Jiangling Motors Group Co
Jiangling Motors Co., Ltd. (“JMC”) is one of the biggest companies in China commercial vehicle industry and one of China Top 100 Listed Companies for consecutive five years.In the middle of 1980s, JMC initially introduced internationally advanced technology to manufacture light-duty truck and became China main light truck manufacturer. In November 1993, JMC successfully issued A share in Shenzhen Stock Exchange and became the first listed company of Jiangxi Province. Besides, JMC initially issued B share by ADRs to introduce foreign strategic partner in1995. Currently American Ford Motor Company(“Ford”)is the second largest shareholder of JMC.
As an early company with foreign investment in Jiangxi, with the support of its strategic partner Ford, JMC develops rapidly and gains ground. In 1997, JMC worked with Ford to launch Transit light bus which was the first co-developed vehicle by China and foreign companies in China. JMC has absorbed global top product technology, manufacturing process and management concept; applied reasonable share balancing system, highly efficient and transparent operation, and high-standard business management; formed standard management operation system.
Now JMC has established product development, logistics, sales service and banking support systems and processes which all meet international standard, becoming a model of successful cooperation between Chinese and foreign companies. JMC products include: Transit commercial vehicle, Kaiyun light truck, Baodian pickup and Baowei BUV, which are the models of fuel saving, practicality and environment friendliness.
Ford Transit vehicle, greatly favored by China consumers, has been developing steadily in both mid & high end commercial vehicle market and dual passenger/cargo vehicle market. It has dominated China high-end light bus market and excelled other diesel-engine commercial vehicles on sales volume in mid & high-end light bus market. The sales volume of JMC independent brand products “JMC” Baodian pickup, Kaiyun and “JMC ”light truck series continue to dominate mid and high end market. In January 2008, New Generation Ford Transit launched in China. Its strong power, sedan-style design, advancing configuration, low emission reaching Euro? and outstanding drivability lead new trend of sedan style, safety, diesel engine technology and environment friendliness in China light bus market, enabling JMC to stay at absolute position in China high-end light bus industry.
JMC takes the lead in establishing modern marketing system in China auto market and a strong nationwide marketing network has been built? In light of four-in-one exclusive business mode (refers to sales, spare parts, service and survey), JMC has near 100 first-tier dealers and over 600 dealers in total. The overseas sales service network expands rapidly and overseas sales volume grows at high speed, enabling JMC to become the biggest exporter of China light-duty diesel-engine commercial vehicle and be recognized as State Whole Vehicle Export Base by Ministry of Commerce and National Development and Reform Commission of China. JMC brand has already become one of two key commercial vehicle export brands greatly supported by Ministry of Commerce.
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