News ID: 3964
Publish Date : 02 April 2020 - 08:58

Take a look at JAC and Lifan's history/ introducing Chinese partners of Kerman Motor

In order to get to know the automotive industry's business partners, we turned to two Chinese partners, Kerman Motor, better known as JAC and Lifan. Automakers, which are nowadays one of the leading brands of automobiles in China, and Lifan are active in the field of sports and bicycle production, in addition to car production.
Khodrocar - Lifan Group is a Chinese carmaker that began manufacturing its first products in 2005, and its products include small sedans, small vans and hatchback cars.

Although it sells small rides outside the borders, Lifan has products in China such as bicycles and sneakers. As one of Kerman Motor's trading partners in Iran, this automotive group produced the Lifan 620 and Lifan 520 (Stop Production), Lifan X60, Lifan x50 and Lifan 820 models.

Another business partner of Kerman is Motor JAC, or JCC, located in Hefei Jianghai City. The company was founded on September 30, 1999, formerly known as Jianghai Hefei Automobile Factory, which was founded in 1964 and later renamed in 1997 to Anhui Jianghai Auto Company.

JAC letters make up the acronym from Jianghuai Automobile Company. The company's public offering also began trading on the Shanghai Stock Exchange in 2001.

Initially, JAC was involved only in the production of commercial trucks made under the name Jiang Hua. But from 2000 onwards, we saw the Chinese carmaker in the field of passenger cars in various applications, high-end chassis products, and so on.

In 2007, JAC received government approval to produce passenger cars, but was still referred to as a truck manufacturer. Prior to obtaining a production license in 2007, JAC worked closely with Hyundai Motors in the early 2000s to develop its product line.

Beginning in 2003, JAC began assembling Hyundai products. Of course, it only included multipurpose cars or multipers, which ended before 2007. The outcome of the collaboration was two models, a multifunctional and a hybrid chassis based on Hyundai technology assembled by JAC. Hyundai was looking for a way to start a joint venture with JAC, and the program came to a standstill soon, and the two companies ended their partnership.

The Chinese government announced in 2009 that it would support the integration of Chinese carmakers. It was enough for analysts to report the possibility of the merger of JAC and Cherie, two companies in Anhui Province. This merger was useful in several ways. The most important included completing the two companies' production lines. Note that at that time Cherry was only in the production of passenger cars and JAC's focus was on the truck. JAC's company launched a new program that included the production line of electric cars.

And that was an excuse for GCC to start serious, class-action activity in 2009, with sales of 300,000, a significant amount. Meanwhile, 12,100 cars were sold in countries other than China. In 2010, GAC was among the top 10 most profitable Chinese carmakers, selling 458500 units of production cars and gaining 2.5% of its market share, ranking eighth in terms of market share.

In 2011, JAC was in ninth place with about 500,000 cars produced, and in 2012 with 445,000 cars, his position dropped further to 10th. Its estimated production capacity in 2009 was over 500,000 vehicles per year.

Currently, JAC has a strong presence in our country, whose products are imported or assembled by Kerman Motor. JAC has made significant progress since 2000, and his progress, now one of the ten most successful Chinese carmakers, demonstrates that he adheres to the right principles.