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Chinese automaker GAC Group targets sales of 500,000 vehicles overseas by 2030
Guangzhou Automobile Group Co., Ltd. (GAC Group, 601238.SH) aims to sell 500,000 vehicles overseas by 2030, said Feng Xingya, general manager of GAC Group, in a recent interview with China Securities Journal.
April09,2024
Stellantis to move in China and become the majority shareholder in the JV with GAC
Stellantis aims to reach 20 billion euros net revenues in China, with a margin of 8%, by 2030. This is what emerged from the Dare Forward 2030 plan presented today by Carlos Tavares, which among other things aims at doubling global revenues to 300 billion euros by the end of the decade.
March04,2022
GAC Group posts steady growth in auto production, sales
Chinese automaker Guangzhou Automobile Group Co., Ltd. (GAC Group) reported robust growths in auto production and sales for 10 consecutive months since July 2020, the Xinhua-run China Securities Journal reported on Friday.
May08,2021
GAC Group plans to produce and sell 3.5mln vehicles during 14th Five-Year Plan period
Guangzhou Automobile Group Co., Ltd. (GAC Group) announced late Thursday that it aims to produce and sell 3.5 million units of vehicles during the 14th Five-Year Plan period (2021-2025). The number of new energy vehicles (NEVs) is expected to take up over one fifth of the total.
November20,2020
China Post, GAC Group ink strategic cooperation framework agreement
China Post Group Corporation Limited (China Post) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed a strategic cooperation framework agreement on Monday, aiming to better promote the sustainable and healthy development of both sides.
September01,2020
GAC Group unveils new electric passenger vehicle at Guangzhou Int'l Auto Exhibition
Chinese automaker Guangzhou Automobile Group Co.,Ltd (GAC Group) has unveiled its new electric passenger car ENO.146 at the 17th China Guangzhou International Automobile Exhibition held in Guangzhou, capital of south China's Guangdong Province from Nov. 22 to Dec. 1.
November26,2019
Guangzhou Automobile sees 4.4 pct sales decline in Q1
Chinese automaker Guangzhou Automobile Group Co. Ltd. (GAC Group) posted a 4.4 percent decline in auto sales in the first quarter of 2019, mainly dragged down by a plunge in SUV sales.
April10,2019
GAC, Tencent join hands to launch mobility program in June
Chinese automaker Guangzhou Automobile Group Co (GAC Group) will continue its efforts to step up the layout of its mobility program, which is scheduled to be launched in Juan this year.
April02,2019
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