BAIC Group

Last updated
Beijing Automotive Group Co., Ltd.
Native name
北京汽车集团有限公司
FormerlyBeijing Automotive Industry Corporation Group
Company type State-owned enterprise
Industry Automotive
Founded1958;66 years ago (1958) [1]
Headquarters99 Shuanghe Ave., Shunyi District, ,
China
Area served
Worldwide
Key people
Zhang Jianyong (Chairman)
ProductsCommercial and passenger vehicles
Revenue CN¥480,738,070,000
OwnerBeijing Municipal Government
Subsidiaries
BAIC Motor (44.98%)
Beijing Benz (51%)
Beijing Hyundai (50%)
Beiqi Foton Motor
Beijing Foton Automotive(50%)
Jiangxi Changhe (70%)
Website baicgroup.com.cn

Joint ventures

Like many other peers, BAIC has several joint ventures with foreign automakers—including two with Daimler AG. [29]

Beijing Hyundai

Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is a 50:50 joint-venture between BAIC Motor and Hyundai Motor Company.

Beijing Benz

The Beijing Benz is joint venture between BAIC Motor and German automaker Daimler AG.

Beijing Foton Daimler

Beijing Foton Daimler Automobile Co., Ltd. is a joint venture between Daimler and a BAIC subsidiary, Foton Motor, which makes commercial trucks. [30]

Huansu

Huansu is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group from Chongqing.

Weiwang

Weiwang is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group from Chongqing.

Former joint ventures

Beijing Jeep

Beijing Jeep Corporation became China's first Sino-western automotive joint venture when it was established in 1984 with American Motors Corporation. Beijing Jeep subsequently became Beijing Benz-DaimlerChrysler Automotive Co Ltd and then Beijing Benz Automotive Co Ltd.

International investments and holdings

Mercedes-Benz Group (9.98% stake)

Subsidiaries

As of 31 December 2016

Equity investments

As of 31 December 2016

Sales

BAIC Group
Simplified Chinese 北京汽车集团有限公司
Traditional Chinese 北京汽車集團有限公司
Literal meaningBeijing Automotive Group Co Ltd
Transcriptions
Standard Mandarin
Hanyu Pinyin Běijīng qìchē jítuán yǒuxiàn gōngsī
BAIC group sales by brand [33] [34] [35] [36]
YearTotal Arcfox Beijing [37] Beijing Off-road Foton
2010682,895---682,895
2011664,812-24,415-640,397
2012683,991-77,561-606,430
2013866,994-202,280-664,714
2014864,783-309,648-555,135
2015827,170-337,102-490,070
2016988,109-457,082-531,109
2017837,129472235,841-600,816
2018701,754588156,159-545,007
2019743,614599166,99236,018540,005
2020790,24172181,79227,562680,166
2021760,4766,00972,43432,015650,018
2022570,68112,96971,89725,689460,126
2023821,03330,016160,000631,017

See also

Related Research Articles

<span class="mw-page-title-main">Mercedes-Benz Group</span> German multinational automotive company

The Mercedes-Benz Group AG is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie., the world's oldest car company, and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon the acquisition of American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck.

<span class="mw-page-title-main">Beijing Benz</span> Automotive manufacturing company

Beijing Benz is an automotive manufacturing company headquartered in Beijing, China, and a joint venture between BAIC Motor and Mercedes-Benz Group.

<span class="mw-page-title-main">Foton Motor</span> Vehicle manufacturing company based in Changping, Beijing, China

Beiqi Foton Motor Co., Ltd., known as Foton Motor or Foton, is a Chinese company that designs and manufactures trucks, buses and sport utility vehicles. It is headquartered in Changping, Beijing, and is a subsidiary of the BAIC Group.

Beijing Automobile Works Co., Ltd. (BAW) is a Chinese car manufacturer based in Qingdao. It used to be a subsidiary of BAIC Group but was sold to private sector since 2015. BAW started off producing light off-road vehicles and trucks, and nowadays, BAW produces civilian as well as military vehicles.

Beiqi may refer to:

The Fujian Motors Group is based in the Fujian Province, China and was founded in 1992.

<span class="mw-page-title-main">BAIC Motor</span> Chinese car manufacturer

BAIC Motor Corporation Limited is a Chinese automaker headquartered in Beijing. The H shares of the company were traded in the Hong Kong Stock Exchange. It was part of BAIC Group, itself a subsidiary of Beijing Municipal Government.

The Yinxiang Group (银翔) is an industrial company based in Chongqing, China, specializing in real estate and research, development, manufacturing and sales of motorcycles, passenger vehicles, gasoline engines and general-purpose engines and equipment.

<span class="mw-page-title-main">Beijing BJ80</span> Chinese mid-size luxury SUV

The Beijing Auto BJ80 is a mid-size four-wheel-drive luxury SUV manufactured by BAIC Motor starting in November 2016 under Beijing Auto Works (BAW), a subsidiary of Beijing Auto Industry Corporation (BAIC).

<span class="mw-page-title-main">BJEV EC3</span> Chinese automobile

The BJEV EC3 is an all-electric car manufactured by BAIC Motor Electric Vehicle Co Ltd. The maker is a wholly owned subsidiary of BAIC Group. The BJEV EC180 made its first public appearance at the 2016 Guangzhou Auto Show in China and, as of November 2016, was to be launched on the Chinese auto market in the first quarter of 2017. It was originally BJEV EC180 from the BJEV EC series.

<span class="mw-page-title-main">Huansu H2</span> Motor vehicle

The Huansu H2 is a mini MPV produced by Huansu, a brand of the Chongqing Bisu Automotive Corporation, which is closely related to Beiqi-Yinxiang, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group.

<span class="mw-page-title-main">Joylong iFly</span> Motor vehicle

The Joylong iFly is a minivan produced by the Chinese automaker Jiangte Joylong Automobile since 2014. It is available as a seven-seater with petrol and electric versions available.

<span class="mw-page-title-main">Arcfox</span> Chinese EV brand

Arcfox (极狐) is a Chinese marque of electric passenger cars and SUV owned by BAIC BluePark based in Beijing founded in 2017.

Xu Heyi is a former Chinese executive and politician of Hui ethnicity who served as chairman of BAIC Group. He was investigated by China's top anti-graft agency in March 2023.

<span class="mw-page-title-main">BAIC BluePark</span> Chinese electric vehicle manufacturer

BAIC BJEV, formerly known as BAIC BluePark, is BAIC Group's subsidiary mainly engaged in the design, research and development and sales of electric automobiles. The company currently operate the brands of Arcfox and EV models of Beijing brand.

Shenzhen Yinwang Intelligent Technology Co., Ltd, or trade as "Yinwang" is a company of Huawei which specialized in providing parts and hardware and software solutions for automotive manufacturers. The company was formerly known as Huawei Intelligent Automotive Solution, the automobile business unit of Huawei.

There are currently about 150 active brands in the Chinese automobile market. Among them are 97 Chinese domestic brands and 43 joint venture (JV) brands. Before 2010, the traditional "Big Four" refers to the four major state-owned car manufacturers, SAIC, FAW, Dongfeng and Changan. Other Chinese car manufacturers, both from public and private sectors, like Geely, BAIC, BYD, Chery, GAC, Great Wall, JAC and Seres emerged as the major players with the expansion of Chinese automotive industry.

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  36. Including Beijing(Senova), Beijing Off-road (until 2019), BAW (until 2015), Changhe/Weiwang (until 2019) Brands