A Chinese partner of Japanese companies Toyota and Honda,[2] GAIG owns Chinese production bases that churn out Chinese-market versions of the Japanese carmakers' models,[citation needed] which sell well in Southern China as of 2010.[2].

[citation needed], Formerly the Guangzhou Automobile Industry Group Company, it was renamed in 2005.

GAC New Energy produces their own EV brand, Aion, and sells the EV and PHEV Trumpchi models. GAC Business will continue its course towards its strategic target of becoming an Integrated International Business Services Group. The company has ownership in a number of Chinese automakers; an incomplete list of GAIG holdings follows.

It has blazed a development path of “high-end focused, quality-first and innovation-driven” with its development speed and profit level being among the best for Chinese brands, so as to achieve the company ambition of “building a world-class brand and a global company”. Main forces in the business and trade services module.

As of 2007, this equally owned (50/50)[12] joint venture was based in Guangzhou, Guangdong province, and produced a Chinese-market Camry. Subsidiaries: GAC Group Denway Motors: Website: Guangzhou Automobile Group Company Limited: A Chinese partner of Japanese companies Toyota and Honda, GAIG owns Chinese production bases that churn out Chinese-market versions of the Japanese carmakers' models, [citation needed] which sell well in Southern China as of 2010. [10], In 2007, GAIG began putting in motion plans to sell automobiles under its own brand and to further this goal had acquired a controlling share in an R&D center at South China University of Technology. [6], Cars selling under the first car brand exclusive to GAIG, Trumpchi, went on offer in 2011.

[22], Guangzhou Automobile Group Company Limited, BAIC invests $736 mln to restructure Baolong's production base, "New Models from the 2010 Guangzhou Auto Show (1): GAC Trumpchi", "2011 sales of Trumpchi below expectations", "New GAC SUV to make market debut next year", China's Guangqi Honda at 95 pct of 2009 sales target, "Fiat opens new Chinese plant to produce Viaggio", China Evergrande New Energy Vehicle Group, China Association of Automobile Manufacturers, https://en.wikipedia.org/w/index.php?title=Guangzhou_Automobile_Industry_Group&oldid=955663438, Companies formerly in the Hang Seng China Enterprises Index, Manufacturing companies based in Guangzhou, Vehicle manufacturing companies established in 2000, Articles with dead external links from November 2019, Articles containing simplified Chinese-language text, Articles with unsourced statements from July 2017, Articles with unsourced statements from December 2010, All articles with specifically marked weasel-worded phrases, Articles with specifically marked weasel-worded phrases from July 2017, Articles with unsourced statements from February 2010, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 May 2020, at 02:25. [11] The goal of self-branded sales was also brought up on the company's website in 2010. As the important carrier of implementing the project of GAC's owned brand passenger car, GAC Motor Co., Ltd. (GAC MOTOR) is dedicated to the development, manufacture and sales of its proprietary brand of automobiles as well as spare parts and automotive supplies that will feature world-class quality.

[7] The car went on sale in 2011,[8] but the first six months of sales disappointed. Subsidiaries fully controlled by GAC Group [11], Guangzhou Automobile Group Co Ltd (SEHK: 2238) was founded in 1997,[5] and by 2005[13] it had become a holding of GAIG. Guangzhou Automobile Industry Group Co Ltd (GAIG, Chinese: 广州汽车工业集团)[1] is a Chinese state-owned joint stock[citation needed] holding company that owns several Chinese automakers.

It subsidiary companies managed to manufacture more than 650,600 units in 2011 placing the company as the 6th most-productive on the domestic market. [9], A Trumpchi-branded SUV will be added to the model line in April 2012. GAC Business is a leading automobile solution provider to establish- the first -Auto 4S dealers in China, CHAC NO.1 Dealer. Today, GAC Business has become a large comprehensive state-owned trade business with auto trade as its major business, accompanied with multiple investments. GAC MOTOR Co., Ltd. (hereafter referred to as “GAC MOTOR”) is a wholly-owned subsidiary of Guangzhou Automobile Group Co., Ltd. As a national high-tech enterprise established on July 21, 2008, GAC MOTOR is devoted to the production and sales of world-class vehicles, engines, auto parts and car accessories as well as R&D of automobile engineering technology.

Since 1956, GAC has grown to become one of the largest integrated providers of shipping, logistics and marine-related services on the planet. have a joint venture with Johnson Controls, which should have started production in 2010[3] although the latter company's Chinese partner may be Guangzhou Automobile Group instead. Our complete suite of integrated services Today, GAC employs over 9,000 professionals, operates 300 offices in more than 50 countries and works with trusted partners to cover over 1,000 locations worldwide. With extensions to top brands such as Lexus and Acura, the GAC Business has an automobile sales and service system with 75 dealers all over China.

