GAC Group#Isuzu
{{Short description|Chinese state-owned car manufacturer}}
{{Use dmy dates|date=July 2022}}
{{Infobox company
| name = Guangzhou Automobile Group
| logo = GAC Group Logo.png
| type = Public
| traded_as = {{hkex|2238}}, {{sse|601238}}
| genre =
| foundation = {{Start date and age|1948|df=yes}}
| founder =
| location_city = Guangzhou, Guangdong
| location_country = China
| location =
| key_people = Feng Xingya (Chairman)
| area_served = China
| industry = Automotive
| products = {{unbulleted list
| Commercial vehicles
| Passenger cars
| Buses
| Automotive components
}}
| production = 2,100,000 units (2021) {{cite web |url=http://www.autoline.tv/journal/?p=80361 |title=Autoline Daily |access-date=3 March 2022}}
| services = {{unbulleted list
| Vehicle leasing
| After-sale services
| Vehicle finance
}}
| revenue = {{currency|12,964 million|RMB}} (2012){{cite web| url=http://www.hkexnews.hk/listedco/listconews/sehk/2013/0425/LTN201304251350.pdf|title=Annual Report 2012 |year=2012 |access-date=2014-02-18|publisher=Guangzhou Automobile Group Co., Ltd.}}
| operating_income =
| net_income = {{currency|1,134 million|RMB}} (2012)
| num_employees =
| parent = Guangzhou Automobile Industry Group
| divisions =
| subsid = {{unbulleted list
| GAC Aion
| Huawang
}}
| module = {{Infobox Chinese
| s = 广州汽车集团股份有限公司
| t = 廣州汽車集團股份有限公司
| p = Guǎngzhōu Qìchē Jítuán Gǔfèn Yǒuxiàn Gōngsī
| l = Guangzhou Automobile Group Co., Ltd.
| altname = Trading name
| t2 =
| s2 =
| p2 =
| l2 =
| order = st
}}
| owner =
| company_slogan =
| homepage = {{url|https://www.gac.com.cn/en/|gac.com.cn}}
}}
{{Multiple image
| align = right
| direction = vertical
| width = 180
| image1 = GAC Group Logo (2005).png
| caption1 = GAC Group logo
(2005–2010)
| image2 = GAC Group Logo (2010).png
| caption2 = GAC Group logo
(2010–2020)
}}
Guangzhou Automobile Group Co., Ltd. (GAC Group) is a Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong. {{As of|2021}}, it was the fifth largest automobile manufacturer in China, with 2.144 million sales in 2021.
The company produces and sells vehicles under its own branding, such as Trumpchi, Aion, Hyptec, Hycan as well as under foreign-branded joint ventures such as GAC Toyota and GAC Honda. It also produces electric vehicles under some of the previously listed brandings. It produces buses under the GAC Bus brand. Other brand names associated with GAC are Everus, for consumer vehicles, and Hino.
In 2021, GAC was the fourth largest Chinese plug-in electric vehicle manufacturer in the Chinese market, with 4% of market share.{{cite web | url=https://insideevs.com/news/563375/china-plugin-car-sales-december2021/ | title=China Sets Massive Record: 500,000 Plug-In Cars Sold in December 2021 }} It sold 123,660 units of EVs in 2021, and over 20,000 units in March 2022, with plans to double EV production capacity to 400,000 a year by December 2022.{{cite web | url=https://www.electrive.com/2022/01/05/gac-aion-builds-second-plant-with-200000-production-capacity/ | title=GAC Aion builds second plant with 200,000 production capacity | date=5 January 2022 }}{{cite web | url=https://insideevs.com/news/563375/china-plugin-car-sales-december2021/ | title=China Sets Massive Record: 500,000 Plug-In Cars Sold in December 2021 }}{{cite web | url=https://carnewschina.com/2022/04/06/chinese-nev-sales-round-up-march-2022/ | title=Chinese NEV Sales Round-up March 2022 | date=6 April 2022 }}
