GAC GROUP(SH:601238) Zhong Guo Jing Ying Bao·2025-12-05 15:24Group 1 - GAC Group reported November sales of 179,700 vehicles, a month-on-month increase of 5.2%, but a year-on-year decrease of 9.72% [1] - Cumulatively, GAC's sales for the first 11 months of the year reached approximately 1.53 million vehicles, reflecting a year-on-year decline of 10.8% [1] - GAC's self-owned brand overseas sales increased by 39% year-on-year during the same period [1] Group 2 - GAC has entered new markets in Australia and Argentina while advancing its European strategy through a partnership with Magna, which has commenced mass production of the AION V in Austria [1] - The new management team, appointed on November 16, includes external talents, with Chen Jiacai responsible for overseas operations, aimed at supporting GAC's internationalization and "ONE GAC 2.0" strategy [2] - The new team will oversee core business areas including product management, R&D, manufacturing, branding, internationalization, strategic development, and human resources [1]