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Guangzhou Automobile Group recently announced it will invest 1.7 billion yuan (277 million USD) to double the production capacity of its wholly-owned passenger car unit to 200.000 vehicles a year. The company also said it will invest another 1.15 billion yuan in product development of the Trumpchi, its own passenger car brand.
The Trumpchi brant currently consists of the Trumpchi GA5 sedan, the Trumpchi GS5 SUV, and the upcoming Trumpchi GA3 sedan. Next up is a hatchback based on the GA3.