History
Tongsheng Machining Plant, the predecessor of Guangzhou automobile manufacturing plant, was founded in 1948,[http://www.gaig.com.cn/english/pub/showArchive.jsp?catid=223%7C232 Milestones] {{webarchive|url=https://web.archive.org/web/20110426075918/http://www.gaig.com.cn/english/pub/showArchive.jsp?catid=223%7C232 |date=2011-04-26 }} Guangzhou Automobile Industry Group Official Site and in 2005[http://www.gagc.com.cn/2007/english/group_profile/getArchive.jsp?catid=440%7C444%7C444&hl=en&gl=us&strip=1 Company Profile] {{dead link|date=December 2017|bot=medic}}{{cbignore|bot=medic}} Guangzhou Automobile Group Official Site (Text-only Google cache) become a holding of Guangzhou Automobile Industry Group[https://web.archive.org/web/20090723005111/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=9274701 Guangzhou Automobile Group Co., Ltd.] businessweek.com, Company Snapshot and a joint-stock company.[http://www.gagc.com.cn/english/pub/archive2.jsp?catid=172|176 Home > About us > Company Profile] {{Webarchive|url=https://web.archive.org/web/20120415105207/http://www.gagc.com.cn/english/pub/archive2.jsp?catid=172%7C176 |date=2012-04-15 }} Guangzhou Automobile Group Co Ltd Official Site {{As of|2009}}, it was the 6th-largest automaker in China.{{cite news |url=http://www.chinadaily.com.cn/m/hangzhou/e/2010-01/23/content_9370374.htm |title=HK float for Guangzhou Auto |work=1HangZhou |date=2010-01-23 |access-date=2013-01-13}}
In 2009, the company acquired 29% of the Chinese sport-utility vehicle maker Changfeng Automobile, becoming its biggest shareholder. GAC purchased the remaining portion of Changfeng in 2011 completing its acquisition of the company.{{cite news|url=http://autonews.gasgoo.com/china-news/gac-group-s-application-to-acquire-changfeng-gains-120210.shtml |title=GAC Group's application to acquire Changfeng gains written approval |work=Automotive News |date=February 10, 2012 |agency=gasgoo.com |access-date=June 23, 2012 |author=Lee, Carmen |url-status=dead |archive-url=https://web.archive.org/web/20131202231251/http://autonews.gasgoo.com/china-news/gac-group-s-application-to-acquire-changfeng-gains-120210.shtml |archive-date=December 2, 2013 }}
Previously a backdoor listing via Denway Motors, GAC became listed under its own name on the Stock Exchange of Hong Kong in 2010.{{cite web|url=https://www.wsj.com/articles/SB10001424052748704913304575370352299056516 |title=Denway Motors's Shareholders Approve Share Swap |date=2010-07-16 |author=Joanne Chiu and Norihiko Shirouzu |publisher=The Wall Street Journal }} In that year shareholders of Denway Motors approved its privatization by GAC.{{cite news |url=https://www.reuters.com/article/idUSTOE66F07120100716 |title=Denway Motors gets nod for privatisation |publisher=Reuters.com |date=2010-07-16 |access-date=2010-10-25}} Denway Motors was subsequently delisted on 25 August 2010 and replaced by Guangzhou Automobile Group ({{hkex|2238}}) on 30 August 2010 via stock swap.
In late 2010 GAC purchased 51% ownership of Gonow, a midsize Chinese automaker of sport-utility vehicles, subcompacts, and pickup trucks.
