Search Results for "GAC Group"

GAC Group aims to gain 10% YoY growth in annual auto sales of 2024
GAC Group aims to gain 10% YoY growth in annual auto sales of 2024

GAC group anticipates achieving approximately 2.513 million vehicles in both automobile production and sales for the year of 2023, marking a year-on-year growth of 1.3% and 2.7%, respectively.

Dec. 22 , 2023
GAC Group, Bank of China, GZII Group intend to set up joint fund for NEV, ICV tech development
GAC Group, Bank of China, GZII Group intend to set up joint fund for NEV, ICV tech development

On December 13, GAC Group signed a strategic partnership agreement with Bank of China and Guangzhou Industrial Investment and Capital Operation Holding Group Ltd. ("GZII Group").

Dec. 14 , 2023
GAC Group scores 80.35% YoY spike in Jan.-Nov. new energy vehicle sales
GAC Group scores 80.35% YoY spike in Jan.-Nov. new energy vehicle sales

GAC Group announced on Tuesday its auto sales reached 227,124 units in November 2023, jumping 19.35% over the previous year.

Dec. 6 , 2023
GAC Group surpasses 2-million-unit mark in Jan.-Oct. auto output, sales
GAC Group surpasses 2-million-unit mark in Jan.-Oct. auto output, sales

For the first ten months of 2023, GAC Group saw both of its cumulative auto output and sales exceed 2 million units.

Nov. 7 , 2023
GAC Group scores 2-digit YoY growth in Q1-Q3 2023 revenue
GAC Group scores 2-digit YoY growth in Q1-Q3 2023 revenue

In the first three quarters of 2023 (Q1-Q3 2023), GAC Group achieved consolidated gross revenue of 98.182 billion yuan, representing a 22.17% jump year-on-year, according to the group's latest quarterly financial results released on October 26.

Oct. 27 , 2023
GAC Mitsubishi to become wholly-owned subsidiary of GAC Group
GAC Mitsubishi to become wholly-owned subsidiary of GAC Group

Upon completion of this restructuring, GAC Mitsubishi will become a wholly-owned subsidiary of GAC Group, while GAC AION will leverage the facilities of GAC Mitsubishi to lift its production capacity.

Oct. 25 , 2023