Search Results for "GAC Group"

GAC Group announces new shareholding increase by controlling shareholder
GAC Group announces new shareholding increase by controlling shareholder

GAC Group said the latest stake increase means the parent is upbeat about its long-term development prospect and highly recognizes its growth value.

May 9 , 2022
GAC Group sees Jan.-Apr. sales grow 7.14% YoY
GAC Group sees Jan.-Apr. sales grow 7.14% YoY

For the first four months of 2022, GAC Group sold 732,471 new vehicles, representing a 7.14% year-on-year growth, the auto group announced on May 6.

May 7 , 2022
GAC Group’s Q1 2022 revenue leaps 45.67% YoY
GAC Group’s Q1 2022 revenue leaps 45.67% YoY

GAC Group announced on Wednesday that its revenue in the first quarter of 2022 came at 23.145 billion yuan ($3.529 billion), jumping 45.67% year on year.

Apr. 28 , 2022
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem

China's state-run auto group GAC Group announced on Mar. 22 its board of directors has agreed the plan to build an energy subsidiary, as part of efforts to strengthen the building of EV power network and ultimately achieve carbon neutrality.

Mar. 22 , 2022
GAC Group logs 18.06% YoY growth in Jan.-Feb. 2022 sales
GAC Group logs 18.06% YoY growth in Jan.-Feb. 2022 sales

GAC Group said on Monday it sold 143,464 new vehicles in February 2022, representing a 36.47% jump from the year-ago period.

Mar. 7 , 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022

China’s autonomous driving company, Holomatic, has recently received hundreds of millions of yuan from GAC Capital as an exclusive strategic investment.

Mar. 7 , 2022