In December 2010 GAC launched the new Trumpchi marque. Its initial product was based on the Alfa Romeo 166.{{cite news|url=http://english.peopledaily.com.cn/90001/90778/90860/7130077.html|title=GAC's first own-brand car|access-date=2012-04-27|publisher=People's Daily|date=2010-09-06}}{{cite news|url=http://www.carnewschina.com/2010/12/20/guangzhou-auto-show-guangzhou-auto-trumpchi-listed-priced/|title=Guangzhou Auto Show: Guangzhou Auto Trumpchi Listed & Priced|access-date=2012-04-27|publisher=Car News China|date=2010-12-20}}
In 2010 GAC was among the ten largest Chinese carmakers{{cite news |url=http://english.people.com.cn/90001/90778/90860/7199051.html |title=Sales surge, but congestion concerns rise |work=people.com.cn |date=2010-11-15 |access-date=2012-04-14}} reaching number six{{cite news |url=http://english.people.com.cn/90001/90778/90860/7130076.html |title=GAC listed after 8-year marathon |work=people.com.cn |date=2010-09-06 |access-date=2012-04-14}} and selling 724,200 vehicles.{{cite news |url=http://www.thetruthaboutcars.com/2011/01/china-car-market-101-who-makes-all-those-18-million-cars/ |title=China Car Market 101: Who Makes All Those 18 Million Cars? |work=thetruthaboutcars.com |date=2011-01-19 |access-date=2012-04-14}}
2011 saw the company retain its position as the sixth-largest Chinese automaker by production volume, with GAC making 740,400 vehicles in that year.{{cite conference |title=2011年前十家乘用车生产企业销量排名 |trans-title=2011 Top Ten Automobile Manufacturers by Sales |publisher=China Association of Automobile Manufacturers (CAAM) |date=2012-01-20 |url=http://www.caam.org.cn/zhengche/20120120/0905067439.html |url-status=dead |archive-url=https://web.archive.org/web/20120820031815/http://www.caam.org.cn/zhengche/20120120/0905067439.html |archive-date=2012-08-20 }}
In early 2012, the company was listed on the Shanghai Stock exchange.{{cite web |url=http://www.chinaeconomicreview.com/node/56914 |title=Guangzhou Auto floats on SSE, completes dual-listing |date=2012-03-30 |publisher=China Economic Review |access-date=2012-08-04 |archive-url=https://web.archive.org/web/20160304062424/http://www.chinaeconomicreview.com/node/56914 |archive-date=2016-03-04 |url-status=dead }}
On 17 November 2023, GAC Group announced the independent development of key technologies, including all-solid-state batteries, cobalt-free batteries, low-cobalt batteries, and sodium-ion batteries. The company aims to achieve the integration of all-solid-state batteries into automobiles by 2026.{{Cite web |title=Chinese automaker GAC aims to use solid-state battery by 2026 |url=https://asia.nikkei.com/Spotlight/Caixin/Chinese-automaker-GAC-aims-to-use-solid-state-battery-by-2026 |access-date=2024-01-07 |website=Nikkei Asia |language=en-GB}}{{Cite web |title=GAC announces all-solid-state battery installation in 2026 |url=https://www.kallanish.com/en/news/power-materials/market-reports/article-details/gac-announces-all-solid-state-battery-installation-in-2026/ |access-date=2024-01-07 |website=www.kallanish.com |language=en}}
In 2023 the company developed the first ammonia powered engine for cars.{{cite web | url=https://newatlas.com/automotive/gac-china-ammonia-engine/ | title=GAC China says it's building "world first" ammonia engine for cars | date=27 June 2023 }}{{cite news | url=https://www.bloomberg.com/news/articles/2023-06-26/china-s-gac-unveils-world-s-first-ammonia-car-engine | title=China's GAC Unveils World's First Ammonia Car Engine | newspaper=Bloomberg | date=26 June 2023 }}
In November 2023, GAC Group and Huawei signed a cooperation agreement that GAC would create a new high-end electric brand in addition to Trumpchi, Aion and Hyptec, both sides will cooperate in product development, marketing and ecological services.{{Cite web |title=重磅官宣，广汽携手华为打造全新高端智能汽车品牌 |url=https://auto.gasgoo.com/news/202411/30I70412122C109.shtml |access-date=2024-11-30 |website=auto.gasgoo.com}}
On November 2, 2024, GAC Group's headquarters moved from the GAC Center in the CBD of Zhujiang New Town to Panyu Auto City.{{cite news |title=广汽总部迁往广州番禺，意味着什么？ |url=https://finance.sina.com.cn/stock/relnews/cn/2024-10-31/doc-incunhzu7095089.shtml |accessdate=2024-11-26 |work=金羊网 |date=2024-10-31}}
In March 2025, GAC Group established Huawang Automotive Technology (Guangzhou) Co., Ltd. (trade as Huawang Automotive). The company will collaborate with Huawei to develop an independent high-end automotive brand. Huawang's new models will incorporate Huawei's intelligent driving software, smart cockpit systems, and intelligent vehicle control solutions.{{Cite web |title=【图】首款产品定位30万级新能源车 广汽与华为合作成立华望汽车_汽车之家 |url=http://www.autohome.com.cn/news/202503/1304777.html |access-date=2025-03-20 |website=www.autohome.com.cn}}
Brands
{{see also|List of GAC vehicles}}
=Trumpchi/GAC=
{{Main|Trumpchi|GAC Motor}}
Trumpchi is an automotive marque owned by GAC Group and launched in December 2010. Trumpchi brand is marketed as GAC outside China. It was launched in December 2010. The Trumpchi brand is operated in Chinese domestic market while it is rebranded as GAC Motor in overseas markets.
