Guangzhou Automobile Group

Guangzhou Automobile Group

Community score

-0.19 -55
Industry: Automobile Manufacturers
Listing country: China
Year added: 2022

Guangzhou Automobile Group, also known as GAC Group, was established in 1997 and has its headquarters in Guangzhou, Guangdong, China. The company is engaged in various business sectors, which include automobile manufacturing with a focus on both passenger and commercial vehicles; automobile components that encompass engine production, transmissions, and other essential parts; automobile service and trade, which addresses sales, after-sales services, and car trading; as well as finance and insurance services, tailored to offer automobile financing and insurance solutions to consumers. Within GAC Group's portfolio are key automotive brands such as GAC Motor, which specializes in passenger cars, and Trumpchi, which offers a range of passenger vehicles that includes sedans, SUVs, and MPVs. The company has introduced Aion, a brand concentrated on new energy and electric vehicles. Additionally, Gonow has been part of the group's brand lineup, historically targeting the more affordable segment of trucks and SUVs, although its operational status is subject to changes. GAC Group's primary market is China, but its global footprint is expanding. Its export efforts are directed toward diverse international markets, with a strong interest in the Middle East, South America, Southeast Asia, Eastern Europe, and Africa. Furthermore, GAC Group has been making strides to penetrate the North American automotive market in recent times. (Powered by AI)

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Guangzhou Automobile Group

Electrification is one of the biggest transformations the car industry is currently facing1;p8. The global electric vehicle (EV) market has been growing exponentially from 0.46 million (M) units in 2016 to over 7.3M sales in 20222. This enables th...

Feyisayo Favour F. January 2nd, 2024
54 ratings
Guangzhou Automobile Group

According to the International Labour Organization (ILO), about 340 million (Mn) occupational accidents and 160 million victims of job-related illnesses are reported per year globally1. The injury rates are much higher for people who work in the a...

Oyelakin M. November 30th, 2023
14 ratings
Guangzhou Automobile Group

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. On average, the stat...

Ajay A. December 14th, 2023
72 ratings
Guangzhou Automobile Group

The invention of the automobile in the 20th century had a profound impact on the economy and social connectivity, revolutionizing the way people traveled1. Owning a car brought numerous benefits, including flexibility in managing time, independenc...

Bayonle B. October 27th, 2023
20 ratings
Guangzhou Automobile Group

End-of-life vehicles (ELV) generate about 5% of total industrial waste globally, and their simple disposal is hazardous and pollutes the environment1;p2. The average weight of a car is 1.9 t and commercial vehicles are around 11.8 t2,11. ELVs cons...

David E. September 25th, 2023
14 ratings
Guangzhou Automobile Group

Annually, the world generates 2 billion tonnes (t) of solid municipal waste1. About 40% of the waste generated globally is managed improperly, dumped, or openly burned, while only 14% is recycled2. Waste sent to landfills often contributes to glob...

Renu R. August 22nd, 2023
18 ratings
Guangzhou Automobile Group

Around 4 trillion m3 of freshwater is used worldwide every year1. Only 3% of the total available water on Earth is freshwater, and only 0.5% is for human consumption2. Around 20% of the total water is used by the industry3;p7. Companies should opt...

Ayomide M. July 20th, 2023
18 ratings
Guangzhou Automobile Group

As per the ILO, to be gender-balanced, an organization needs 40-60% of either gender1;p12. An upper ratio of women in the workplace forecasts more job satisfaction, more meaningful work, dedication, and fewer burnouts2Women's underrepresentation...

Muhammad Aqib A. September 6th, 2023
16 ratings
Guangzhou Automobile Group

In 2020, 3.4 billion (Bn) people were employed globally1. Job creation assists society in many ways, such as eliminating poverty and bringing economic stability that eventually leads to new taxpayers2. It also gives opportunities for personal grow...

John A. June 29th, 2023
24 ratings
Guangzhou Automobile Group

Greenhouse gases (GHGs) trap the Sun’s heat and cause a rise in temperature and sea level, extreme weather conditions, and climate change1. In 2021, global GHG emissions amounted to about 40.8 billion tonnes (t) of CO2e2. Industries must develop...

Muhammad S. June 6th, 2023
30 ratings

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