Articles Tagged with "GAC Group"

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
GAC Group clocks 15.94% decrease in Jan. new vehicle sales
GAC Group clocks 15.94% decrease in Jan. new vehicle sales

GAC Group announced it sold 176,271 new vehicles in January, a decrease of 15.94% compared to the same period in 2019.

Feb. 14 , 2020
GAC Group’s 2019 sales down by 3.99%, still better than expected
GAC Group’s 2019 sales down by 3.99%, still better than expected

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
Chinese auto giants SAIC Motor, GAC Group become strategic partners
Chinese auto giants SAIC Motor, GAC Group become strategic partners

On December 23, SAIC Motor joined hands with GAC Group for a wide range of strategic cooperation.

Dec. 23 , 2019
GAC Group clocks drop in Jan.-Nov. wholesale volume, but deliveries rise
GAC Group clocks drop in Jan.-Nov. wholesale volume, but deliveries rise

GAC Group reported a year-on-year drop of 4.27% in November wholesale volume, 8.93 percentage points less than the Oct. sales. By the end of November, 2019, the Guangzhou-based automakers had been facing sales downturn for five successive months.

Dec. 9 , 2019