File:Trumpchi GS8 II 007.jpg|Trumpchi GS8 II
File:2022 GAC Trumpchi M8.jpg|Trumpchi M8 II
File:2021 GAC Trumpchi Empow (front).jpg|Trumpchi Empow
=Aion=
{{Main|GAC Aion}}
Aion is the mainstream brand of GAC Aion, the subsidiary for electric vehicle of GAC Group. It was founded in 2017 as the GAC New Energy Automobile. Its current name was adopted in November 2020. It produces battery electric vehicles under the eponymous Aion brand and the premium Hyptec brand.
{{As of|2023}}, GAC Aion is the third-largest battery electric vehicle brand after Tesla and BYD Auto, both in China and globally by producing 480,003 vehicles.{{Cite web |date=2024-04-03 |title=Chinese EV maker Aion plans second Southeast Asia plant in Indonesia |url=https://www.scmp.com/business/china-business/article/3257755/chinese-ev-maker-aion-plans-indonesia-plant-vying-against-rivals-byd-slice-promising-southeast-asia |access-date=2024-05-20 |website=South China Morning Post |language=en}}
File:2022 GAC Aion LX Plus (front).jpg|Aion LX
File:2023 GAC Aion S Max front.jpg|Aion S Max
File:Aion V II 001.jpg|Aion V
= Hyptec =
{{Main|Hyptec}}
Hyptec is the premium brand under GAC Aion.The brand was created in September 2022 as Hyper, with a goal to expand GAC Aion's portfolio with a separate premium brand.{{cite web|access-date=2024-02-24 |language=en |title=GAC Aion unveils high-end Hyper marque to go upward |url=https://www.chinadaily.com.cn/a/202209/19/WS6327cb60a310fd2b29e7863f.html}}
Hyptec's first product is the Hyptec SSR hypercar.{{cite web|access-date=2024-02-24 |language=pl |title=Aion Hyper SSR Lokalne zagrożenie |date=3 November 2022 |url=https://autogen.pl/news-5860-aion-hyper-ssr-lokalne-zagrozenie.html}} Production of the SSR began in October 2023.{{cite web|access-date=2024-02-24 |language=en |title=GAC Aion Hyper SSR launched with 1,224 hp. Price starts at 176,400 USD |date=9 October 2023 |url=https://carnewschina.com/2023/10/09/gac-aion-hyper-ssr-launched-with-1224-hp-price-starts-at-176400-usd/}} In 2023, the Hyper lineup was further expanded with a second model, the Hyptec GT sedan, which went on sale in July 2023.{{cite web|access-date=2024-02-24 |language=en |title=GAC Aion unveils Hyper GT, 2nd model of its Hyper brand |date=30 December 2022 |url=https://cnevpost.com/2022/12/30/gac-aion-unveils-hyper-gt/}} In October of the same year, the mid-size SUV coupe Hyptec HT debuted, with sales beginning in the domestic market in November 2023.{{cite web|access-date=2024-02-24 |language=en |title=GAC Aion's Hyper brand unveils HT SUV with gull-wing doors, starting at $30,000 |work=Electrek |date=20 October 2023 |url=https://electrek.co/2023/10/20/gac-aions-hyper-brand-unveils-ht-suv-with-gull-wing-doors-starting-at-30000/ |last1=Doll |first1=Scooter }}{{cite web|access-date=2024-02-24 |language=en |title=GAC Aion Hyper HT launched in China with gull-wing doors. Starts at 29,520 USD |date=15 November 2023 |url=https://carnewschina.com/2023/11/15/gac-aion-hyper-ht-launched-in-china-with-gull-wing-doors-starts-at-29520-usd/}} In August 2024, the brand's English name was changed from Hyper to Hyptec.{{cite web|access-date=2024-08-06 |language=en |title=GAC Aion sub-brand Hyper officially changes English name to Hyptec |date=5 August 2024 |url=https://cnevpost.com/2024/08/05/hyper-changes-english-name-to-hyptec/}}
File:Aion Hyper GT 008.jpg|Hyptec GT
File:Aion Hyptec HL 003.jpg|Hyptec HL
File:Aion Hyper SSR 001.jpg|Hyptec SSR
Former brands
=Changfeng Motor (Leopaard)=
{{Main|Changfeng Motor}}
