Beijing: The first-ever purchase of a private carmaker by a State-owned auto group last month saw Guangzhou Automobile Group Co (GAC), China's sixth-largest auto producer by sales, acquire a small ...
Guangzhou Automobile Group Co (GAC) signed a cooperation agreement with private automaker Gonow Auto Thursday and purchased shares of Gonow valued at 6 billion yuan ($901 million). GAC takes 51 ...
BEIJING-- Guangzhou Automobile Industry Group Co. has acquired a 51 stake in Gonow Auto Co., a small automaker located in east China's Zhejiang province. A private-owned company, Gonow Auto currently ...
The Aoxuan G5, developed by GAC Gonow, makes debut in Dongying Chinese automaker GAC Gonow Auto (GAC Gonow) established a branch in Dongying, East China’s Shandong province on April 12. On the same ...
Guangzhou Automobile Group and its local joint venture partner Gonow Auto plant to invest CNY6bn (US$902m) to increase annual production capacity at Gonow by 67%, media reported. Reuters said ...
Zhejiang Gonow Auto, a minor manufacturer of vehicles in China, plans to invest $10 million in South Africa to set up an assembly plant by 2013, Business Report said today. The Chinese automaker has ...
China's Guangzhou Automobile Industry Group is close to a deal to restructure minivan maker Zhejiang Gonow Automobile Co, China Youth Daily reported yesterday, citing the chairman of the smaller rival ...