GUANGZHOU, China. - Wednesday, May 6th 2015 [ME NewsWire]
(BUSINESS WIRE)-- GAC Motor, an automotive marque owned by Guangzhou Automobile Group (GAC) in China, was recently awarded "Innovation For The Future" by Yahoo! Finance to affirm its extraordinary models which set new benchmarks for China's automakers.
For GAC Motor, which has been endeavoring to build China's top automotive brand and eyeing the international market, the award means more than recognition. GAC Motor believes it will help the company gain more opportunities in its future international expansion.
At this year's North American International Auto Show, GAC Motor as the only Chinese exhibitor showcased three of its models, including GS4 which was first unveiled. The company was reported as "a potential world-class automaker from China" by foreign media.
In 2014, GAC Motor recorded a sales volume of 116,800 vehicles, representing a 41% increase from the previous year and a growth rate well above the industry's average for the 4th consecutive year. This year GAC Motor aims to sell 180,000 vehicles, and the number may break 200,000.
So far Trumpchi has entered the Middle East and South America markets, and has become the No. 1 Chinese automotive brand in Kuwait and Dubai. In the coming years, GAC Motor will enhance its overseas portfolio and marketing network, and the company plans to enter the North America market by 2017.
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Sukie Wang, 86-20-39206608
Katie Lu, 852-2214-4025