In 2009, GAC owned 29% ownership of this SUV-maker{{cite news |url=https://www.reuters.com/article/idUSSHA23850620090519 |title=UPDATE 1-Guangzhou Auto to buy into Changfeng Motor |work=reuters.com |date=2009-05-19 |access-date=2012-04-14 |author1= Fang Yan |author2=Edmund Klamann}}{{cite news |url=https://www.reuters.com/article/idUSSHA28311020091110 |title=UPDATE 2-Changan Auto claims China's No.3 spot with AVIC deal |work=reuters.com |date=2009-11-10 |access-date=2012-04-14 |author1=Fang Yan |author2=Jacqueline Wong}} a purchase supposedly imposed by the Chinese state as a condition of a then-upcoming joint venture with Fiat.{{cite news |title=Mainland carmakers to merge with rivals and stop overcapacity |first=Kandy |last=Wong |work=South China Morning Post |location=Hong Kong |date=2010-01-30}} GAC completed its acquisition of Changfeng in 2011. In 2012 Changfeng Group began moves to re-enter the vehicle business culminating in the move to a new headquarters in Changsha in January 2013 and the establishment of a new subsidiary, Hunan Liebao Automobile Co. Ltd., alongside the continuing Anhui Changfeng Yangzi Automobile Manufacturing Co., Ltd., to oversee manufacturing and marketing of vehicles under the Liebao or "Leopaard" brand.{{cite web |url=http://www.leopaard.com/en/ |title=LieBao Vehicle official website |access-date=4 October 2018 |archive-date=11 August 2020 |archive-url=https://web.archive.org/web/20200811010801/https://www.leopaard.com/en/ |url-status=dead }}
File:Leopaard CS3 BEV 001.jpg|Leopaard CS3 BEV
File:Leopaard CS9 001.jpg|Leopaard CS9
File:Leopaard Mattu.jpg|Leopaard Mattu
=Gonow=
{{Main|Gonow}}
Gonow (officially Zhejiang Gonow Auto Co., Ltd.) is a Chinese manufacturer of automobiles, commercial vehicles and SUV's headquartered in Taizhou, Zhejiang and a subsidiary of GAC Group. It markets its products under the brand name GAC Gonow in China and as Gonow in other markets.
File:Gonow Emei 2 China 2015-04-06.jpg|Gonow Emei
File:Gonow Aoosed G5 01 China 2015-04-10.jpg|Gonow G5
File:GAC Gonow Way 1000 2015 (19003365221).jpg|Gonow Way M1
Joint venture brands
=GAC Honda=
{{Main|GAC Honda}}
Guangqi Honda is a 50:50 joint venture between GAC and Honda,{{cite news |url=https://www.reuters.com/article/idUSHKG30646520091123 |title=China's Guangqi Honda at 95 pct of 2009 sales target |work=reuters.com |first=Alison |last=Leung |date=2009-11-22 |access-date=2013-01-13}} which has been making a number of Honda and Acura-branded vehicles for the Chinese market since 1999. It started sales of its own brand, Everus in 2011.{{cite news |url=https://www.reuters.com/article/idUSTOE6BG01220101217 |title=Honda targets China sales of 730,000 units in 2011 |work=reuters.com |first=Chang-Ran |last=Kim |date=2010-12-17 |access-date=2013-01-13}}
File:Everus S1 facelift 01 China 2014-04-15.jpg|Everus S1 (facelift)
File:Everus VE-1 001.jpg|Everus VE-1 EV
= GAC Wuyang-Honda =
Wuyang-Honda markets Honda Motorcycles for the Chinese market.{{Cite web|title=五羊-本田摩托（广州）有限公司|url=https://www.wuyang-honda.com/|access-date=2021-08-30|website=www.wuyang-honda.com}}
=GAC Toyota=
{{main|GAC Toyota}}
GAC Toyota Motor Co., Ltd. is a 50:50 joint venture between GAC and Toyota Motor Company which manufactures Toyota vehicles for the Chinese market. It was founded in 2004 and is headquartered in Guangzhou.{{cite news|url=http://www.chinaautoreview.com/pub/CARArticle.aspx?ID=6439|title=GAC-Toyota rolls off one millionth car in China|access-date=2012-04-12|publisher=China Automotive Review|date=2011-09-08}}
= GAC Hino =
{{Main|GAC Hino}}
GAC Hino is a joint venture between Hino and GAC aimed at producing Hino-based trucks.
