Zastava vozila and JAC Motors from China plan to establish joint venture

(Photo: zastava-kamioni.co.rs)

As the press service of the Serbian president announced, JAC Motors President An Yin said that previous talks with the Zastava vozila group had been very successful, voicing his hope that the two companies would cooperate in several fields in the future.

- The main objective is joint production that would lead to the establishment of a joint venture - said Yin.

JAC Motors makes cars and commercial vehicles, while Zastava vozila produces trucks. Nikolic pointed out that the Zastava vozila company was very important for Serbia that must "show responsibility and take care of its businessmen instead of leaving them to themselves".