TAO Zhi, vice general manager of JAC passenger car marketing company announces a so called “hurricane action” for new Refine M5 at the Beijing Auto Exhibition recently. It is big news that new Refine M5 will reduce as much as 40, and at least 23 thousand CNY over the original type. The price of M5 now enter segment from 130 thousand to 150 thousand, which makes the cost performance much more prominent. It will dramatically enhance sales of M5, which already exceed thousand sales per month.

JAC never conceals its ambition onto sales. Its “the 12th five years plan” aims 700 thousand sales, and proposal to sprint for 1 million sales in year 2017, which steps into million sales level comprehensive automobile company.

JAC prepares enough ammo for market taking battle, which includes small size SUV RS S30 which will launch market in the middle of the year, and Refine M3, which will launch market within the same year and aims mini bus upgrade MPV segment. Besides, JAC stars A6 and M6 shall joint competition in the next year as well.

Besides, JAC has not leave new energy segment alone. IEV5, which will take its first show at Beijing Auto Exhibition, is the first total electronic car in China. Its top speed is able to reach 200 km with city road. The highest speed reaches 120 km/h. Its technology involved lead in China. As it known, JAC pure electronic car sales exceeds 4 thousand accumulated since year 2010 to 2012, which takes about 60% private electronic car segment.

Besides sales and products, JAC pays attention on long term quality growth, which means profit growth faster than sales growth. As it known, JAC income of year 2013 is 39 billion CNY, which has increased 12% over last year, and its profit has exceeded 1.16 billion CNY, which has increased 40.33%, which is far more than income growth.

Source:Gasgoo