Former joint ventures
=Guangzhou Isuzu=
Guangzhou Isuzu Bus Co., Ltd. was a coach manufacturing joint venture between GAC (51%), Isuzu (33.67%) and Isuzu (China) Investment Co., Ltd. (15.33%) that was established on 6 March 2000.{{cite web|url=http://www.gagc.com.cn/english/about/underling_p.jsp?catid=172 |title=Guangzhou Isuzu Bus Co., Ltd. |access-date=2012-04-12 |publisher=GAC Group }} {{dead link|date=January 2017 |bot=InternetArchiveBot |fix-attempted=yes }} Isuzu light trucks and buses were also built by Guangzhou Yangcheng Automobile ({{lang|zh|羊城汽车}}), a joint venture with Hong Kong China Lounge Logistics. Their light trucks are based on the Isuzu Elf and are marketed under the "YCACO" brand. Yangcheng's various bus building operations were merged with Guangzhou Isuzu Bus and Denway into the Guangzhou Bus Co., Ltd. in September 2008.{{cite journal | url = http://www.china.org.cn/business/2008-09/18/content_16497147.htm | date = 2008-09-18 | title = Guangzhou Auto's bus company unveiled | journal = China Daily | access-date = 2014-01-08 }} At the same time, Guangzhou Yangcheng's truck making arm was merged into Guangzhou Hino.
{{gallery
|File:Ycaco YC1045CSZ.jpg|Ycaco YC1045CSZ
|}}
=Guangzhou Peugeot=
{{main|Guangzhou Peugeot Automobile Company}}
One of the first Sino-western joint venture auto-making companies,[https://books.google.com/books?id=Oej72nssLcUC&dq=%22Guangzhou%20Automobile%22&pg=PA137 Changing lanes in China: foreign direct investment, local government, and auto sector development (page 137)] Eric Thun. Cambridge University Press, 2006. 326 pages. Guangzhou Peugeot Automobile Co. Ltd. was a joint venture set up by PSA Peugeot Citroën and the Guangzhou Municipal government between 1985[https://books.google.com/books?id=IFWY9J9QwLsC&dq=Guangzhou%20Automobile%20Group&pg=PA78 China CEO: a case guide for business leaders in China (page 78)] Juan Antonio Fernandez, Liu Shengjun. John Wiley and Sons, 2007. 286 pages. and 1997. Over its eleven-year lifespan, the company produced about 100,000 cars.[https://books.google.com/books?id=IFWY9J9QwLsC&dq=Guangzhou%20Automobile%20Group&pg=PA86 China CEO: a case guide for business leaders in China (page 86)] Juan Antonio Fernandez, Liu Shengjun. John Wiley and Sons, 2007. 286 pages.
Sales began in 1989 mainly as automobiles for government officials and taxis.[https://books.google.com/books?id=IFWY9J9QwLsC&dq=Guangzhou%20Automobile%20Group&pg=PA79 Fernandez and Liu, p. 79] Its model line comprised the Peugeot 505 and 504.[https://books.google.com/books?id=Oej72nssLcUC&dq=%22Guangzhou%20Automobile%22&pg=PA138 Changing lanes in China: foreign direct investment, local government, and auto sector development (page 138)] Eric Thun. Cambridge University Press, 2006. 326 pages.
