JAC president An Jin said at the contract signing ceremony: "Our company is very confident about the prospects of this joint venture with one of the world's leading automotive groups. We look forward to future cooperation with the Volkswagen Group and to being able to offer even more people in our country the benefits of sustainable mobility."

11 brands of the Volkswagen Group are represented in China. Together with its two existing joint venture partners FAW (FAW Volkswagen) and SAIC (SAIC Volkswagen) , the Volkswagen Group has delivered more than 30 million vehicles in China since it entered the market in 1984. About 95,000 employees at 30 Chinese plants currently work for Volkswagen Group China. About 3,000 dealers (with 330,000 employees) delivered 150 different models and a total of about 4 million vehicles of the Volkswagen Group in 2016 - corresponding to a rise of 12.2 percent over the previous year.

Anhui Jianghuai Automobile Co., Ltd. (JAC) is a well-known Chinese manufacturer of passenger cars and commercial vehicles with headquarters in Hefei (Anhui Province). The company's product range mainly includes heavy, medium and light trucks, multi-functional commercial vehicles, SUV's, sedans and buses as well as key components such as chassis, transmissions, engines and axle units. JAC markets its vehicles under two automobile brands: "Jianghuai" and "Ankai".

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