GAC gears up for major capacity expansion

Guangzhou-based automaker GAC Motor Co Ltd on Wednesday began major renovations of its assembly plant in Hangzhou, capital of Zhejiang province, in a push to expand production capacity following substantial sales growth.

The upgrade comes after the company acquired GAC Gonow in April - a joint venture between Guangzhou Automobile Group Co and Zhejiang Gonow Holdings Group Co.

"The facilities in Hangzhou will help expand production capacity and boost our position in the fast-growing eastern China market, as we are gearing up to meet the growing domestic demand," said GAC Motor General Manager Yu Jun.