Search Results for "GAC Group"

GAC Group records 52.87% slump in first-half net profit
GAC Group records 52.87% slump in first-half net profit

GAC Group announced that its operating revenue of the first half of 2020 shrank 9.54% from a year ago to 25.439 billion yuan and the semi-annual net profit attributable to shareholders plunged 52.87% year on year to roughly 2.318 billion yuan.

Sep. 1 , 2020
GAC Group eyes trial operation of Level 4 autonomous cars in 2023
GAC Group eyes trial operation of Level 4 autonomous cars in 2023

GAC Group strives to achieve the pilot operation of level 4 autonomous cars in designated regions in 2023, Feng Xingya, president of GAC Group, revealed at the Global Intelligent Vehicle Summit (GIV2020).

Aug. 24 , 2020
GAC Group boasts two-digit growth in both July outputs and sales
GAC Group boasts two-digit growth in both July outputs and sales

GAC Group produced 202,379 and sold 183,937 new vehicles last month, representing year-on-year jump of 21.63% and 16.38% respectively.

Aug. 10 , 2020
GAC Group gains growth in May thanks to GAC Toyota’s sales hike
GAC Group gains growth in May thanks to GAC Toyota’s sales hike

GAC Group’s auto sales stood at 165,622 units in May, rising 4.07% compared with the same period last year, said the automaker.

Jun. 10 , 2020
GAC Group gains sales growth in April thanks to Sino-Japanese JVs’ impetus
GAC Group gains sales growth in April thanks to Sino-Japanese JVs’ impetus

GAC Group saw its auto sales in April rise 6.1% year on year to 166,273 units, which made its year-to-date sales aggregate 472,370 units, still showing a slump of 27.49% due to the coronavirus outbreak.

May 8 , 2020
GAC Group records 24.48% year-on-year decrease in first-quarter revenue
GAC Group records 24.48% year-on-year decrease in first-quarter revenue

For the first quarter of 2020, GAC Group clocked a year-on-year plunge of 95.73% in the net profit, and saw its revenue fall 24.48% from a year ago.

Apr. 29 , 2020