BAIC Group

Beijing Automotive Industry Holding Co., Ltd.
北京汽车工业控股有限责任公司
State-owned enterprise
Industry Automotive
Founded 1958[1]
Headquarters Beijing, China
Area served
 Worldwide
Key people
 Xu Heyi, Chairman
Products Commercial and passenger vehicles
Subsidiaries BAIC Motor
Beijing Automobile Works
Beiqi Foton Motor
Beijing Hyundai (50%)
Beijing Benz (50%)
Beijing Foton Daimler Automobile (50%)
Jiangxi Changhe (70%)
Website BAIC Group
BAIC Group
Simplified Chinese 北京汽车工业控股有限责任公司
Traditional Chinese 北京汽車工業控股有限責任公司

BAIC Group (officially Beijing Automotive Industry Holding Co., Ltd.) is a Chinese state-owned enterprise and holding company of several automobile and machine manufacturers, located in Beijing, China. Its principal subsidiaries include the passenger car maker BAIC Motor, the military vehicle and SUV maker BAW, and the truck, bus and agricultural equipment maker Foton Motor.[2] BAIC's parent is the Beijing State-owned Assets Management Co (Chinese: 北京市国有资产经营有限公司).[3]

In 2014, manufacture of 2.25 million whole vehicles made BAIC the fourth largest among domestic rivals although it placed second in terms of commercial vehicle output.[4]

Through joint ventures, BAIC makes Hyundai and Mercedes-branded autos for sale on the Chinese market.

History

Founded in 1958, BAIC companies build with Daimler AG and Hyundai.[5]

BAIC was one of the top ten most-productive Chinese automakers in 2010. This may be due to subsidiary Beijing Automobile Works and a sustained surge of popularity for Beijing Hyundai products.[6] It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%.[7] 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured.[8] BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.[9]

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.[10] This allows it to produce older Saab models (but not brand them as Saabs) for sale in China.[11]

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.[12]

Cars with Saab technology were expected to go on sale in 2012[13] but didn't debut until May 2013.[14] The first Saab-based model on sale is the C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure",[15] although it is sold as the "Senova" in English.[16]

Southern China expansion

BAIC aims to expand in Southern China and will purchase Guangzhou Baolong (SSE: 600988) for this purpose gaining a Southern production base[17] and planning construction of two more.[18]

Electric vehicles

A trial production run of 30 electric vehicles using Saab and self-developed platforms occurred in late 2010.[19] China subsidies oil (an incentive for the State to encourage use and manufacture of electric cars), and Chinese automakers see opportunities in less mature electric vehicles because Western companies have yet to develop much of a lead in the technology.[20]

Products

BAIC has a wide product line that includes more than the buses that are its traditional manufacture.[21] Offerings encompass many kinds of commercial vehicles, including: agricultural machinery, construction machinery, light trucks, and military vehicles, etc.[22] As of 2010 commercial vehicle production capacity is estimated to be around 700,000 units per year.[1] Production capacity figures may consider engines and vehicles as discrete.

The company sells self-branded consumer products in addition to manufacturing in cooperation with famous name foreign firms. Based on purchased Saab technology, the cars were first offered in 2013 although sales had been expected to start in both 2012 and 2010.[23] While it also make cars with foreign partners, its self-branded vehicles were developed without oversight from a major Western car manufacturer.[1] To support its own brand, in 2012 BAIC hired as a consultant former Ferrari designer Leonardo Fioravanti,[24] and a concept car designed by him was on display at the 2012 Beijing Auto Show.[25]

BAIC-branded military and civilian light trucks have also been produced.[26]

Operations

Along with several other production bases, four of which are in eastern China, BAIC controls the former Guangzhou Baolong base in Southern China (most probably in Zengcheng city, Guangzhou, Guangdong province).[27] Plans exist to build two more southern production bases–one in Guangzhou, Guangdong province by 2012 and another in Chongqing.[18]

A planned production base will produce own-brand autos using Saab technology. It may be located in Zhuzhou, Hunan province, or at Sanxiang town, Zhongshan city, Guangdong province, and could become operational in June 2011.[28]

The company claims production bases in at least 26 Chinese cities.[29] This count most likely includes component manufacturers as well.

