Search Results for "GAC Group"

GAC Group sees YoY growth in 2023 revenue, but annual net profit drops
GAC Group sees YoY growth in 2023 revenue, but annual net profit drops

GAC Group, one of the major automobile groups in China, disclosed its financial performance for the year of 2023, showcasing a year-on-year growth in revenue, but a plunge in net profit.

Apr. 1 , 2024
GAC Group logs 25.24% YoY drop in Jan.-Feb. 2024 auto wholesales, but retail sales still climb
GAC Group logs 25.24% YoY drop in Jan.-Feb. 2024 auto wholesales, but retail sales still climb

GAC Group said its vehicle wholesale volume reached 98,401 units in the second month of 2024, declining 38.96% compared to the prior-year period.

Mar. 8 , 2024
GAC Group sees new energy vehicle wholesales soar 71.83% YoY in Jan. 2024
GAC Group sees new energy vehicle wholesales soar 71.83% YoY in Jan. 2024

GAC Group said its vehicle wholesale volume reached 131,970 units in the first month of 2024, declining 10.18% compared to the prior-year period.

Feb. 18 , 2024
GAC Group launches AION new energy vehicle brand in Hong Kong
GAC Group launches AION new energy vehicle brand in Hong Kong

On January 28, GAC AION held a brand and product launch event in Hong Kong to introduce both the AION new energy vehicle brand and the AION Y Plus model to the local market.

Jan. 30 , 2024
GAC Group to support GAC Hino in NEV transition through equity adjustment
GAC Group to support GAC Hino in NEV transition through equity adjustment

GAC Group, in conjunction with Guangzhou Qingyun New Energy Technology Investment Partnership Enterprise (Limited Partnership), plans to acquire 39.72% and 5.45% equity stakes in GAC Hino, respectively, from Hino Motors.

Jan. 25 , 2024
GAC Group’s OnTime approved to offer passenger-carrying Robotaxi service in Shenzhen
GAC Group’s OnTime approved to offer passenger-carrying Robotaxi service in Shenzhen

OnTime, the ride-hailing platform under GAC Group, has obtained regulatory approval for passenger-carrying autonomous vehicle demonstrations in Shenzhen.

Jan. 23 , 2024
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