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Guangzhou Automobile Group Co

The Chinese Guangzhou Automobile Group Motor Co. (GAC Motor, part of GAC Group) may build a plant to produce light commercial vehicles (LCV) in the Leningrad Region, a source in the car building industry told Interfax. He did not uncover any details. The Chinese producers are interested in an opportunity to place the production in the region, Deputy Chairman of the regional government Dmitry Yalov confirmed. According to him, negotiations are being conducted with one of them. The official did not mention the name of the company. GAC Motor is looking for a site for production location, a representative of the Fedorovskoye industrial park said. 

24 October 2016
Vedomosti

A unit of Chinese car maker Guangzhou Automobile Group Co. is considering building its first foreign car plant in Russia.

Wu Song, director and general manager of GAC Motor Co., a division of Guangzhou Auto that produces the group’s own brand, said that a decision whether to build the plant will be made this year. The plant would begin with annual assembly of fewer than 50,000 cars to be assembled from kits.

State-owned Guangzhou Auto is China’s sixth largest car maker in terms of sales. According to Guangzhou Auto’s statement to the Shanghai Stock Exchange, the group sold 1.17 million vehicles last year, up 17% from a year earlier.

11 January 2015
The Wall Street Journal
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Investor profile

Guangzhou Automobile Group Co

China

Company's website: www.gaig.com.cn

T: 86-20-83151380, 83151141

Contact: Mr. Zhang Fangyou, Chairman

Chinese automobile maker headquartered in Guangzhou, a subsidiary of Guangzhou Automobile Industry Group.

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