(MENAFN- Arab Times) YAHOO! FINANCE recently awarded its Innovation For The Future Award to Guangzhou Automobile Group Motor Co., Ltd. ("GAC MOTOR"). In the citation, YAHOO! FINANCE said that the grand award was presented to GAC MOTOR as it has set a new benchmark for Chinese cars. The introduction of the GS4 reflects the company's determinationto compete in the international market with it models now on par with its global rivals".
At the 2015 North American International Auto Show, GAC MOTOR showcased 3 models of international competitiveness, attracting coverage from 20 leading media from around the world, including The Detroit Free Press, The Boston Post, Examiner and The Huffington Post. All these media see GAC MOTOR as the most promising Chinese automaker to become a world-class brand and an important symbol that Chinese auto brands have reached the high end of the auto industry.
Meanwhile, Forbes recently published an article entitled 4 Things US Business Owners Can Learn From Their Counterparts Around The World, reminding US businesses to pay attention to their Chinese counterparts which are now striving to go global and lavishly praising Chinese enterprises' extraordinary adaptability. The article especially used GAC MOTOR's global launch of GS4 SUV at the 2015 Detroit Auto Show as an example to show how Chinese businesses are not satisfied with operations on their home ground and often plan from inception to be more ambitious in their global strategies.
As for the topic of adaptability, Forbes once asked GAC MOTOR's General Manager Song Wu to learn more about strategies for the global market. Mr. Wu shared with Forbes how GAC MOTOR has adopted a constant adaptive strategy to be successful in the international space. Year over year GAC MOTOR's sales growth has been exponential, and its success is founded on what is called "positive development". By constantly learning from consumers, integrating the newest technologies while sticking to its existing system and platform, GAC MOTOR has gained a sustainable competitive advantage. In other words, GAC MOTOR adapts based on the marketplace, not because there is a trendy new technology. It only applies the innovations that consumer research suggests will matter most.
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