Guangzhou Automobile Industry Group Co Ltd (GAIG, )Home > About Us > Introduction
GAIG Official Site is a Chinese

state-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...

joint stock holding company that owns several Chinese automakers. A Chinese partner of Japanese companies Toyota and Honda, GAIG owns Chinese production bases that produce Chinese-market versions of the Japanese carmakers' models, which sell well in Southern China as of 2010.BAIC invests $736 mln to restructure Baolong's production base
gasgoo.com, August 19, 2010

History

Born during a reconstruction of the Guangzhou automotive industry in 2000, GAIG receives considerable support from the governments of

Guangdong province Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...

and Guangzhou city. Formerly the Guangzhou Automobile Industry Group Company, it was renamed in 2003. In 2007, GAIG began putting in motion plans 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.''Guangzhou Automobile Industry Group.'' Webb, Alysha, Automotive News, 5/14/2007 Supplement, Vol. 81 By 2010, it was selling its own vehicles under the GAC Trumpchi brand.

Holdings

The company has ownership in a number of Chinese automakers.

Guangzhou Automobile Group Co Ltd

Guangzhou Automobile Group Co Ltd () was founded in 1997,Milestones
Guangzhou Automobile Industry Group Official Site and by 2005Company Profile
Guangzhou Automobile Group Official Site it had become a holding of GAIG.Guangzhou Automobile Group Co., Ltd.
businessweek.com, Company Snapshot As of 2009, it is the 6th largest automaker in China.
chinadaily.com.cn, 2010-January-23

References

External links

GAIG Official SiteGAC Official SiteGuangqi Honda (Chinese)Guangzhou Toyota Motor (Chinese)
{{authority control Companies formerly in the Hang Seng China Enterprises Index Manufacturing companies based in Guangzhou Chinese companies established in 2000 Vehicle manufacturing companies established in 2000 Government-owned companies of China Car manufacturers of China