[14] As of 2009, it is the 6th largest automaker in China.[15]. [19] The new company has a production base in Changsha, Hunan Province,[20] that opened on 28 June 2012[21] to manufacture the Dodge Dart-based Fiat Viaggio. The GAC Group is a privately-owned company, specialising in the delivery of high quality shipping, logistics and marine services to customers worldwide.

Emphasising a long-term approach, innovation, ethics and a strong human touch, GAC delivers a flexible and value-adding portfolio to help you achieve your strategic goals. Copyright 2015 GAC Motor Co., Ltd. (GAC MOTOR). [4], Born during a reconstruction of the Guangzhou automotive industry in 2000,[5] GAIG receives considerable support from the governments of Guangdong province and Guangzhou city. With a registered capital of CNY3.24 billion, a total asset of CNY18.5billion, 92 subsidiaries and a workforce of over 11,000 employees, GAC Business's revenue reached CNY 24 billion in 2016. Since then, GAC Business has been developing to be the brand model dealers for whole series passenger automobiles of GAC Group. A joint venture between GAIG subsidiary Guangzhou Automobile Group and Honda,[16] it makes Honda-branded autos for the Chinese market. In the future, in line with the 13th Five Year Plan for Economic and Social Development strategy, and powered with creativity, GAC Business will grab the chance and opportunity to develop to the leading position in auto sales and aftermarket business, and conduct more in depth studies into the service area for integrating people, automobile and life.

GAC Business Co., Ltd. (hereinafter referred to as "GAC Business") is a fully-owned subsidiary of Guangzhou Automobile Group Co. Ltd. (hereinafter referred to as “GAC Group”), a Fortune 500 company, founded in March, 2000. GAC Business Co., Ltd. (hereinafter referred to as "GAC Business") is a fully-owned subsidiary of Guangzhou Automobile Group Co. Ltd. (hereinafter referred to as “GAC Group”), a Fortune 500 company, founded in March, 2000. The GAC New Energy Automobile Co., Ltd. (GAC NE) is the NEV arm of GAC. GAC Business was awarded "the 2015 Top Hundred Auto Dealer of China" and "the 2015 Top Hundred Auto Dealer of Guangdong", and becomes the Organization with "Vice-Chairman of the Guangdong Auto Industry Association", and "the first batch of Test Units for Parallel Import in the Guangdong Nansha Free Trade Zone". It may[according to whom?]

The sole[citation needed] model is a sedan. [1], The Chinese State may have been an early driving force behind GAIG own-brand efforts.[11]. Since its establishment, GAC MOTOR has adopted a global vision and adhered to international standards, forming a world-class car manufacturing system with GAC global R&D network, world-class production mode, global supply chain system and GAC marketing approach as its core.

With the development in the automobile industry and value added service, GAC Business combines with research & development, vehicle and component sectors with logistics distribution and production support, which shows the advantages in the auto aftermarket, such as travel service, auto consumables, finance lease and used-car trading services, in the meantime, GAC Business has made a great effort in the international trading business, such as automobile overseas sales and parallel import, and import and export of components. GAC Changfeng Motor Co Ltd is a Chinese automobile manufacturer wholly owned by GAC Group but which originated as a branch of the People's Liberation Army.Changfeng produced mainly light trucks, and as of 2008 the majority of their sales had been to the Chinese state. Fiat signed on to a joint venture with GAC on 6 July 2009,[17][18] and GAC FIAT Automobiles Co Ltd was incorporated on 9 March 2010. With a registered capital of RMB 3.24 billion and a total asset of RMB 26.8 billion, GAC Business has become a large comprehensive state-owned trade business with auto trade as its major business, covering auto sales and after-market services, logistics services, leasing services, supporting services and international trade. GAC MOTOR Co., Ltd. (hereafter referred to as “GAC MOTOR”) is a wholly-owned subsidiary of Guangzhou Automobile Group Co., Ltd., Ltd. As a national high-tech enterprise established on July 21, 2008, GAC MOTOR is devoted to the production and sales of world-class vehicles, engines, auto parts and car accessories as well as R&D of automobile engineering technology. GAC MOTOR Co., Ltd. (hereafter referred to as “GAC MOTOR”) is a wholly-owned subsidiary of Guangzhou Automobile Group Co., Ltd., Ltd. As a national high-tech enterprise established on July 21, 2008, GAC MOTOR is devoted to the production and sales of world-class vehicles, engines, auto parts and car accessories as well as R&D of automobile engineering technology.

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