Guangzhou Automobile Group (GAC Group)
Guangzhou Automobile Group Co., Ltd. (abbreviated as GAC group, 6601238.SH,02238.HK) is headquartered in Zhujiang New Town, Tianhe District, Guangzhou city. At present, it has about 103000 employees, ranking 189th among the world's top 500 enterprises in 2019. Adhering to the enterprise concept of " Humanity, Credibility, Creativity", GAC has provided about 16.3 million cars and 16 million motorcycles to the society by 2019.
With business covering vehicle (cars and motorcycles) and parts R&D, manufacturing, commerce and trade services, and auto finance, GAC Group has insisted on the common development of joint venture cooperation and independent innovation and has become one of the automobile groups with the most complete industry chain in China. It is also the first enterprise group in the automobile industry in China that has obtained a number of financial licenses including insurance, insurance brokerage, auto finance, financial leasing and financial services.
At present, GAC Group has dozens of well-known enterprises and R&D institutions including GAC Honda, GAC Toyota, GAC Motor, GAC New Energy, GAC R&D Center, GAC Fiat Chrysler and GAC Mitsubishi. In the vehicle core business segment, a steady development pattern of tripartite confrontation of independent brand, Japanese joint venture and Europe and US joint venture has formed.
SOURCE:GAC MOTOR
Editor :Rebecca Cai (WeChat:autochinarebecca)
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