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jac and navistar diesel engine jv project obtains ndrc¡¯s approval

from:wndiesel.com    2012-12-21    writer:admin

According to the JAC¡¯s statement, National Development and Reform Commission (NDRC) authorize official approval to the company and Navistar diesel engine joint venture project. 

 

JAC and Navistar jointly established is named as JAC Navistar Engine Limited Company. Its registered assets is 600 million yuan, among which JAC and Navistar will assume 300 million yuan respectively according to the principal of equivalence and will totally invest 1800 million yuan to mainly produce JAC HFC4DA1(2.8L) series diesel engine, Navistar MaxxForce3.2L diesel engine, MaxxForce4.8/7.2L diesel engine. Annual production capacity of the company will reach 150,000 units.

 

At the same time, the plan will bring in large diesel engines such as MaxxForce9.3L ,MaxxForce 11/13L and so on is under the discussion between JAC and Navistar.

 

Experts say the cooperation between JAC and Navistar will accelerate JAC commercial vehicles¡¯ vertical integration to effectively resolve the problem of key spare parts¡¯ technology updates of light trucks, medium trucks and heavy trucks. Especially, the introduction of light truck diesel engine will form competitive edge with JAC light truck together to create light trucks with higher performance and better quality.