Guangzhou Automobile Group

Definition

Guangzhou Automobile Group is a Chinese state-owned enterprise that specializes in the manufacturing of automobiles, motorcycles, and auto parts. It represents a specialized form of business organization within the automotive industry, focusing on innovation, production, and sales both domestically and internationally.

Related terms

Joint Venture: A business entity created by two or more parties with shared ownership and risks, often seen in international automotive partnerships.

State: Owned Enterprise (SOE) - A legal entity that is created by a government in order to partake in commercial activities on the government's behalf.

Automotive Industry: The range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles