Guanghzhou, the economic engine as well as the largest city in Southern China, is hoping its state-owned automotive company, the GAC Group, can use its clout in the Chinese market to move on to a larger stage.
That “larger stage” being the U.S. Many are looking at the return to Detroit as a precursor to selling vehicles here. If that happens, GAC will be the first company to do so.
“As we look to establish ourselves as a global brand we are optimistic we can gain more momentum following the announcements we will make this coming January in Detroit,” hinted Zeng Qinghong, vice chairman and president of GAC Group. (more…)