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Guangzhou Automobile Group Co ( (HK:2238) ) has provided an update.
Guangzhou Automobile Group Co., Ltd. reported a decline in both production and sales volumes for August 2025 compared to the previous year. The production volume decreased by 17.93% year-on-year, while sales volume fell by 8.43%. The company also experienced a year-to-date decrease in production and sales, with significant declines in some of its major investment enterprises like GAC Honda and GAC AION New Energy. Despite these declines, GAC Toyota showed a slight increase in both production and sales, indicating a mixed performance across different segments. This downturn in production and sales could impact the company’s market positioning and stakeholder confidence.
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. is a major player in the automotive industry, primarily engaged in the production and sale of vehicles. The company focuses on manufacturing both traditional and new energy vehicles, catering to a diverse market in China and beyond.
Average Trading Volume: 26,824,961
Technical Sentiment Signal: Buy
Current Market Cap: HK$70.5B
Find detailed analytics on 2238 stock on TipRanks’ Stock Analysis page.