Guangzhou Automobile Group Co., Ltd (601238.SH), or GAC Group, sold 986,100 automobiles in the first ten months of the year, up 13.63 percent from 867,800 units in the same period of last year, the company said on Friday in a filing with the Shanghai Stock Exchange. GAC Group produced 994,100 automobiles from January to October, up 2.04 percent from 974,200 units in the same period of last year. The company's shares rose 3.21 percent in Friday's trading to close at 23.15 yuan/share.
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