Articles Tagged with "GAC Group"

Top stories of GAC Group in 2019
Top stories of GAC Group in 2019

Gasgoo hereby summarizes GAC's significant events that happened in 2019, helping you review what efforts the automaker has made for its offensives in auto electrification, ICV, mobility service and international markets.

Jan. 27 , 2020
GAC Group says report about its $1 billion investment in NIO is untrue
GAC Group says report about its $1 billion investment in NIO is untrue

GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.

Jan. 16 , 2020
GAC Group rumored to invest in startup NIO
GAC Group rumored to invest in startup NIO

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 launches e-TIME plan
GAC Group launches e-TIME plan

GAC Group, along with its Trumpchi and GAC NE subsidies, released its e-TIME plan at Auto Guangzhou 2019.

Nov. 26 , 2019
GAC Group’s Oct. sales fall 13.2% year on year
GAC Group’s Oct. sales fall 13.2% year on year

GAC Group announced a 13.2% year-on-year decline in October auto sales, posting downturn for four consecutive months.

Nov. 11 , 2019
GAC Group’s Jan.-Sept. net profit decline, while investment income remains flat
GAC Group’s Jan.-Sept. net profit decline, while investment income remains flat

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