- GAC Group will not cut salary to weather coronavirus-caused crisis
GAC Group cut its 2020 sales target as its production severely stalled in February due to the coronavirus outbreak.
Mar. 17 , 2020
- GAC Group’s auto sales significantly drop in Feb., but new energy PV sales still surge
GAC Group sold 19,347 new vehicles during the anti-coronavirus month, suffering a year-on-year plunge of 81.08%. With 195,618 units sold in total, the decrease in year-to-date sales stood at 37.3%.
Mar. 10 , 2020
- GAC Group clocks 15.94% decrease in Jan. new vehicle sales
GAC Group announced it sold 176,271 new vehicles in January, a decrease of 15.94% compared to the same period in 2019.
Feb. 14 , 2020
- Top stories of GAC Group in 2019
Gasgoo hereby summarizes GAC's significant events that happened in 2019, helping you review what efforts the automaker has made for its offensives in auto electrification, ICV, mobility service and in...
Jan. 27 , 2020
- GAC Group says report about its $1 billion investment in NIO is untrue
GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.
Jan. 16 , 2020
- GAC Group rumored to invest in startup NIO
Chinese state-owned automaker GAC Group is seeking to raise a fund worth of around $1 billion for future investment in the EV startup NIO, a local media outlet reported on January 15, citing people br...
Jan. 15 , 2020
- GAC Group’s 2019 sales down by 3.99%, still better than expected
GAC Group said its full-year auto production and sales of 2019 were better than expected. Last year, the automaker output 2,023,814 vehicles (-7.76%) and sold 2,062,160 new vehicles (-3.99%).
Jan. 07 , 2020
- Chinese auto giants SAIC Motor, GAC Group become strategic partners
On December 23, SAIC Motor joined hands with GAC Group for a wide range of strategic cooperation.
Dec. 23 , 2019
