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Guangzhou Automobile Group Co ( (HK:2238) ) has issued an announcement.
Guangzhou Automobile Group Co., Ltd. reported a decline in both production and sales volumes for May 2025, with a notable year-on-year decrease of 8.16% in production and 24.80% in sales. Despite the overall downturn, the company saw growth in energy-efficient vehicle production and sales, highlighting a strategic shift towards more sustainable automotive solutions.
The most recent analyst rating on (HK:2238) stock is a Sell with a HK$1.00 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, focusing on the production and sale of vehicles, including new energy and energy-efficient vehicles. The company operates through several subsidiaries, including GAC Honda, GAC Toyota, GAC Motor, and GAC AION New Energy Automobile, reflecting a diverse market focus on both traditional and new energy vehicles.
Average Trading Volume: 21,773,841
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$69.04B
For detailed information about 2238 stock, go to TipRanks’ Stock Analysis page.