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Log In / Register | Jun 21, 2018

What Chinese Automobile Manufacturer GAC Can Teach Your Small Business

GAC, a prominent Chinese automobile manufacturer that has set its sights firmly on the American market, is one of the fastest growing companies in the world. They have been in the Fortune Global 500 for four years in a row. Their plans call for an annual production capacity of one million vehicles by the year 2020.

According to one of GAC Motor’s [sic] spokesmen, the company is following four fundamental principles that govern its expansion efforts. These are the principles that influence the actions the company takes as it continues its rapid growth.

These principles are:

  •         An emphasis on product quality.
  •         Resource utilization through advanced production mode.
  •         Eco-friendly development.
  •         Using their results to promote innovation within the auto industry.

Jeff Charles, Small Business Trends

Small businesses can profitably apply the four principles to their own action plan, stresses Charles.

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