GAC Group January Sales Jump on Surging New Energy Vehicle Demand Despite Production Dip

Guangzhou Automobile Group Co ( (HK:2238) ) just unveiled an announcement.

Guangzhou Automobile Group reported that its total vehicle production in January 2026 fell 4.77% year on year to 110,795 units, even as sales rose 18.47% to 116,622 units, signaling tighter inventories but stronger market demand. The group’s new energy vehicle segment was the standout, with NEV production up 42.82% and sales surging 162.90%, driven in particular by GAC Aion’s sharp sales growth, while traditional energy-efficient vehicles saw modest gains in sales and a small decline in output, and GAC Honda recorded steep drops in both production and sales, partially offset by robust performance at GAC Toyota, GAC Motor, and the new energy commercial vehicle unit, underscoring an ongoing shift in its portfolio toward electrification.

The most recent analyst rating on (HK:2238) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.

More about Guangzhou Automobile Group Co

Guangzhou Automobile Group Co., Ltd. (GAC Group) is a major Chinese automotive manufacturer based in the People’s Republic of China, producing passenger vehicles, new energy vehicles and motorcycles through joint ventures and subsidiaries such as GAC Honda, GAC Toyota, GAC Motor, GAC Aion and Wuyang-Honda. The company focuses on both traditional fuel-efficient models and rapidly expanding new energy offerings, targeting domestic and international markets across multiple vehicle segments.

YTD Price Performance: -10.27%

Average Trading Volume: 34,233,716

Technical Sentiment Signal: Hold

Current Market Cap: HK$75.55B

For a thorough assessment of 2238 stock, go to TipRanks’ Stock Analysis page.