{{gallery
|File:Peugeot 504 truck (2).jpg|A crew cab Peugeot 504 pickup produced by Guangzhou Peugeot
|}}
=GAC Fiat Chrysler=
{{main|GAC Fiat Chrysler}}
Fiat signed on to a joint venture with GAC on 6 July 2009,{{cite web |date=2012-04-03 |title=广汽菲亚特 |trans-title=Guangzhou Automobile Fiat |url=http://www.gacfiatauto.com/ |url-status=dead |archive-url=https://web.archive.org/web/20120421034428/http://www.gacfiatauto.com/ |archive-date=2012-04-21 |access-date=2012-04-13 |publisher=Gacfiatauto.com}}{{cite news |last=Rowley |first=Ian |date=2009-07-07 |title=Fiat Focuses on China |work=businessweek.com |url=http://www.businessweek.com/globalbiz/content/jul2009/gb2009077_696269.htm|archive-url=https://web.archive.org/web/20090710103923/http://www.businessweek.com/globalbiz/content/jul2009/gb2009077_696269.htm|url-status=dead|archive-date=10 July 2009}} and GAC FIAT Automobiles Co Ltd was incorporated on 9 March 2010.[http://www.gacfiatauto.com/website/recof/cominfo_jsp_catid_324_325_333.html Company Profile] {{webarchive|url=https://web.archive.org/web/20120322210940/http://www.gacfiatauto.com/website/recof/cominfo_jsp_catid_324_325_333.html|date=2012-03-22}} GAC Fiat Official Site The new company has a production base in Changsha, Hunan Province,{{cite news |last=Han |first=Tianyang |date=2009-11-30 |title=GAC-Fiat ceremony heralds joint venture |work=China Daily |url=http://www.chinadaily.com.cn/bw/2009-11/30/content_9074421.htm |access-date=2016-08-12}} that opened on 28 June 2012{{cite web |date=2012-06-28 |title=Fiat opens new Chinese plant to produce Viaggio |url=http://www.msnbc.msn.com/id/47991158/ns/business-autos/t/fiat-opens-new-chinese-plant-produce-viaggio/#.T_yr9o4n8rg |access-date=2012-07-10 |work=MSNBC}}{{dead link|date=August 2024|bot=medic}}{{cbignore|bot=medic}} to manufacture the Fiat Viaggio.{{cite web |date=April 2012 |title=2013 Fiat Viaggio |url=http://www.caranddriver.com/news/2013-fiat-viaggio-auto-shows |access-date=2012-07-10 |work=Car and Driver}}
=GAC Mitsubishi=
{{main|GAC Mitsubishi}}
GAC Mitsubishi Motors is a joint venture between GAC and the Japanese automaker Mitsubishi Motors. It became operational in September 2012 following a late 2010 memorandum of understanding.For start of operations, see {{cite web | url=http://www.mitsubishi-motors.com/publish/pressrelease_en/corporate/2013/news/detail0896.html | title=Production and Sales of Pajero Sport Midsize SUV Begins in China | publisher=Mitsubishi Motors | work=Press Release | date=September 30, 2013 | access-date=10 October 2013 | archive-date=11 November 2022 | archive-url=https://web.archive.org/web/20221111135052/https://www.mitsubishi-motors.com/publish/pressrelease_en/corporate/2013/news/detail0896.html | url-status=dead }}
- For 2010 MoU, see {{cite news |url=http://chinaautoweb.com/2010/11/mitsubishi-gac-sign-joint-venture-asx-suv/ |title=Mitsubishi, GAC Sign Joint Venture MOU, to Build ASX Compact SUV |publisher=ChinaAutoWeb.com }}
= GAC BYD =
GAC BYD is a joint venture between GAC (49%) and BYD (51%) to produce BYD-designed buses under GAC's brand name.{{Cite web|date=2013-11-26|title=BYD, GAC to form EV joint venture|url=https://www.autonews.com/china/byd-gac-form-ev-joint-venture|access-date=2021-08-30|website=Automotive News|language=en}}{{Cite web|title=GB Bus Official Website|url=https://www.gb-bus.com/|access-date=30 August 2021|archive-date=15 October 2021|archive-url=https://web.archive.org/web/20211015060843/https://www.gb-bus.com/|url-status=dead}}
Sales
International operations
