Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, June 24 2019 - 14:37
AsiaNet
GAC Motor Expands Presence in Regional Markets in Its Steady Overseas Growth
GUANGZHOU, China, June 24, 2019 /PRNewswire-AsiaNet/ --

GAC Motor has been active in global market lately, launching several new models 
in the Middle East, opening four dealer stores in Ecuador, and preparing for 
the launch of the GS8 in the Russian market later this year. 

Photo - https://photos.prnasia.com/prnh/20190624/2505866-1-a
caption: Mr. Yu Jun, President of GAC Motor, revealed an update to its plan to 
enter the Russian market at the 2019 St. Petersburg International Motor Show

"GAC Motor is committed to realizing a global brand presence and have 
strengthened efforts to expand international partnerships worldwide," says Yu 
Jun, President of GAC Motor. 

In recent years, GAC Motor has witnessed steady development since the launch of 
its internationalization strategy and is now present in 16 countries with 
products including sedan, SUV and MPV, and is recognized as a leading auto 
brand in several markets. In 2018, GAC Motor reported a 69% year-on-year 
increase in international sales.

Photo - https://photos.prnasia.com/prnh/20190624/2505866-1-b
caption: 2019 GAC Motor International Distribution Conference

Since the beginning of 2019, GAC Motor has continuously improved its 
international operations, increasing the brand's global competitiveness. GAC 
Motor's Russian subsidiary, GAC Motor RUS, which is the first attempt for the 
company to operate an overseas subsidiary independently, entered into operation 
in early April and has begun preparations for product releases and the opening 
of new stores. 

In April of this year, GAC Motor hosted its 2019 International Distributor 
Conference to discuss global business development with distributors worldwide. 
During the conference, Yu noted: "We will continue to invest in supporting our 
distributors and partners to establish a winning model of collaboration."

Photo - https://photos.prnasia.com/prnh/20190624/2505866-1-c 
caption: GAC Motor International Limited Opens in Hong Kong

In May, GAC Motor International Limited, a wholly-owned subsidiary of GAC Motor 
opened in Hong Kong and will serve as GAC Motor's platform for capital, talent 
and investment, optimize the receipt and payment process and work with 
financial institutions to provide inventory ownership service for international 
dealers. Together with the company's Russian subsidiary and other overseas 
subsidiaries, it will support GAC Motor's strategy of global brand presence.

In addition, GAC Motor is also making efforts to reach more global consumers in 
diversified ways. The company became the official car partner of 2019 Miss 
Universe Myanmar in May. Nearly one week ago, at the Kalayaan Cup, a 12-hour 
endurance race for the hardcore racers of the Philippines, the race team of GAC 
Motor brought home the gold in several categories as a new-comer of the event.

To respond to the positive market feedback, GAC Motor plans to accelerate its 
overseas expansion while continuing to introduce new models to different 
markets across the world, participate in key global industrial events and 
launch overseas marketing campaigns. 

For more information about GAC Motor, please visit: 
http://www.gac-motor.com/ 

Facebook: https://www.facebook.com/GACMotor  
Instagram: https://www.instagram.com/gac_motor   
Twitter: https://www.twitter.com/gac_motor    
YouTube: http://www.youtube.com/c/GACMotorOfficial   

Source:GAC Motor
Translations

Vietnamese