Current subsidiaries

BAIC Motor

Main article: Senova

BAIC Motor Co., Ltd. is a subsidiary of BAIC which manufactures passenger cars and microvans sold under the Senova (绅宝) and Weiwang (威旺) marques, respectively. Founded in 2010 and based in Beijing, Daimler AG acquired a 12% stake in BAIC Motor in November 2013.

The Senova C51X 
The BAIC Concept 900 

BAW

Main article: BAW

Beijing Automobile Works Co., Ltd. (BAW) is a subsidiary of BAIC based in Beijing which produces light off-road vehicles, trucks, and military vehicles.

A BJ2022 truck produced by BAW 

Foton Motor

Main article: Foton Motor

Beiqi Foton Motor Co., Ltd. (Foton Motor) is a subsidiary of BAIC which designs and manufactures trucks, buses, sport utility vehicles, and agricultural machinery. It is headquartered in Changping, Beijing.

Foton makes commercial trucks in a joint venture with Daimler AG,[30] called Beijing Foton Daimler Automobile Co., Ltd., which sells its products under the "Auman" brand name.[31]

A Foton truck 

Former subsidiaries

BLAC

The Beijing Light Automobile Company (BLAC), which until 1988 had been known as the Beijing Automobile factory No. 2, started in late 1960s when production of the independently developed BJ130 began. Its introduction was slowed down considerably by the upheavals of the Cultural revolution.[32] In 1984, assembly of the Isuzu Elf/NHR began (originally as the BJ136, later as the BJ1030/1040/1050 series). In 1988, a new plant for these trucks was built with aid from the Japanese, where petrol and diesel light truck engines were also produced.[33] BLAC went bankrupt in 2002.[32]

A BLAC truck 

Joint ventures

BAIC has several joint ventures with foreign automakers, including two with Daimler AG.[30]

Current joint ventures

Beijing Hyundai

Main article: 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 and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing, producing Hyundai-branded automobiles for the Chinese market.[34] New models designed for the Chinese market are due to appear.[35]

A Hyundai ix35 produced by Beijing Hyundai 
A Hyundai Sonata produced by Beijing Hyundai 

Beijing Benz

Main article: Beijing Benz

As of 2010, Beijing Benz, a BAIC joint venture with German automaker Daimler AG, makes the Mercedes-Benz C-Class and E-Class models for sale in China and seeks to make more of the models it sells in China locally.[30]

A Mercedes C-Class produced by Beijing Benz 
A Mercedes E-Class produced by Beijing Benz 

Beijing Foton Daimler

Beijing Foton Daimler Automobile Co., Ltd. is a joint venture between Daimler and BAIC subsidiary, Foton Motor which makes commercial trucks.[36]

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.

