| Guangzhou Automobile Industry Group Company Limited | |
| Type: | State-owned enterprise |
| Foundation: | 2000 |
| Location City: | Guangzhou, Guangdong |
| Location Country: | China |
| Key People: | Chairman Zeng Qinghong[1] |
| Area Served: | China |
| Industry: | Automobile |
| Subsid: | GAC Group Denway Motors |
| Homepage: | Guangzhou Automobile Group Company Limited |
Guangzhou Automobile Industry Group Co Ltd (GAIG,)[2] is a Chinese state-owned 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.[3]
Born during a reconstruction of the Guangzhou automotive industry in 2000, GAIG receives considerable support from the governments of Guangdong province and Guangzhou city.
Formerly the Guangzhou Automobile Industry Group Company, it was renamed in 2003.[4]
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.[5]
By 2010, it was selling its own vehicles under the GAC Trumpchi brand.
The company has ownership in a number of Chinese automakers.
See main article: Guangzhou Automobile Group. Guangzhou Automobile Group Co Ltd (HKEX:) was founded in 1997,[6] and by 2005[7] it had become a holding of GAIG.[8] As of 2009, it is the 6th largest automaker in China.[9]