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Market Chatter: China's GAC Builds First Overseas Plant in Thailand
Chinese automaker Guangzhou Automobile Group's (SHA:601238, HKG:2238) first overseas plant in Thailand, costing 2.3 billion Thai baht, became operational on July 17, Yicai Global reported Thursday.
GAC Leasing to Use Capital From Strategic Investor to Meet Working Capital Needs, Expand Business
GAC Leasing to Use Capital From Strategic Investor to Meet Working Capital Needs, Expand
Guangzhou Automobile: Unit GAC Leasing Seeking to Sell 50% Stake
Guangzhou Automobile: Unit GAC Leasing Seeking to Sell 50%
Guangzhou Automobile Group (02238.HK) spent 15.04 million Hong Kong dollars on July 19th to repurchase 5.25 million shares.
On July 19th, Guangzhou Automobile Group (02238. HK) announced the repurchase of 5.25 million shares for HKD 15.04 million.
Beijing Offers Extra 20,000 EV Quotas in 1st Relaxation of Car Purchase Policy Since 2011
The 20,000 quotas are additional to the original 80,000 quotas and can only be used to purchase purely electric vehicles. For details, please visit CnEVPost.
In the first half of the year, the top ten enterprises in auto sales sold a total of 11.917 million vehicles, accounting for 84.8% of the total auto sales.
From January to June 2024, the top ten automobile companies (groups) in terms of sales volume sold a total of 11.917 million vehicles, accounting for 84.8% of the total automobile sales.