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11 Facts About GAC Group

1.

GAC Group is currently known for its Honda-branded auto producing joint venture with this Japanese automaker, but the company has a total of five foreign partners—more than most Chinese automakers.

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2.

GAC Group purchased the remaining portion of Changfeng in 2011 completing its acquisition of the company.

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3.

Previously a backdoor listing via Denway Motors, GAC Group became listed under its own name on the Stock Exchange of Hong Kong in 2010.

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4.

In early 2021, GAC Group took a controlling stake in the company, diluting Nio's share to 4.

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5.

In 2012 Changfeng GAC Group began moves to re-enter the vehicle business culminating in the move to a new headquarters in Changsha in January 2013 and the establishment of a new subsidiary, Hunan Liebao Automobile Co.

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6.

GAC Group Mitsubishi Motors is a joint venture between GAC Group and the Japanese automaker Mitsubishi Motors.

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7.

GAC Group Hino is a joint venture between Hino and GAC Group aimed at producing Hino-based trucks.

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8.

GAC Group has been repeatedly vocal about plans to introduce models to the United States.

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9.

GAC Group established research and development teams in Silicon Valley and Los Angeles in 2017 and 2018, respectively.

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10.

GAC Group was the sponsor of the 2011 World Table Tennis Championships held in Rotterdam and the title sponsor of the 2012 ITTF World Tour.

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11.

GAC Group was the title sponsor of the 2013 World Team Cup Table Tennis tournament held in its home city of Guangzhou.

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