It was founded on June 8, 2000 from the merger of Guangzhou Automobile Group Co., Ltd. and Guangzhou Motors Group Company (previously Guangzhou Wuyang Group Company). The group is authorized by the Guangzhou City Government to operate state owned assets. The corporation receives considerable support from Guangdong Province and Guangzhou City to develop the automotive industry in the province. In 2010 it was among the top ten most-productive Chinese carmakers reaching number six and selling 724,200 cars.
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