GAC Group has been vocal about its plans to introduce models into the United States.{{Cite news|last=Spring|first=Jake|date=2017-04-22|title=Eyeing U.S. market, Chinese automaker may change Trumpchi brand name|language=en|work=Reuters|url=https://www.reuters.com/article/us-autoshow-shanghai-trumpchi-idUSKBN17M1TV|access-date=2021-08-30}} Trumpchi made its first appearance at the North American International Auto Show in Detroit in January 2013, where the Trumpchi E-Jet concept made its world debut.{{cite news|date=17 January 2013|title=2013 Detroit Auto Show: Chinese Auto Giant GAC Is Showing Its Own Cars, Albeit On The Fringes|work=International Business Times|url=http://www.ibtimes.com/2013-detroit-auto-show-chinese-auto-giant-gac-showing-its-own-cars-albeit-fringes-photos-1020182|access-date=18 January 2013}} In 2017, the company returned to Detroit and showed three SUVs and two sedans. In January 2018, Trumpchi brought five new models and a concept SUV, the Enverge.{{cite news|date=16 January 2013|title=China's GAC Group brings E-jet Concept, and bad translation, to Cobo|publisher=Auto Blog|url=http://www.autoblog.com/2013/01/16/gac-group-concepts-detroit-2013/|access-date=18 January 2013}} GAC established research and development teams in Silicon Valley and Los Angeles in 2017 and 2018, respectively.{{cite web|date=2018-11-08|title=GAC Motor enters PH market with five strong nameplates|url=https://www.autodeal.com.ph/articles/car-features/gac-motor-enters-ph-market-five-strong-nameplates|access-date=2019-06-03|website=AutoDeal.com.ph}} During the 2019 Detroit Auto Show they announced delays to their sales plans to the first half of 2020.{{Cite web|last=LeBeau|first=Phil|date=2019-01-14|title=Chinese automaker GAC motor delays plans to sell in US until 2020|url=https://www.cnbc.com/2019/01/14/chinese-automaker-gac-motor-delays-plans-to-sell-in-us-until-2020.html|access-date=2019-12-21|website=CNBC|language=en}} On 22 May 2019, the company indefinitely postponed their US market plans due to Donald Trump's trade war with China.{{Cite web|date=2019-05-22|title=China's GAC Motor delays U.S. entry on trade frictions|url=https://www.autonews.com/retail/chinas-gac-motor-delays-us-entry-trade-frictions|access-date=2019-12-21|website=Automotive News|language=en}}
On 15 May 2015, GAC Group launched a ceremony to celebrate the opening of its Lebanese office under
Bazerji Motors SAL.{{cite web | url=https://gulfnewsjournal.com/stories/510547467-gac-motor-celebrates-entry-into-lebanon-market | title=GAC MOTOR celebrates entry into Lebanon market }}{{cite press release | url=https://www.businesswire.com/news/home/20150528006402/en/Launching-Ceremony-of-GAC-MOTOR-With-Trumpchi-Vehicles-Successfully-Held-in-Lebanon-Speeding-up-Pace-of-Overseas-Expansion | title=Launching Ceremony of GAC MOTOR with Trumpchi Vehicles Successfully Held in Lebanon, Speeding up Pace of Overseas Expansion | date=28 May 2015 }} On 29 May 2015, GAC Group partnered with Doha Marketing and Services Company (DOMASCO), to market and sell their vehicles to the local customers in the Middle East.{{Cite web|date=2015-05-29|title=Launch Ceremony of GAC MOTOR in Qatar, Targeting the Middle East as Key Market|url=https://www.businesswire.com/news/home/20150528006282/en/Launch-Ceremony-GAC-MOTOR-Qatar-Targeting-Middle|access-date=2019-12-21|website=www.businesswire.com|language=en}}
On 20 November 2020, GAC Group established a branch in Chile.{{cite web | url=https://www.gac-motor.com/index.php/en/media/newsdetail/id/215.html | title=Guangzhou Automobile Group MOTOR Co., Ltd }}
Sponsorships
GAC was the sponsor of the 2011 World Table Tennis Championships held in Rotterdam and the title sponsor of the 2012 ITTF World Tour.{{cite news|url=http://www.sportspromedia.com/news/gac_group_deepens_table_tennis_commitment/|title=GAC Group deepens table tennis commitment|access-date=2012-05-17|publisher=SportsPro|date=2012-05-14}}
GAC was the title sponsor of the 2013 World Team Cup Table Tennis tournament held in its home city of Guangzhou.
See also
References
{{Reflist|2}}
External links
{{commons cat}}
- {{official website}}
{{GAC Group}}
{{Automotive industry in the People's Republic of China}}
{{authority control}}
Category:Companies formerly in the Hang Seng China Enterprises Index
Category:Companies listed on the Hong Kong Stock Exchange
Category:Companies listed on the Shanghai Stock Exchange
Category:Vehicle manufacturing companies established in 1955
Category:Government-owned companies of China
Category:Car manufacturers of China
Category:Electric vehicle manufacturers of China
Category:Chinese companies established in 1955