Articles Tagged with "GAC Group"

GAC Group invests in Holomatic’s C1 round, with cooperated vehicles coming in 2022
GAC Group invests in Holomatic’s C1 round, with cooperated vehicles coming in 2022

GAC Group signed a deep cooperation agreement with China's autonomous driving solution startup, Holomatic, and invested in the startup's C1-round of financing.

Nov. 3 , 2021
GAC Group’s Q1-Q3 revenue leaps 28.64% YoY
GAC Group’s Q1-Q3 revenue leaps 28.64% YoY

For the first three quarters of 2021, GAC Group earned 55.117 billion yuan of revenue, representing a 28.64% year-on-year growth, while saw its net profit attributable to shareholders climb 5.63% to 5.284 billion yuan.

Oct. 29 , 2021
GAC Group boasts YoY growth in Jan.-Sept. outputs, wholesales
GAC Group boasts YoY growth in Jan.-Sept. outputs, wholesales

For the first nine months of 2021, GAC Group scored year-on-year growth in both vehicle outputs and wholesales despite the coronavirus pandemic and the industry-wide chip shortage.

Oct. 9 , 2021
GAC Group boasts 87.07% YoY surge in H1 2021 net profit
GAC Group boasts 87.07% YoY surge in H1 2021 net profit

GAC Group said its gross revenue for the first half of 2021 reached 34.572 billion yuan, jumping 34.83% from the previous year. Its semi-annual net profit attributable to shareholders surged 87.07% to 4.337 billion yuan.

Aug. 31 , 2021
GAC Group July sales down slightly
GAC Group July sales down slightly

Last month, the group produced 163,729 vehicles, down 19.1% from a year earlier while its total production volume in the past seven months increased by 16.56% to 1,165,175 vehicles.

Aug. 9 , 2021
GAC Group scores 24.49% growth in first-half sales
GAC Group scores 24.49% growth in first-half sales

GAC Group said its new vehicle sales amounted to 1,026,505 units for the first half of 2021, jumping 24.49% year on year. During the same period, the group output 1,001,446 vehicles, representing a 25.61% growth.

Jul. 12 , 2021