Search Results for "GAC Group"
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 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 cut its 2020 sales target as its production severely stalled in February due to the coronavirus outbreak.
Mar. 17 , 2020
GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.
Jan. 16 , 2020
Chinese state-owned automaker GAC Group is seeking to raise a fund worth of around $1 billion for future investment in the EV startup NIO, a local media outlet reported on January 15, citing people briefed on the plan.
Jan. 15 , 2020
GAC Group said its full-year auto production and sales of 2019 were better than expected. Last year, the automaker output 2,023,814 vehicles (-7.76%) and sold 2,062,160 new vehicles (-3.99%).
Jan. 7 , 2020