GAC Group's Output, Sales Slide in May

MT Newswires Live
09 Jun

Guangzhou Automobile Group's (HKG:2238, SHA:601238) production and sales fell 8.2% and 25% year over year to 128,570 and 117,698 units, respectively, a Monday Hong Kong bourse filing said.

For the five months ended May 31, the automaker's output and sales stood at 648,395 and 605,225, down 5.9% and 13%, respectively, from the year-ago period.

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