Showing posts with label guangzhou automobile group. Show all posts
Showing posts with label guangzhou automobile group. Show all posts

Thursday, May 11, 2023

WTC Automotif (M) Sdn Bhd (WTCA) with Guangzhou Automobile Group (GAC) announces Completely Knocked Down (CKD) programme - RM60million+ investment to produce and market GAC vehicles in Malaysia



WTC Automotif (M) Sdn Bhd (WTCA), a wholly-owned subsidiary of Warisan TC Holdings Bhd (a Tan Chong related company), earlier today announced a new Completely Knocked Down (CKD) programme with Guangzhou Automobile Group (GAC). The programme, which WTCA stated that they will invest over RM60 million into this venture involves the manufacturing of the brand new GAC Motor GS3 compact SUV (in the B segment) as well as expanding its  presence throughout Malaysia. Expect to see a newly specced out CKD GS3 with a 1.5liter turbo direct injection petrol with a DCT gearbox here by the end of the year and on sale shortly after.