Jianghuai Automobile Said to Adjust Organizational Structure

Date:2011-08-22chengyeqing  Text Size:

HEFEI, Aug 19, 2011 (SinoCast Daily Business Beat via COMTEX) -- Source indicated that the Chinese-based auto maker Anhui Jianghuai Automobile Co., Ltd. (JAC) (shse:600418) is going to adjust its organizational structure and the plan will be adopted in September.

However, a top executive in JAC said that the above news was not real. The person also stated that every company will make some change in certain period and that JAC's adjustment was not a simple adjustment in organizational structure or distribution network. He also expressed that since JAC's MPV (multi-purpose vehicle) production line was under upgrading and transformation, the production capacity is thus constrained, causing decline in sales in recent two months. Currently, the upgrading has finished and the annual production capacity will be improved to 400 sets from previous 180 sets. Nevertheless, an insider of JAC told the reporter that JAC has invited professional planning company to solve the problem of product management and corporate planning of the company.

JAC sold complete cars of 268,000 sets in total in the first six months this year, up 10.07% year on year, higher than the industrial average of 3.35%.

 

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