Guangzhou Automobile Group Co (HK:2238) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Guangzhou Automobile Group Co., Ltd. reported a downturn in its November 2024 production and sales figures, with vehicle production declining by 16.18% and sales dropping by 12.39% year-on-year. The company’s cumulative figures for the year also reflected a significant decrease, with production and sales volumes falling by over 23%. These results highlight challenges faced by the automotive giant amidst a shifting market landscape.
For further insights into HK:2238 stock, check out TipRanks’ Stock Analysis page.