A Beijing BJ2021 produced by Beijing Jeep 

References

  1. 1 2 3 Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
  2. ↑ For State ownership, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site
    • For Beijing Automotive Industry Holding Co Ltd holdings, see Group Structure BAIC Official Site
  3. ↑ China establishes new automaker for "Beijing" brand automobiles people.com.cn, September 30, 2010
  4. ↑ "2014年11月汽车分车型前十家生产企业销量排名". caam.org.cn. China Association of Automobile Manufacturers (CAAM). 12 December 2014. Retrieved 13 December 2014.
  5. ↑ For date established, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
  6. ↑ For Beijing Automobile Works' contribution to 2010 sales, see BAW aiming to grow into top-class global automaker globaltimes.cn, December 14, 2010
  7. ↑ China Car Market 101: Who Makes All Those 18 Million Cars? thetruthaboutcars.com, January 19, 2011
  8. ↑ 2011年前十家乘用车生产企业销量排名. China Association of Automobile Manufacturers (CAAM). 2012-01-20.
  9. ↑ "2012年12月分车型前十家生产企业销量排名". China Association of Automobile Manufacturers (CAAM). 14 January 2013. Retrieved January 15, 2013.
  10. ↑ For attempt to purchase Saab Automobile, see "Koenigsegg — press release". Cision Wire. Retrieved 2009-09-09.
  11. ↑ What BAIC plans to build on its Saab treasures chinacartimes.com, 19 October 2010
  12. ↑ BAIC paid $197 mln for Saab assets - paper reuters.com, Mon Dec 14, 2009 4:41pm EST
  13. ↑ "Big hurdle for a small brand --- Beijing Auto attempts to grow out of its niche with Saab-based models and new factories." Norihiko Shirouzu. The Wall Street Journal Asia. Hong Kong: 13 Oct 2010. pg. 19
  14. ↑ "CHINA: BAIC's Senova D series sedan goes on sale". just - auto global news. Bromsgrove.14 May 2013.
  15. ↑ "BAIC C70 to becomes the ‘Gentlemens Treasure’ in Chinese". China Car Times. 8 May 2012.
  16. ↑ "Beijing Auto Launches Saab based Shenbao D". China Car Times. 13 May 2013.
  17. ↑ CORRECTED - CORRECTED-UPDATE 1-Beijing Auto to acquire Guangzhou Baolong reuters.com, Wed Aug 18, 2010 4:47am EDT
  18. 1 2 BAIC to invest RMB 5 bln in Baolong Auto Aug. 23, 2010 (China Knowledge)
  19. ↑ Flexing engineering muscle globaltime.cn, December 22, 2010
  20. ↑ For fuel subsidy, see China's fuel subsidy costs the world reuters.com, Wed Jun 4, 2008 8:08am EDT
  21. ↑ For wide product line, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site
  22. ↑
  23. ↑ For "Beijing" brand name, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
  24. ↑ "Chinese auto group hires Ferrari car designer Fioravanti". reuters.com (Thompson Reuters). April 19, 2012. Retrieved 2012-05-15.
  25. ↑ "BAIC taking aim at the Germans with C90L luxury seda". chinacartimes.com. May 2, 2012. Retrieved 2012-05-15.
  26. ↑ "Hummer-Inspired Chinese Trucks (3): BAIC Yongshi". ChinaAutoWeb.com.
  27. ↑ For four Eastern China production bases, see BAIC to invest RMB 5 bln in Baolong Auto Aug. 23, 2010 (China Knowledge)
  28. ↑ For possible Hunan location, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
  29. ↑ Company Beijing Automotive Industry Import and Export Corporation Official Site
  30. 1 2 3 Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
  31. ↑ Mr. Heyi Xu，the president of Beijing Automotive Industry Holding Co., Ltd. delivered a speech at the 2009 China (Changchun) International Automobile Forum BAIC Official Site, 2009-07-20
  32. 1 2 "浴火重生BJ130综述稿" [A brief History of the BJ130]. Made in China (in Chinese). NetEase Inc. Retrieved 2011-03-31.
  33. ↑ "Beijing LAC Китай" [Beijing LAC (China)]. Книги и Каталоги (Books and Catalogues) (in Russian). За рулем. Archived from the original on 2011-08-19.
  34. ↑ For Hyundai as partner, see UPDATE 1-Hyundai Motor signs deal with Chinese carmaker reuters.com, Thu Oct 21, 2010 7:36pm EDT
  35. ↑ HYUNDAI REVEALS THREE NEW MODELS AT SHANGHAI AUTO SHOW Hyundai Official Site
  36. ↑ For legal name, see The entire Beijing Automotive Group overcomes difficulties—makes great endeavor to the quicker development BAIC Official Site, 2009-07-20

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