JMC Heavy Duty Vehicle (JMCH) is a Chinese trucks manufacturer owned by

Volvo Trucks Volvo Trucks ( sv, Volvo Lastvagnar) is a truck manufacturing division of Volvo based in Gothenburg, Sweden. Volvo Trucks was a separate company within Volvo. The Volvo Group was reorganised on 1 January 2012 and as a part of the process, Vol ...

. It was established in 2013 by

Jiangling Motors Jiangling Motors Corporation Limited, abbreviated JMC, is a Chinese automobile manufacturer. According to company and press reports, the largest shareholder of JMC is Jiangling Investment, a company controlled equally by the state-owned enterpris ...

as a successor of Taiyuan Changan and is headquartered in

Taiyuan Taiyuan (; ; ; Mandarin pronunciation: ; also known as (), ()) is the capital and largest city of Shanxi Province, People's Republic of China. Taiyuan is the political, economic, cultural and international exchange center of Shanxi Province. ...

History

In August 2012,

announced it would acquire all the stake of the

-based heavy truck manufacturer Taiyuan Changan Heavy Truck Company from its shareholders

Changan Chang'an (; ) is the traditional name of Xi'an. The site had been settled since Neolithic times, during which the Yangshao culture was established in Banpo, in the city's suburbs. Furthermore, in the northern vicinity of modern Xi'an, Qin Shi ...

(80% stake) and

China South Industries Group Corporation The China Ordnance Equipment Group Corporation (), also known as China South Industries Group Corporation (CSGC, ), is a Chinese state-owned manufacturer of automobiles, motorcycles, firearms, vehicle components, and optical-electronic products ...

(20%). Taiyuan Changan Heavy Truck had been established in 2007 and planned to sell about 15,000 trucks by 2012 and be in the level of the top-ten truck manufacturers within China, but the actual number that year was about 3,000. Taiyuan Changan Heavy Truck was reincorporated as JMC Heavy Duty Vehicle (JMCH) and restarted operations on 8 January 2013. In July 2014,

Ford Ford commonly refers to: * Ford Motor Company, an automobile manufacturer founded by Henry Ford * Ford (crossing), a shallow crossing on a river Ford may also refer to: Ford Motor Company * Henry Ford, founder of the Ford Motor Company * Ford F ...

and JMCH signed an agreement for the latter to produce Ford-based heavy trucks. In 2015, JMCH completed the construction of a new assembly plant and an engine plant. The first product from the company, the

Cargo Cargo consists of bulk goods conveyed by water, air, or land. In economics, freight is cargo that is transported at a freight rate for commercial gain. ''Cargo'' was originally a shipload but now covers all types of freight, including trans ...

-based Weilong, was unveiled at the 2017

Shanghai Motor Show Auto Shanghai (), officially known as the Shanghai International Automobile Industry Exhibition (), is a biennial international automobile show that alternates with the Beijing Auto Show (Auto China) as China's yearly international automotive ...

and deliveries started in October 2017. In 2018, the company introduced the F-MAX-based Weilong HV5. In August 2020, following constant yearly losses, JMC announced it had spun off JMCH's engine branch into a separate company called Taiyuan Jiangling Power Co., Ltd. In October 2020, it announced it had put a 60% controlling stake from the new company on sale. In January 2021, it announced it had sold the stake to the Yunnei Group (a state-owned holding controlled by the Kunming State-owned Assets Supervision and Administration Commission). That same month, JMC said it would increase the JMCH capital with the aim of improving its assets-liabilities ratio and facilitating a company restructuring. In May 2021, JMC said its board had decided to list JMCH for sale. In August 2021,

, a division of

Volvo Group The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...

, announced the acquisition of JMC Heavy Duty Vehicle for around . Volvo plans to launch production of its truck models FH, FM and FMX for Chinese market in acquired plant by the end of 2022.

Products

The company sells two Ford-based heavy trucks, the Weilong and Weilong HV5, under various configurations. * Weilong (based on

Ford Cargo The Ford Cargo is a forward control (cab-over-engine) truck model manufactured by Ford since 1981. Designed by Ford of Britain as the successor of the larger Ford Transcontinental, the Cargo entered the North American market as the intended suc ...

) * Weilong HV5 (based on

Ford F-MAX The Ford F-MAX is a heavy-duty truck produced by Ford Otosan. It was introduced in 2018. It was unveiled during the IAA 2018 in Hannover, Germany. It was also chosen to be the International Truck of the Year 2019. The truck was designed by For ...

) The Weilong range will be discontinued in 2022 in favour of new Volvo Trucks FH, FM and FMX models.

References

External links

* {{Automotive industry in China Truck manufacturers of China Companies based in Taiyuan Vehicle manufacturing companies established in 2013 Ford Motor Company