Search Results for "GAC Group"

GAC Group sees net profit in 2020 drop 9.85% year on year
GAC Group sees net profit in 2020 drop 9.85% year on year

GAC Group gained 63.157 billion yuan ($9.657 billion) in the gross revenue for the year of 2020, posting a year-on-year growth of 5.88%, according to the annual financial results released on Thursday.

Mar. 26 , 2021
GAC Group reports over 440% YoY growth in both Feb. outputs, sales
GAC Group reports over 440% YoY growth in both Feb. outputs, sales

GAC Group output and sold 103,937 and 105,128 new vehicles in Feb., respectively representing year-on-year hike of 500.34% and 443.38%, the company announced on March 8.

Mar. 9 , 2021
GAC Group records double-digit YoY growth in both Jan. outputs, sales
GAC Group records double-digit YoY growth in both Jan. outputs, sales

GAC Group announced its auto outputs and sales reached 191,831 units and 217,333 units in January 2021, jumping 39% and 23.29% from a year ago respectively.

Feb. 4 , 2021
GAC Group, Pearl River Investment ally on next-generation intelligent vehicle
GAC Group, Pearl River Investment ally on next-generation intelligent vehicle

GAC Group entered into a strategic partnership with Guangdong Pearl River Investment Management Group Co., Ltd. (Pearl River Investment) and Guangdong Yuanzhi Technology Group Co.,Ltd. on Jan. 5 for an intelligent vehicle project.

Jan. 6 , 2021
GAC Group eyes 10% year-on-year growth in 2021 auto sales
GAC Group eyes 10% year-on-year growth in 2021 auto sales

GAC Group aims to achieve a year-on-year increase of 10% in 2021’s full-year auto sales, according to an operation plan the company approved on Dec. 25.

Dec. 27 , 2020
GAC NIO granted 15 mln yuan of loans from GAC Group after talks with Beijing officials
GAC NIO granted 15 mln yuan of loans from GAC Group after talks with Beijing officials

GAC Group agreed on December 18 to offer GAC NIO a loan of 15 million yuan ($2.29 million) with an one-year tenure, according to the automaker’s announcement.

Dec. 21 , 2020