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MAXUS to Take 20% European Light Bus Shares Next Year

2013-08-01    
For the past 20 years, sales of European light trucks are taken by NAVECO and JMC, and NAVECO takes 40% and JMC takes the rest sales of the annual 100,000 units. And the new MAXUS decides to break the situation.
For the past 20 years, sales of European light trucks are taken by NAVECO and JMC, and NAVECO takes 40% and JMC takes the rest sales of the annual 100,000 units. And the new MAXUS decides to break the situation. 
 
SAIC purchased UK LDV products and technology to forge their MAXUS brand, and 5000 light buses were sold in 2012, and they have sold more than 5000 light buses from Jan to June, up 85%. 
 
The sales target is for 12000 units, about 8% of their market shares, and they can take 20% in 2014.