GAC board approves five projects for vehicle manufacturing and powertrain

On July 17 GAC announced that its board of directors debated a motion to approve five projects that involve total investments of about CNY 3.64 billion.
GAC Fiat Chrysler Automobiles Co., Ltd. (GAC Fiat) will invest CNY 511.06 million for the K4 MCA project.
GAC Fiat will also invest CNY 200.68 million for the 533 GS....

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