AVIC’s Long-term Ambition

English.chinabuses.com: News from Aviation Industry Corporation of China (AVIC for short as below) reports that its total sales revenue in its auto business would reach 30 billion yuan ($4.39 billion) by 2017. Mr. Geng Ruguang, deputy general manager of AVIC, says that the business of passenger vehicles has become the corporation's guiding plan.

Recently, AVIC and its partner Volvo's new product Silver 900 series went off production line. The bus is 12 meters long, which could be used for road transportation, tourist reception, and military equipment.

Silver 900 Bus

The Silver 900 series was developed by Xi'an Silver Bus Corporation, a joint venture established in 1994 by AVIC Xi'an Aircraft Industry Co ltd, and the Swedish bus and truck maker Volvo Company. The Xi'an Silver Bus Corporation expects to produce annually 4,000 vehicles by 2014.

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