Search Results for "GAC Group"
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
GAC Group announced a 13.2% year-on-year decline in October auto sales, posting downturn for four consecutive months.
Nov. 11 , 2019
Chinese automaker GAC Group gained RMB43.031 billion in gross revenue for the first nine months of 2019, versus RMB53.508 billion for the year-ago period, the company said on October 29.
Oct. 31 , 2019
GAC Group reported a 4.75% year-on-year decrease in September auto sales, posting downturn for three consecutive months.
Oct. 12 , 2019