On January 10, 2025, the official account 'GAC FCA Administrator' announced that the land, buildings, and equipment of the Changsha factory would be publicly auctioned for the fifth time. The starting price for this auction is nearly 0.992 billion yuan, which is about 0.11 billion yuan lower than the last failed auction price, nearly halving from the original assessed liquidation value of 1.915 billion yuan. Since the first auction in June 2024, this asset has been publicly auctioned four times overall, all of which failed due to no bidders. The fifth auction was listed online on January 9, 2025, with the auction starting from 10:00 on January 24, 2025, to 10:00 on January 25, 2025.
广汽菲克长沙工厂流拍四次再拍卖
GAC FCA's Changsha factory has been auctioned off four times without success.
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