Articles Tagged with "GAC Group"

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
GAC Group, Tencent to co-launch intelligent connectivity, mobility service program in June
GAC Group, Tencent to co-launch intelligent connectivity, mobility service program in June

An intelligent connectivity and mobility service program jointly funded by GAC Group, Tencent, Guangzhou Public Transport and other investors will be officially launched in June this year, GAC Group revealed on April 1.

Apr. 2 , 2019
GAC Group posts 1.13% year-on-year growth in 2018 revenue
GAC Group posts 1.13% year-on-year growth in 2018 revenue

GAC Group announced on March 29 that its full-year consolidated revenue in 2018 edged up 1.13% year on year to around RMB72.38 billion and its net profit attributable to shareholders of parent company slightly climb 1.08% over the previous year to RM

Apr. 1 , 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
GAC Group Jan-Oct sales up by 6.99% year on year
GAC Group Jan-Oct sales up by 6.99% year on year

GAC Group announced that its sales in October reached 181,601 units with an apparent year-on-year (YoY) growth of 13.24% and the Jan-Oct sales climbed 6.99% from a year ago to 1,757,068 units.

Nov. 8 , 2018
GAC Group sees net profits climb 10.02% YoY for first nine months
GAC Group sees net profits climb 10.02% YoY for first nine months

GAC Group posted a year-on-year (YoY) growth of 2.79% with its revenues for the first three quarters totaling RMB52.822 billion. Meanwhile, its cumulative net profits attributable to shareholders rose 10.02% over a year ago to RMB9.86 billion.

Oct. 30 , 2018