About JAC Anhui Jianghuai Automobile Co. Ltd. (JAC) is principally engaged in the development， manufacture and sale of sport recreational vehicles， passenger cars， commercial vehicles and related parts. The company offers business vehicles under the brand name of Refine， light and heavy trucks， sports recreation vehicles (SRVs) under the brand name of Rein， carriage chassis and cars. About Navistar Navistar， Inc.， the operating company of Navistar International Corporation(NYSE: NAV)， produces International brand commercial vehicles， MaxxForce brand diesel engines， IC Bus brand school and commercial buses， Monaco RV brands of recreational vehicles， and Workhorse brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck， van and SUV markets. The company also provides truck and diesel engine service parts. Formation of the joint venture is subject to the completion of due diligence，approval by each party`s board of directors， negotiation of definitive agreements， corporate and regulatory approvals. Management structure would consist of eight directors， four from JAC and four from Navistar.