Articles Tagged with "GAC Group"

Top stories of GAC Group in 2021
Top stories of GAC Group in 2021

Gasgoo hereby summarizes GAC's significant events that happened in 2021.

Feb. 5 , 2022
GAC Group’s component arm builds semiconductor joint venture with CRRC’s subsidiary
GAC Group’s component arm builds semiconductor joint venture with CRRC’s subsidiary

GAC Component Co., Ltd., whose majority shareholder is GAC Group, and Zhuzhou CRRC Times Semiconductor Co., Ltd. have set up a semiconductor joint venture dubbed Guangzhou Qinglan Semiconductor Co., Ltd.

Jan. 21 , 2022
GAC Group’s 2021 net profit expected to rise 11% to 27% YoY
GAC Group’s 2021 net profit expected to rise 11% to 27% YoY

GAC Group announced on Tuesday its full-year net profit attributable to shareholders is forecasted to reach 6.6 billion ($1.035 billion) to 7.6 billion yuan ($1.192 billion), rising 11% to 27% from the previous year.

Jan. 11 , 2022
GAC Group clocks 2.98% YoY growth in Nov. sales
GAC Group clocks 2.98% YoY growth in Nov. sales

In Nov. 2021, GAC Group saw its monthly auto sales climb 2.98% year on year to 224,136 units, according to the automaker’s sales results, putting an end to the five consecutive months of decrease caused by the chip shortage.

Dec. 7 , 2021
GAC AION to post registered capital surge by nabbing money from GAC Group, GAC Motor
GAC AION to post registered capital surge by nabbing money from GAC Group, GAC Motor

GAC AION, the wholly-owned NEV subsidiary of GAC Group, will implement an internal asset restructuring by means of cash capital increase, asset injection, and conversion of capital public reserve.

Nov. 30 , 2021
GAC Group announces carbon neutrality target at Auto Guangzhou 2021
GAC Group announces carbon neutrality target at Auto Guangzhou 2021

Specifically, the group aims to set 2045 as the year to achieve the target of carbon neutrality.

Nov. 20 , 2021