About BAIC Motor
A Brief History of the BAIC Motor
Direction of the activity: production of the
Beijing Automotive Group Co., Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958.
BAIC Motor is a leading passenger car manufacturer and service provider in China and one of passenger car enterprises that own best brand layout and business system within the industry. We have a wide range of brands, from JV luxury passenger cars, JV luxury commercial vehicles, JV middle-end and high-end passenger cars, to passenger cars of self-owned brands, making us capable of maximum satisfaction to different demands from diverse consumers.
Founded in September 2010, BAIC Motor is the platform of Beijing Automotive Group Co., Ltd (BAIC Group) for complete passenger car resource integration and business development, and is one of enterprises to which the Beijing municipal government offers focused support. BAIC Motor completed its IPO of H Shares on 19 December 2014 and went public in the Main Board of the Stock Exchange of Hong Kong Limited (SEHK) (H Shares name: BAIC Motor; H Shares Code: 1958).
BAIC Motor has a diverse range of business sectors, from R&D, manufacturing, sales and after-sales service for passenger cars, production of passenger car core components, automotive finance, to other related businesses. We are also constantly extending our industrial chain and improving our brand strength.
BAIC Motor runs its passenger car business through four complete vehicle sectors - BJ Brand, Beijing Benz, Beijing Hyundai and Fujian Benz.
The company produces and sells vehicles under its own branding, such as Arcfox, Beijing, BAW, Changhe, Foton Motor, Ruili Doda, as well as under foreign-branded joint ventures such as Beijing-Benz and Beijing-Hyundai. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Arcfox. Its principal subsidiaries include the passenger car maker BAIC Motor (44.98% share); military vehicle and light truck maker BAW; and truck, bus, and agricultural equipment maker, Foton Motor.
A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.
Saab technology transfer
After several unsuccessful attempts to buy struggling European automakers in 2009, such as Saab, Volvo, and Opel as well as technology from the American Chrysler, BAIC fulfilled its aim of obtaining valuable Western technology that same year purchasing technology from a former unit of General Motors, Saab Automobile. This allows it to produce older Saab models (but not brand them as Saabs) for sale in China.
The intellectual property bought by BAIC includes the rights to three overall vehicle platforms, Saab 9-3 and Saab 9-5 technologies, two engine technologies, and two transmission systems.
Cars with Saab technology were expected to go on sale in 2012 but didn't debut until May 2013. The first Saab-based model on sale is the C70 or (Shenbao), which may be translated as "gentleman's treasure".
BAIC has a wide product line that includes more than the buses that are its traditional manufacture. Offerings encompass many kinds of commercial vehicles, including: agricultural machinery, construction machinery, light trucks, and military vehicles, etc. As of 2010, commercial vehicle production capacity is estimated to be around 700,000 units per year. Production capacity figures may consider engines and vehicles as discrete.
The company sells self-branded consumer products in addition to joint-venture developed vehicles under the brands of foreign manufacturers Hyundai Motor Company and the Mercedes-Benz Group. BAIC-branded military and civilian light trucks have also been produced.
Beijing Lite R300
Zip Code： 101300 99 Shuanghe Avenue, Shunyi District, Beijing, China
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