In September 2010, Navistar and Anhui Jianghuai Automobile Co., Ltd. signed a joint venture agreement to develop, manufacture and sell advanced diesel commercial engines and advanced commercial vehicles. This marks the official entry into the Chinese market by U.S. commercial vehicle giants.
Navistar is a leading manufacturer of commercial vehicles and engines in North America. It is a world-renowned manufacturer of trucks and sedans. The company was founded in 1902 in Illinois, USA. At the same time, Navistar is North America's largest medium diesel engine and 6-8-class commercial truck and bus manufacturer. Navistar is the largest manufacturer of heavy-duty trucks and school buses in North America. Its brands include international commercial vehicles and military trucks, MaxxForce diesel engines, IC school buses and commercial buses, and Workhorse RVs. Its heavy truck sales rank second in North America. .
When speaking of this joint venture, Navistar Group Chairman, President and Chief Executive Officer Daniel Ustin said that China’s commercial vehicle market has great potential. Most Chinese users do not understand Navistar, and we need Take the opportunity to show yourself and let more Chinese users know and understand us. In China, our strategy is to expand the Chinese market through cooperation with Jianghuai Automobile and achieve localized operation.
It is reported that the president of Navistar China has positioned Mr. Wan Ruyi who has worked for more than 20 years in General Motors and Fiat companies. Mr. Wan Ruyi, who has worked for more than 20 years in General Motors and Fiat Enterprises, is the president of Navistar China.
“Navistar has world-leading technology in the production of trucks and engines, while JAC has unique understanding and experience of the local Chinese commercial vehicle market and commercial vehicle export market. Through cooperation with such a strong partner as JAC. We can quickly understand the Chinese market and expand our business in China,†said Wan Ruyi.
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