Gonow

Last updated

Zhejiang Gonow Auto Co., Ltd.
Type Subsidiary
Industry Automotive
Founded27 September 2003;18 years ago (2003-09-27)
Defunct2016 (2016)
FateMerger with GAC Group
Headquarters,
Products Automobiles
Parent GAC Group
Website gonowauto.com

Gonow (officially Zhejiang Gonow Auto Co., Ltd.) (Chinese :浙江吉奥汽车有限公司) is a Chinese manufacturer of automobiles, commercial vehicles and SUV's headquartered in Taizhou, Zhejiang and a subsidiary of GAC Group. It markets its products under the brand name GAC Gonow in China and as Gonow in other markets.

Contents

History

The company was founded on 27 September 2003 with headquarters in Taizhou, Zhejiang. The campus covers an area of 268,000 m2. Production began with the Gonow AGE, with an initial phase of 60,000 units produced. Gonow spent 351.5 million RMB expanding its grounds by 100 acres, and increasing production to 200,000 units per year. They also began cooperation with Wuhan University of Technology, taking over construction of the Gonow Automobile R&D Center.

In 2006, Gonow entered the European Union market, in a joint venture with the Italian company DR Motor Company SpA. Two SUV models were produced under license, and were marketed under the brand name Katay Gonow.

On 24 October 2010, Gonow was the first Chinese car to score points in a FIA world championship, with its Italian Team Sonia Ielo – Francesca Olivoni taking 8th place in the Ecorally San MarinoVatican City of the FIA Alternative Energies Cup. [1] [2]

In 2010, Guangzhou Automobile Group Co. (GAC) bought 51% of Gonow. [3] Gonow announced in March 2015 that the company will start concentrating on constructing Trumpchi vehicles, raising anger from its dealers since the unsold Gonow vehicles and spare parts were mortgaged by various banks. [4]

In 2015, GAC Group announced that Gonow will be integrated into the company as a subsidiary. [5] It's been reported that the 49% stake of Gonow will be purchased and will halt further production/sales in 2016 due to problems in committing to aftermarket sales and production/delivery of its vehicles to Gonow dealers. [6]

Products

Gonow G5 Gonow Aoosed G5 02 China 2015-04-06.jpg
Gonow G5
Gonow GA200 (Troy) Gonow GA200 (Troy) front quarter.jpg
Gonow GA200 (Troy)

Katay Gonow

Former Products

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References

  1. (in Italian) Fabrizio Brunetti, Ecorally 2010: 500 km con un occhio ai consumi. Motori.it, 10-27-2010.
  2. FIA Alternative Energies Cup Archived 27 September 2011 at the Wayback Machine
  3. "Gonow marries GAC". ChinaAutoWeb.com. Archived from the original on 3 June 2020.
  4. "GAC Gonow faces ire of dealerships - Business". Chinadaily.com.cn. Retrieved 21 June 2022.
  5. "China". 27 June 2019.
  6. "GAC Gonow may stop production due to insolvency".
  7. "New Models from the 2010 Guangzhou Auto Show (5): GAC-Gonow Aoosed G5". ChinaAutoWeb.com.