GUANGZHOU – Guangzhou Automobile Group Co., Ltd. (GAC)’s board of directors has approved a proposal to increase investment in GAC-Fiat Automobiles Co., Ltd. by ¥300 million ($48 million), according to an announcement on gagc.com.cn. Based on the proposal, the board meeting permits shareholders to increase their stakes in GAC-Fiat at original shareholding ratio so that GAC-Fiat can get more financial support to develop new products and expand production ...

Premium Content (PAID Subscription Required)

"Guangzhou Auto to Add ¥300 Million Investment to GAC-Fiat" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.