Guangzhou Automobile Group looks at building Russian car plant

12/01/2015

Guangzhou Automobile GroupGuangzhou Automobile Group: GAC Motor, a division of China’s Guangzhou Automobile Group, is considering building its first foreign car plant in Russia. According to GAC’s Director and General Manager Wu Song, a decision would be made this year on the feasibility of setting up the plant that would begin with a an annual production capacity of 50,000 own-brand Guangzhou that would be assembled from kits. The State-owned Guangzhou Auto is China’s sixth largest car maker and sold 1.17m vehicles last year. Invest in Russia