China Youth Daily client news (China Youth Daily, China Youth Network reporter Lin Jie) reporter recently learned from GAC Group that in 2021, GAC Group is expected to achieve automobile production and sales of about 2.098 million vehicles and 2.113 million vehicles, respectively, an increase of about 3.1% and 3.4% year-on-year.
This year, under the influence of multiple unfavorable factors such as chip shortages, unstable supply chains, and rising raw material prices in the entire automotive industry, GAC Group is expected to achieve positive year-on-year growth in production and sales throughout the year, achieving a total industrial output value of more than 341.1 billion yuan, an increase of 7% year-on-year. Among them, Guangzhou's local output value is expected to exceed 320 billion yuan.
It is worth noting that GAC's independent "Gemini" production and marketing targets have been completed beyond expectations. Among them, since May this year, one of the "Twin Stars" GAC Eian terminal delivery has exceeded 10,000 vehicles, and in November, it has achieved the first batch sales of 15,000, and the proportion of private users has increased to 84%.

Since the beginning of this year, the shortage of chips has severely challenged the normal production of main engine factories. The two joint venture car companies of GAC motor have mobilized all resources to coordinate the supply of chips, implemented special personnel to track at the site, and strengthened supplier management. According to market feedback, timely adjustment of production plans, priority production of high value-added models, overtime to supplement production and increase production, to achieve a smooth transition under the impact of lack of core.
Source: China Youth Daily client