GAC’s share price slumped a steep 42% this year as investors reacted to international trade tensions and a decline in Chinese auto demand. But growth at the state-owned Chinese automaker reaccelerated in August, and longer-term trends are promising. GAC is lining up to release new models of its Trumpchi brand. (The word means “legend” in Chinese; there’s no connection to the U.S. President.) Back home, GAC has expanded production capacity for its joint venture with Toyota, while channeling sizable R&D bets into electric vehicles and autonomous cars.
Company Information
Overall Score | 3.1 |
Sector | Industrials |
Industry | Automobiles |
CEO | Zeng Qinghong |
Website | http://www.gagc.com.cn |
Employees | 86,969 |
HQ Location | Guangzhou, China |
Revenues ($M) (Past 12 Months) | $10,993 |
Profits ($M) (Past 12 Months) | $1,772 |
Market Value as of Oct. 10, 2018 ($M) | $14,401 |