News
Guangzhou Auto, Gonow sign JV deal today: source

Shanghai December 9 (Gasgoo.com) Guangzhou Automobile and Gonow Auto have signed today an agreement to create a 51:49 joint venture. GAC has agreed to retain the existing management team of Gonow in the new company, which will have a registered capital of 1.26 billion yuan ($189 million) and will be lead by Gonow chairman Liao Xuezhong.

Dec. 10 , 2010
Guangzhou Auto set to sign JV deal with Gonow Auto in October

Shanghai October 18 (Gasgoo.com) Guangzhou Automobile Industry Group Co., Ltd. (GAC) is set to sign a joint venture agreement with Chinese minicar maker, Zhejiang Gonow Auto Co., Ltd., at the end of this month or early November, a source from Gonow Auto said on Saturday, First Financial Daily reported Monday.

Dec. 9 , 2010