Search Results for "GAC Group"

GAC Group scores 2-digit YoY growth in May 2023 auto production, sales volume
GAC Group scores 2-digit YoY growth in May 2023 auto production, sales volume

In May 2023, GAC Group achieved positive growth in both auto production volume and sales. The group produced 224,413 vehicles and sold 209,606 vehicles in the month, representing year-on-year increases of 16.61% and 14.5%, respectively.

Jun. 8 , 2023
Gasgoo Daily: GAC Group sees auto sales in May jump 14.5% YoY
Gasgoo Daily: GAC Group sees auto sales in May jump 14.5% YoY

With Gasgoo Daily, we will offer daily important automotive news in China.

Jun. 7 , 2023
GAC Group logs 42.57% YoY leap in Apr. 2023 wholesale volume
GAC Group logs 42.57% YoY leap in Apr. 2023 wholesale volume

GAC Group saw its monthly wholesale volume leap 42.57% over a year earlier to 177,224 vehicles in Apr. 2023, according to the company’s sales results issued on May 5.

May 6 , 2023
GAC Group discontinues joint development with Huawei on AH8 project
GAC Group discontinues joint development with Huawei on AH8 project

On Mar. 27, GAC Group announced that its board of directors has approved the proposal that allows its subsidiary, GAC AION, to independently develop the “AH8” project, rather than the joint development with Huawei agreed previously.

Mar. 28 , 2023
GAC Group sees NEV sales rocket 204.93% YoY in Feb. 2023
GAC Group sees NEV sales rocket 204.93% YoY in Feb. 2023

GAC Group announced on Wednesday it sold 161,219 vehicles in the second month of 2023, representing a 12.38% increase year-over-year.

Mar. 9 , 2023
GAC Group, GAC AION to lift capital contributions to NEV startup HYCAN
GAC Group, GAC AION to lift capital contributions to NEV startup HYCAN

GAC Group and its subsidiary GAC AION will increase their capital contributions to HYCAN by 107 million yuan ($15.474 million) and 493 million yuan ($71.294 million), in proportion to their respective shareholdings of 4.46% and 20.54%.

Feb. 24 , 2023