Search Results for "GAC Group"

GAC Group’s auto sales zoom up 78% YoY in Aug. 2022
GAC Group’s auto sales zoom up 78% YoY in Aug. 2022

GAC Group, one of the major Chinese automobile groups, announced it sold 217,838 vehicles last month, representing a 78.02% hike year-on-year, while facing a slight drop of 1.03% month-on-month.

Sep. 6 , 2022
GAC Group sees H1 2022 net profit leap 32.61% YoY
GAC Group sees H1 2022 net profit leap 32.61% YoY

GAC Group announced today its revenue amounted to 48.448 billion yuan ($7.004 billion) in the first half of 2022 (“H1 2022”), surging 41.17% over a year earlier.

Aug. 30 , 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 plans construction of power battery volume production lines
GAC Group plans construction of power battery volume production lines

GAC Group is preparing to build a production lines for mass-produced power batteries, according to the speech Zeng Qinghong, Chairman of GAC Group, delivered on July 21 at the 2022 World EV & ES Battery Conference.

Jul. 22 , 2022
Stellantis intends to terminate joint venture with GAC Group
Stellantis intends to terminate joint venture with GAC Group

Stellantis, one of the world's leading automakers and a mobility service provider, announced on July 18 the plan to focus on distributing imported vehicles for the Jeep brand in China through an asset-light approach.

Jul. 18 , 2022
GAC Group posts YoY, MoM two-digit growth in June 2022 sales
GAC Group posts YoY, MoM two-digit growth in June 2022 sales

GAC Group, one of the major Chinese automobile groups, scored a double-digit growth in June sales compared to both the previous year and the previous month.

Jul. 5 , 2022