Jelaskan History dari GAC Group

Guangzhou Automobile Group Co., Ltd. was founded in 1955, and in 2005 become a holding of Guangzhou Automobile Industry Group and a joint-stock company. As of 2009 it was the 6th-largest automaker in China.

In 2009, the company acquired 29% of the Chinese sport-utility vehicle maker Changfeng Automobile, becoming its biggest shareholder. GAC purchased the remaining portion of Changfeng in 2011 completing its acquisition of the company.

Previously a backdoor listing via Denway Motors, GAC became listed under its own name on the Stock Exchange of Hong Kong in 2010. In that year shareholders of Denway Motors approved its privatization by GAC. Denway Motors was subsequently delisted on 25 August 2010 and replaced by Guangzhou Automobile Group () on 30 August 2010 via stock swap.

In late 2010 GAC purchased 51% ownership of Gonow, a midsize Chinese automaker of sport-utility vehicles, subcompacts, and pickup trucks.

In December 2010 GAC launched the new Trumpchi marque. Its initial product was based on the Alfa Romeo 166.

In 2010 GAC was among the ten largest Chinese carmakers reaching number six and selling 724,200 vehicles.

2011 saw the company retain its position as the sixth-largest Chinese automaker by production volume, with GAC making 740,400 vehicles in that year.

In early 2012, the company was listed on the Shanghai Stock exchange.