Company type | State-owned enterprise |
---|---|
Industry | Automobile |
Founded | 2000 |
Headquarters | , China |
Area served | China |
Key people | Chairman: Zeng Qinghong [1] |
Revenue | 364,053,630,000 renminbi (2018) |
Subsidiaries |
GAC Group Denway Motors |
Website | Guangzhou Automobile Group Company Limited |
Guangzhou Automobile Industry Group Co Ltd (GAIG, Chinese: 广州汽车工业集团) [2] is a Chinese state-owned joint stock[ citation needed] holding company that owns several Chinese automakers.
A Chinese partner of Japanese companies Toyota and Honda, [3] GAIG owns Chinese production bases that produce Chinese-market versions of the Japanese carmakers' models,[ citation needed] which sell well in Southern China as of 2010. [3]
Born during a reconstruction of the Guangzhou automotive industry in 2000, [4] GAIG receives considerable support from the governments of Guangdong province and Guangzhou city.[ citation needed]
Formerly the Guangzhou Automobile Industry Group Company, it was renamed in 2003. [5]
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]
By 2010, it was selling its own vehicles under the GAC Trumpchi brand.
The company has ownership in a number of Chinese automakers.
Guangzhou Automobile Group Co Ltd ( SEHK: 2238) was founded in 1997, [4] and by 2005 [7] it had become a holding of GAIG. [8] As of 2009, it is the 6th largest automaker in China. [9]
Company type | State-owned enterprise |
---|---|
Industry | Automobile |
Founded | 2000 |
Headquarters | , China |
Area served | China |
Key people | Chairman: Zeng Qinghong [1] |
Revenue | 364,053,630,000 renminbi (2018) |
Subsidiaries |
GAC Group Denway Motors |
Website | Guangzhou Automobile Group Company Limited |
Guangzhou Automobile Industry Group Co Ltd (GAIG, Chinese: 广州汽车工业集团) [2] is a Chinese state-owned joint stock[ citation needed] holding company that owns several Chinese automakers.
A Chinese partner of Japanese companies Toyota and Honda, [3] GAIG owns Chinese production bases that produce Chinese-market versions of the Japanese carmakers' models,[ citation needed] which sell well in Southern China as of 2010. [3]
Born during a reconstruction of the Guangzhou automotive industry in 2000, [4] GAIG receives considerable support from the governments of Guangdong province and Guangzhou city.[ citation needed]
Formerly the Guangzhou Automobile Industry Group Company, it was renamed in 2003. [5]
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]
By 2010, it was selling its own vehicles under the GAC Trumpchi brand.
The company has ownership in a number of Chinese automakers.
Guangzhou Automobile Group Co Ltd ( SEHK: 2238) was founded in 1997, [4] and by 2005 [7] it had become a holding of GAIG. [8] As of 2009, it is the 6th largest automaker in China. [9]