Search Results for "GAC Group"

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 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 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
GAC Group’s auto sales significantly drop in Feb., but new energy PV sales still surge
GAC Group’s auto sales significantly drop in Feb., but new energy PV sales still surge

GAC Group sold 19,347 new vehicles during the anti-coronavirus month, suffering a year-on-year plunge of 81.08%. With 195,618 units sold in total, the decrease in year-to-date sales stood at 37.3%.

Mar. 10 , 2020