Search Results for "GAC Group"

GAC Group, FCA sign MoU to improve joint venture’s operations
GAC Group, FCA sign MoU to improve joint venture’s operations

At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in China and explore new collaboration opportunities.

Jul. 31 , 2020
GAC Group to start pilot operation of fuel cell vehicles in 2020
GAC Group to start pilot operation of fuel cell vehicles in 2020

On July 28, GAC Group offered the first glimpse of its first hydrogen fuel cell vehicle model, the Aion LX Fuel Cell, at the GAC Tech Day 2020.

Jul. 29 , 2020
First NEV model co-developed by GAC Group, Mitsubishi to be mass produced in 2021
First NEV model co-developed by GAC Group, Mitsubishi to be mass produced in 2021

GAC Mitsubishi Motors on July 8 celebrated the first spade cut for its new energy vehicle (NEV0 manufacturing base in Changsha, capital of Hunan province, according to Changan municipal government, which cited a local media report.

Jul. 9 , 2020
GAC Group’s March sales decline 39.55% from a year ago
GAC Group’s March sales decline 39.55% from a year ago

In March, GAC Group clocked a year-on-year sales drop of 39.55%, but saw a significant rebound compared to the previous month.

Apr. 13 , 2020
GAC Group sees 2019 net profit fall 39.3% year on year
GAC Group sees 2019 net profit fall 39.3% year on year

GAC Group announced its net profit attributable to shareholders slumped 39.3% year on year to RMB6.618 billion in 2019, and earnings per share dropped to RMB0.65 from RMB1.07 in 2018.

Apr. 1 , 2020
GAC Group will not cut salary to weather coronavirus-caused crisis
GAC Group will not cut salary to weather coronavirus-caused crisis

GAC Group cut its 2020 sales target as its production severely stalled in February due to the coronavirus outbreak.

Mar. 17 , 2020