Columbus-based Cummins Inc. and a Chinese automotive company have formed a partnership that will expand upon an existing relationship and help them become more competitive in their markets, the companies said.
The Republic reported that Cummins, a global power solutions company, and Anhui Jianghuai Automobile Co. Ltd. (JAC Motors) announced Monday (May 14) that they have formed a 50:50 joint-venture after Cummins purchased Navistar’s 50% equity of the JAC-Navistar Diesel Engine Company, Cummins said.
JAC Motors, established in 1964, sells passenger and commercial vehicles in China and to more than 100 countries worldwide.
Cummins currently supplies light-duty, mid-range and heavy-duty engines to JAC Motors for its domestic market in China as well as its global operations, Cummins said.
The new joint venture will continue its operations at the manufacturing facility in Hefei, and will continue offering customers NS V diesel engines and focus on developing new products that meet NS VI standards, Cummins said.
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