March 30, 2017 3:28 AM ET

Automobiles

Company Overview of GAC GONOW Auto Co., Ltd.

Company Overview

GAC GONOW Auto Co., Ltd. manufactures automobiles and related parts. The company was founded in 2010 and is headquartered in Hangzhou, China. GAC GONOW Auto Co., Ltd. operates as a subsidiary of Guangzhou Automobile Group Co., Ltd.

6188#, Jiang Dong Fourth Road

Jiang Dong Industrial Park

Economic Development Zone of Xiaoshan

Hangzhou,  311222

China

Founded in 2010

Phone:

86 571 8295 5176

Fax:

86 571 8295 5177

Key Executives for GAC GONOW Auto Co., Ltd.

GAC GONOW Auto Co., Ltd. does not have any Key Executives recorded.

GAC GONOW Auto Co., Ltd. Key Developments

GAC Gonow Automobile Co., Ltd. Announces Production and Sales Results for the Month and Year to Date Ended April 2016

GAC Gonow Automobile Co., Ltd. announced production and sales results for the month and year to date ended April 2016. For the month, the company announced production of 1 unit compared to production of 805 units a year ago. For the year to date, the company announced production of 393 units compared to production of 3,574 units a year ago. For the month, the company sold 226 units compared to 675 units a year ago. For the year to date, the company sold 1,325 units compared to 4,871 units a year ago.

GAC GONOW Auto Co., Ltd. Announces Production and Sales Results for the Month and Year to Date Ended March 2016

GAC GONOW Auto Co., Ltd. announced production and sales results for the month and year to date ended March 2016. For the month the company announced production of 38 units compared to production of 339 units a year ago. For the year to date, the company announced production of 392 units compared to production of 2,769 units a year ago. For the month, the company sold 111 units compared to 565 units a year ago. For the year to date, the company sold 1,099 units compared to 4,196 units a year ago.

GAC Group Reports Consolidated Earnings Results for the Fiscal 2015

GAC Group reported consolidated earnings results for the fiscal 2015. The company posted consolidated revenue of CNY 29.4 billion (USD 4.5 billion) for the 12-month period, marking a jump of 31.4% year on year (y/y). The sharp jump in revenues helped the company in posting an operating income of CNY 386.9 million, representing a reversal from a loss of CNY 490.8 million. A sharp surge in profit of joint ventures and associates caused GAC Group's net earnings to jump 33.2% y/y to CNY 4.2 billion for the full year.

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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