GAC Gio Taizhou base expansion plan annual output 300,000

Posted on 10/2/2014 11:08:45 AM

GAC Gonow Automobile Co., Ltd. was established in December 9, 2010, is a joint venture by Guangzhou Automobile Group Co., Ltd. and Zhejiang Gonow Holding Group Co., Ltd. joint venture with a registered capital of 1.26 billion yuan, the two sides share ratio of 51:49 .
As the first state-owned and private joint venture, Guangzhou Automobile Gio also has a state-owned enterprise in the capital, technology, human resources, management and other aspects of the advantages of scale, but also with private enterprises more flexible operational mechanism, combined with the original Gio car good research capabilities, brand-based, channel resources and customer resources, has been basically completed from product management, brand management, capital operation to a smooth transition.
After fourteen years in the development and growth after GAC Gonow Auto has the combination of good research strength, brand-based, channel resources and customer resources to complete from product management, market management to brand management, the successful transformation of the value of operations . Thus, in the GAC Gio original size and Luqiao base case production facilities can not meet the requirements of enterprises with innovation and development of new products, the construction of new production base has become an urgent need for its transformation and upgrading.
It is understood that the planned base is located in Taizhou Taizhou, eastern district, will become the focus of domestic high-end pickup, SUV vehicle spare parts and core development, production and sales in one of a product development capabilities, industry support system complete vehicle production one base. The next few years, GAC Gio will have more new models introduced, including Guangzhou Automobile Gio Taizhou base will host one of the important production tasks.
"The expansion plan GAC Gio Taizhou base is divided into two phases, one phase of construction for the 150,000, 28 million, the second phase is 300,000, the estimated total investment of 50 million, concentrated in the high-end production pickup, SUV and core components. "general manager of Guangzhou Automobile Group Zeng Qinghong said that the joint venture Guangzhou Automobile Group has entered a new period of development, has formed the Japanese, the pattern of European and American systems, its own brand of the three pillars of capital and goods, and in Guangzhou Automobile Group to develop the strategic layout of its own brand, the Guangzhou Automobile Gio is an important part of the GAC large independent strategy, the future development of Guangzhou Automobile Gio Taizhou base, will further enhance the Guangzhou Automobile Group, the strategic layout and market share in the Yangtze River Delta, for GAC Group autonomy of the strategy laid an important foundation.

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