Search Results for "GAC Group"

GAC Group posts 3.25% year-on-year drop in Jan.-May sales for 2019
GAC Group posts 3.25% year-on-year drop in Jan.-May sales for 2019

Guangzhou Automobile Group Co., Ltd. (GAC Group) announced on June 6 that it May sales edged down 3.59% from a year ago to 159,138 units, which made its cumulative sales so far this year total 810,590 units with a year-on-year drop of 3.25%.

Jun. 10 , 2019
GAC Group posts 28.4% year-on-year drop in Q1 net profit
GAC Group posts 28.4% year-on-year drop in Q1 net profit

GAC Group’s revenue for the first quarter of 2019 reached RMB14.256 billion, slumping 25.74% compared with the same period last year, the automaker reported on April 29.

May 5 , 2019
GAC Group faces 2.69% year-on-year decline in Q1 sales
GAC Group faces 2.69% year-on-year decline in Q1 sales

GAC Group sold 494,734 vehicles in the first quarter of the year, a year-on-year decline of 2.69%, according to the automaker’s sales report released on April 9. Its sales in March edged down 0.34% to 182,760 units.

Apr. 10 , 2019
Top stories of GAC Group in 2018
Top stories of GAC Group in 2018

Gasgoo hereby summarizes GAC Group’s significant events that happened in 2018, helping you review what progresses the automaker made during the past year.

Feb. 6 , 2019
GAC Group gains YoY sales growth of 7.34% in 2018, total sales exceed 2 million units again
GAC Group gains YoY sales growth of 7.34% in 2018, total sales exceed 2 million units again

GAC Group announced a year-on-year (YoY) growth of 7.34% with a total of 2,147,892 vehicles sold in 2018 and most subsidiaries achieved positive growth from the previous year.

Jan. 7 , 2019
CATL-GAC Group joint venture to invest RMB4.226 billion in power battery program
CATL-GAC Group joint venture to invest RMB4.226 billion in power battery program

CATL, a China-based vehicle and energy storage battery maker, announced on December 14 that its board of directors has agreed CATL-GAC Power Battery Co.,Ltd (CATL-GAC) to invest around RMB4.226 billion in a power battery base program.

Dec. 17 , 2018