Published on December 29th, 2017 | by Daniel Sherman Fernandez0
WHO is GAC Motors? Have You Heard Of Them?
GAC Motor in China and in its new markets has sold more than 460,000 vehicles from January to November in 2017, which is a 38.9% year-on-year increase, while establishing sales and services networks in 14 countries supported by top global suppliers, covering the Middle East, Southeast Asia, Eastern Europe, Africa and North America.
Founded in 2008, Guangzhou Automobile Group Motor CO., LTD (GAC Motor) is a subsidiary of GAC Group that develops and manufactures premium quality vehicles, engines, components and auto accessories, achieving a year-to-year growth rate of 965 in 2016, the highest among all Chinese brands in the corresponding period. GAC Motor now ranks the highest among all Chinese brands for five consecutive years in J.D. Power Asia Pacific’s 2017 China Initial Quality StudySM (IQS). The company aims to form a production capacity of 500,000 vehicles by 2017 and of 1,000,000 vehicles by 2020.