Articles Tagged with "GAC Group"

GAC Group inaugurates R&D Center Europe, Milan-based design studio
GAC Group inaugurates R&D Center Europe, Milan-based design studio

On Oct. 26 (local time), GAC Group inaugurated in Italy the GAC R&D Center Europe and GAC Advanced Design Milan, as part of efforts to further promote the auto giant's overseas business strategy.

Oct. 27 , 2022
GAC Group to begin producing PHEVs under self-owned brands next year
GAC Group to begin producing PHEVs under self-owned brands next year

GAC Group will start producing plug-in hybrid electric vehicle (PHEV) models under its wholly-owned brands next year, according to the group's minutes of an investor relations event, citing the information it recently revealed at a roadshow.

Oct. 20 , 2022
GAC Group gains two-digit YoY growth in both Sept., YTD auto sales
GAC Group gains two-digit YoY growth in both Sept., YTD auto sales

GAC Group, one of the major Chinese automobile groups, announced it sold 237,172 vehicles last month, representing a 44.32% leap year-on-year, while also posting an 8.88% growth month-on-month.

Oct. 11 , 2022
GAC Group intends to build self-owned battery subsidiary
GAC Group intends to build self-owned battery subsidiary

GAC Group announced on Aug. 25 its board of directors had approved the proposal of building a battery subsidiary dedicated to the industrialization of the group's self-owned battery business.

Aug. 26 , 2022
GAC Group to build subsidiary for electric drive system production
GAC Group to build subsidiary for electric drive system production

GAC Group announced on August 11 it would invest a total of 2.16 billion yuan ($320.218 million) in building an electric drive technology subsidiary.

Aug. 12 , 2022
GAC Group’s Jan.-Jul. 2022 vehicle sales reach nearly 1.4 million units
GAC Group’s Jan.-Jul. 2022 vehicle sales reach nearly 1.4 million units

GAC Group, one of the major Chinese automobile groups, announced it sold 220,104 vehicles last month, representing a year-on-year jump of 21.93%, while reflecting a month-on-month drop of 6.1%.

Aug. 5 , 2022