Pinwan News, December 29th, GAC Group announced that the production and sales of automobiles in 2022 are expected to be 2.459 million and 2.404 million, respectively, an increase of approximately 15.0% and 12.1% year-on-year; An increase of about 19.7%; the total profit and tax is expected to be 65.19 billion yuan (statistical caliber), an increase of about 13.2% year-on-year. In 2023, it will be challenged to achieve a year-on-year growth of 10% in automobile production and sales, and continue to maintain a growth trend higher than the industry average.
The self-owned brands GAC Trumpchi and GAC Aian are expected to achieve a combined production and sales of over 620,000 vehicles, creating the best record in the company’s self-owned brand business development history, of which new energy vehicles account for over 43%. GAC Aian successfully completed the share reform and A-round financing, with a post-investment valuation exceeding 100 billion yuan. The annual production and sales of GAC Toyota Motor Co., Ltd., a joint venture, exceeded one million vehicles for the first time, becoming the first vehicle manufacturer to enter the million-vehicle club.
Source: GAC Group
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