GAC Group's joint ventures are declining, and its independent offensive is gaining momentum

GAC Group was once a leader in the era of fuel vehicles, but with the transformation of the automobile industry towards electrification and intelligence, GAC's joint venture sector has gradually shown signs of fatigue. The sales of GAC Fiat and GAC Mitsubishi have fallen sharply, eventually leading to the withdrawal of these two joint ventures. GAC Toyota and GAC Honda, as the business cornerstones of GAC's joint venture sector, have performed relatively steadily.