State-owned GAC Motor Co., citing weak sales at joint venture partners Toyota Motor Corp. and Honda Motor Co., warned that 2024 profits may drop as much as 82 percent to 800 million yuan ($110 million).
State-owned GAC Motor Co., citing weak sales at joint venture partners Toyota Motor Corp. and Honda Motor Co., warned that 2024 profits may drop as much as 82 percent to 800 million yuan ($110 million).