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Summit between GAC Chairman Zeng Qinghong and FCA CEO Mike Manley

July 2nd, 2019

    On June 25, Mr. Zeng Qinghong, Chairman of GAC Group, and Mr. Mike Manley, CEO of FCA Group, held a summit in Shanghai.

    In the summit, the top managements of the shareholders heard a report on GAC FCA’s operation status after the implementation of the overall JV governance, its current market challenges and countermeasures, and its long-range product plan (LRP).

    Mr. Zeng Qinghong and Mr. Mike Manley deemed that the overall JV governance further enhanced the Company’s work efficiency and synergy and quickened the Company’s adaptation and response to markets. They affirmed that GAC FCA will strengthen its communication with dealers in the new governance system to establish a relationship of mutual trust and win-win cooperation and further boost customer satisfaction.

    The management team of the Company has formulated an action plan, based on the principle of customer orientation to continuously enhance its power of products, marketing, brands, and execution to propel its sustainable development.