|Headquarters||Guangzhou, Guangdong, China|
|Key people||Chairman: Mr. Zhang Fangyou|
|Website||Guangzhou Automobile Group Company Limited|
A Chinese partner of Japanese companies Toyota and Honda, GAIG owns Chinese production bases that churn out Chinese market versions of the Japanese carmakers' models, which sell well in Southern China.
Born during a reconstruction of the Guangzhou automotive industry in 2000, GAIG receives considerable support from the governments of Guangdong province and Guangzhou city.
Formerly the Guangzhou Automobile Industry Group Company, it was renamed in 2005.
In 2007 GAIG was planning to sell automobiles under its own brand and to further this goal had acquired a controlling share in an R&D center at South China University of Technology. The Chinese State may have been an early driving force behind GAIG own-brand efforts.
The goal of self-branded sales was also brought up on its website in 2010.
Cars selling under the first car brand exclusive to GAIG, Trumpchi, went on offer in 2011. The sole model is a sedan. The car went on sale in 2011, but the first six months of sales disappointed.
A Trumpchi-branded SUV will be added to the model line in April 2012.
The company has ownership in a number of Chinese automakers; an incomplete list of GAIG holdings follows.
Toyota joint ventureEdit
- Main article: Guangqi Toyota Automobile
Guangzhou Automobile Group Co LtdEdit
- Main article: Guangzhou Automobile Group
Honda joint ventureEdit
- Main article: Guangqi Honda Automobile
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- ↑ 1.0 1.1 1.2 Home > About Us > Introduction GAIG Official Site
- ↑ 2.0 2.1 BAIC invests $736 mln to restructure Baolong's production base gasgoo.com, August 19, 2010
- ↑ 3.0 3.1 Milestones Guangzhou Automobile Industry Group Official Site
- ↑ GAIG Stock Co., Ltd. investing.businessweek.com
- ↑ 5.0 5.1 5.2 Guangzhou Automobile Industry Group. Webb, Alysha, Automotive News, 5/14/2007 Supplement, Vol. 81
- ↑ "New Models from the 2010 Guangzhou Auto Show (1): GAC Trumpchi", ChinaAutoWeb.com.
- ↑ GAC listed after 8-year marathon people.com.cn, September 06, 2010
- ↑ Lee, Carmen (August 24, 2011). "2011 sales of Trumpchi below expectations", gasgoo.com. Retrieved on 01/30/2012.
- ↑ Lee, Carmen (November 29, 2011). "New GAC SUV to make market debut next year", gasgoo.com. Retrieved on 01/30/2012.
- ↑ Toyota Motor China Investment Co. Treece, James B., Automotive News, 5/14/2007 Supplement, Vol. 81
- ↑ Company Profile Guangzhou Automobile Group Official Site
- ↑ Guangzhou Automobile Group Co., Ltd. businessweek.com, Company Snapshot
- ↑ China's Guangqi Honda at 95 pct of 2009 sales target reuters.com, Sun Nov 22, 2009 8:30pm EST