Recently, some media reported that Jianghuai Automobile officially announced that it plans to invest in its new MPV model, Ruifeng M4, SUV new Ruifeng S7 and new generation heavy truck N221. The above three new projects are expected to be commissioned in the second half of 2016. The investment in fixed assets is about 440 million yuan.
It is reported that Ruifeng S7 is positioned in the middle and high-end urban SUV market. It can be seen that Jianghuai Automobile has determined its medium and high-end SUV market, and the fixed assets investment of the project is 168 million yuan. The Ruifeng M4 is the replacement product of Jianghuai Automobile Laoruifeng. Jianghuai will adapt its corresponding production line of the passenger car to the first production line. The investment in fixed assets of the project is about 135 million yuan.
Jianghuai Automobile's strength is not only the same. It is reported that Jianghuai's first small MPV Ruifeng M3 will be officially launched in March 2015, and plans to launch new models such as the upgraded Ruifeng S5 and the entry-level SUV S2.

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February 04, 2024