601238 (601238) News
Follow 601238 (601238) news in one place: company catalysts, earnings, analyst actions and wider market developments. Review 16 public stories across 8 publication days to understand how the story developed. Public news appears after a 15-minute delay; LiveCast subscribers can follow new headlines and hear important updates without this additional delay.
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Mexico Limits Five-Year Tariff Break to Established Local Carmakers
Mexico said a new five-year tariff break for imported car parts will apply only to automakers with production facilities in the country.
REGULATION | Oct 16, 2026, 06:34 PM UTC
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Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:** Britain's Vesuvius LSE:VSVS said that Austria-based RHI Magnesita N.V LSE:RHIM proposed to buy the metal flow engineering fi
EQUITY | Sep 29, 2026, 01:34 PM UTC
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GAC-FAW Deal Unlikely to Reshape China's Competitive Auto Industry Near Term — Market Talk
The GAC-FAW deal is another positive signal that China's auto-industry consolidation is starting to gain traction, Bernstein analysts write in a note. However, the deal is unlikely to materially alter the structure of Ch
GEOPOLITICS | Sep 29, 2026, 10:27 AM UTC
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GAC to Acquire 50% Stake in FAW Toyota as China's Auto Industry Consolidates
By Jiahui HuangChina's Guangzhou Automobile Group said it would acquire a 50% stake in FAW Toyota from FAW Group, in a deal where FAW would become GAC's second-largest shareholder as automakers look to collaborate amid i
GEOPOLITICS | Sep 29, 2026, 08:24 AM UTC
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China automaker FAW to explore broader cooperation with GAC after JV stake deal
FAW Group, one of China's centrally administered state-owned automakers, said it would expand cooperation with Guangzhou Automobile Industry Group to improve operational quality and efficiency, as consolidation gathers p
GEOPOLITICS | Sep 29, 2026, 06:50 AM UTC
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Guangzhou Automobile plans to acquire 50% stake in FAW Toyota
Guangzhou Automobile Group SSE:601238 plans to acquire a 50% stake in FAW Toyota from a unit of state-owned automaker FAW Group through a share issue, GAC said in a Shanghai Stock Exchange filing on Monday.($1 = 6.7103 C
MNA | Sep 28, 2026, 02:38 PM UTC
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GAC targets adding car production capacity in Europe
Guangzhou Automobile Group (SSE:601238) said it aims to add production capacity in Europe to support a planned large-scale car rollout in major markets such as France, via GAC France deputy CEO Cedric Lacour. Partner Mag
EQUITY | Sep 21, 2026, 09:14 PM UTC
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Toyota revamp signals potential joint-venture model shift in China
A potential tie-up between Toyota’s two main Chinese partners suggests the foreign joint-venture model in China may be entering a new phase amid a shrinking market and intense competition, with Guangzhou Automobile Group
EQUITY | Sep 15, 2026, 11:00 PM UTC
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Toyota revamp hints of wider industry shake-up in China
A potential tie-up between Toyota's two main Chinese partners could be a sign the long-standing foreign joint-venture model in China is entering a new phase as a shrinking market and brutal competition force automakers t
GEOPOLITICS | Sep 15, 2026, 09:59 AM UTC
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Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:** Swedish private equity firm EQT OMXSTO:EQT and Norges Bank Investment Management, the manager of Norway's sovereign wealth f
NEWS | Sep 15, 2026, 09:41 AM UTC
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China auto consolidation will come thick and fast
By Katrina HamlinFAW, maker of Chairman Mao’s favourite limo, is set to become a top shareholder of $6.4 bln GAC. A tie-up could end competition between the state automakers' Toyota ventures and stem losses. Rising trade
GEOPOLITICS | Sep 15, 2026, 03:48 AM UTC
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Chinese State-Backed Carmakers Announce Deal Amid Industry Consolidation Push
By Jiahui HuangState-owned China FAW Group is planning to take a stake in fellow carmaker Guangzhou Automobile Group under an asset-restructuring deal, underscoring Beijing's push to consolidate the auto industry after y
GEOPOLITICS | Sep 15, 2026, 02:14 AM UTC
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China's GAC Group shares suspended after report on FAW's potential equity investment
Shares of China's Guangzhou Automobile Group (GAC) SSE:601238 were suspended from trading on Monday after a media report said another local automaker, FAW Group, is pursuing a plan to acquire a stake in GAC.
GEOPOLITICS | Sep 14, 2026, 04:30 AM UTC
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HKEX Says Trading In H Shares Of Guangzhou Automobile Will Be Halted On Sept 14
HKEX
EQUITY | Sep 14, 2026, 01:48 AM UTC
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Guangzhou Automobile August vehicle sales down 6.71% Y/Y
Guangzhou Automobile Group Co Ltd reported August vehicle sales down 6.71% year over year.
EQUITY | Sep 04, 2026, 09:40 AM UTC
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Guangzhou Automobile Group revenue up 9.13%; net loss widens 75.98%
Guangzhou Automobile Group reported revenue up 9.13% and net loss widened 75.98% amid higher costs.
EQUITY | Aug 28, 2026, 01:28 PM UTC