PHOTO
Launches its second generation automobiles at the Dubai International Motor show and aims to increase its production capacity to 500,000 vehicles by 2017
Dubai, November 12th, 2015: GAC MOTOR, one China's leading automobile giants, is aiming to grow its market share in the UAE with the introduction of its 3 new second generation models. The company unveiled these indigenously developed GS4, GS5 Super and GA6 models during the Dubai International Motor Show. The company has tied up with Gargash Motors and they are the sole distributor of GAC cars in Dubai, UAE. China's Ambassador Chang Hua, Consul General Li Linbing and Mr. Samir Gargash, Head of Gargash Motors were present during the launch.
"Cars under the GAC Motor's brand have come to the market after having spent a considerable amount of man hours in our research and development centre. We have to create a niche for our brand in this region and also worldwide and to achieve that we have ensured that we are a notch above the current industry best practices to stay ahead in the race. We are delighted to unveil our technologically advanced masterpieces at the show to the discerning consumers in the UAE and greater Middle East region," said Wu Song, general manager of GAC Motor.
GAC Group is one of the most respected auto groups in China. In 2014, it sold 1.17 million vehicles; the revenue is US$ 32.2 billion and is ranked 362 within the Fortune 500 companies.
GAC Motor is a wholly owned brand of GAC Group, which integrates the worldwide resources. Its current investment is up to US$1.6 billion, and future investment will be an extra US$5.4 billion. GAC Motor is very young, but the fastest developing brand in China.
GAC Motor is expected to sell a total of 180,000 vehicles globally this year and aims to achieve the production capacity of 500,000 in 2017 due to the exponential growth in demand. The company's aggressive international branding strategy began by sponsoring the Hollywood blockbuster The Transformers: Age of Extinction last year.
Since GAC Motor was launched in December 2010, and have built five models till now: GA5, GS5, GS5 Super, GA6, GA3S and GS4, and has sold approximately 400,000 units.
"We are here to cater to the mass market's need for mid and high-end cars. There is a huge demand in that category and we are closely monitoring this segment and will soon lead this place in the near future. Our safety and stringent manufacturing standards makes us the most sought after Chinese car brand across all our markets," added Mr.Wu.
The company's steady progress in raising its global market share has seen a 27 percent year-on-year increase in exports in the first half of 2015. According to the China Initial Quality Study conducted by J.D. Power, GAC Motor has remained to be China's No. 1 brand for three consecutive years.
The company's flagship model that is debuting at the show is the GS4. This vehicle utilizes 200T 7-speed control combination and outputs 202Nm peak torque at a wide range from 1500 to 4200 RPM. At the same time its gas consumption is as good as 6.3L per 100km. GS4 has been a huge success since it was released in China in April, 2015, taking the third place in last month's domestic sales ranking.
GAC MOTOR had also recently signed a strategic cooperation agreement with Bahrain's Tasheelat Automotive Company in the earlier part of this year.
GAC MOTOR, GAC Group's subsidiary of own-brand passenger vehicles, made public its global strategies at the beginning of 2014, which is to first tap the markets in the Middle East, Africa, South America, Southeast Asia, Eastern Europe, and then try to expand into the established markets such as North America and Europe.
"We are here at the show to further build our brand recognition and be a name that is synonymous in the minds of the car enthusiasts in this region. We are keen to grow our presence in the Middle East and the Dubai International Motor Show serves as the right platform to achieve these objectives. We would urge you to come and try our cars and get a feel for yourself and get a better understanding of our technological prowess," concluded Mr.Wu.
About GAC MOTOR:
As a Fortune Top 500 company, GAC Group's business scope range from automobile research and development, manufacture and sales to spare parts production, automotive finance, insurance, investment and commercial logistics. GAC MOTOR is a subsidiary company of GAC Group that commits to developing and manufacturing world-class quality vehicles, engines, components and auto accessories. For more information please log on to - oversea.gacmotor.com/
For further information please contact:
Prem A. Ramachandran
Managing Director| White Water Public Relations
GSM:0097150-4537253 | PO. Box 18936, Dubai, UAE
Email: prem@whitewaterpr.com
Website: www.whitewaterpr.com
© Press Release 2015