Report from the reporter (Reporter Huang Tao) When GAC Group, which has joined Hyundai Motor and launched its listing plan, is getting more and more attention from the industry, the reporter learned from the relevant channels yesterday that the GAC Group has already formulated the “Eleventh Five-Year Planâ€. According to the plan, by 2010, GAC Group’s target vehicle production will reach 1.3 million, and sales revenue will reach 200 billion yuan. By then, GAC Group will be among the top four in the national automotive industry.
To rank among the top 4 in the automotive industry
It is understood that in 2005 GAC Group completed production and sales of 248,800 and 246,800 vehicles, an increase of 18.67% and 17.81% respectively, both higher than the industry average. The sales income was 42.899 billion yuan, and the total profits and taxes were 11.116 billion yuan.
Judging from the current planning information for 2010, FAW Group has achieved a vehicle output of more than 2 million; SAIC Group has reached 2 million; Dongfeng Group has reached 1.6 million; and Chang'an Group and BAIC Group have also reached 1 million. Through the rapid development during the “11th Five-Year Plan†period, GAC Group’s strategic goal is to enter the top 300 global enterprises by the year 2010, the top 20 among the top 500 companies in the country, and the top four in the national automotive industry.
Build Your Own Commercial Vehicle Brand
It is reported that GAC Group's "Eleventh Five-Year Plan" is divided into five sections, namely, independent research and development and independent brand plates, car plates, commercial vehicle plates, engine plates and parts plates. Of which, in the car segment, Guangzhou Honda’s output reached 360,000 units in 2007 and reached 500,000 in 2010; Honda (China) reached 50,000 vehicles in 2007 and reached 200,000 in 2010; Guangzhou Toyota reached 150,000 vehicles in 2007. In 2010, it will reach 400,000 vehicles. By then, Guangzhou will truly become one of the three largest car production bases in the country.
The actions of commercial vehicles will be relatively large, and many new projects including the Guangzhou Automobile Modern Project are currently in full swing. After the successful implementation of the project, the scale of its benefits will be no less than a sedan project. At the same time, the original commercial vehicle projects including Isuzu Bus, Denway Bus and Yangcheng Automobile will be adjusted with new projects. GAC Group's goal is 2010. The company achieved a commercial vehicle production of more than 200,000 vehicles, and at the same time built its own well-known domestic commercial vehicle and even passenger car brand.
Disclosure of own brand planning for the first time
In addition, in the engine segment, the size of the Guangzhou Toyota engine will reach 300,000 units in 2007, 600,000 units (including exports) in 2010, and commercial vehicle engine projects will reach a larger scale. In respect of parts and components, in addition to upgrading the technology, R&D and manufacturing capabilities of component companies, expanding its supporting facilities with other OEMs at home and abroad, and strengthening the ability of component companies to participate in global supply, it will also actively seek out chassis zero worldwide. The partners of key parts and components such as components and automotive electronics have established a flagship company in the parts and components industry with capital as the link, and strive to achieve a sales income of 11 billion yuan for the parts and components segment in 2007 and 13 billion yuan in 2010.
It is worth noting that in GAC Group's "Eleventh Five-Year Plan" for the first time disclosed the GAC's own brand plan. It is reported that GAC Group has proposed to establish and cultivate GAC Group’s intellectual property brand in its own R&D and independent brands, and strives to achieve a contribution rate of 25% of the independent intellectual property technology in the sales of vehicle products in 2010 and strive to establish a nationally-renowned brand. , to achieve a major breakthrough in independent research and development and brand.