BAIC Group

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Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958,[1] it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.

The company produces and sells vehicles under its own branding, such as Arcfox, Beijing, 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); and truck, van, bus, and agricultural equipment automaker, Foton Motor.[2] A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.

History

BAIC was originally founded in 1958[3] as Beijing Automobile Works (BAW), which found success producing the Dongfanghong BJ760, a vehicle based on the Soviet GAZ-21.[4]

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.[5] It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%.[6] 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured.[7] BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.[8]

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.[9] This allows it to produce older Saab models (but not brand them as SaabsScript error: No such module "Unsubst".) for sale in China.[10]

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.[11]

Cars with Saab technology were expected to go on sale in 2012[12] but didn't debut until May 2013.[13] The first Saab-based model on sale is the Senova C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure".[14]

BAIC Group sold Beijing Automobile Manufacturing Plant in 2016.

In 2016, BAIC Group sold 2.85 million vehicles and had an operating income of 406.1 billion yuan, ranking 160th in the 2016 Fortune Global 500 list.[15]

In 2017, BAIC Group ranked 137th on the Fortune Global 500 list.[16]

In July 2019, BAIC Group acquired 5% of the shares of Daimler Group.

In December 2021, BAIC Group increased its stake in Daimler Group to 9.98%, surpassing Geely Group to become the largest shareholder of Daimler Group.

In August 2024, BAIC and Huawei's smart car technology ecological alliance "Harmony Intelligent Mobility Alliance" cooperated to launch the Stelato S9 smart flagship sedan. This is also the first model of BAIC and Huawei's joint brand Stelato.[17]

Subsidiaries

BAIC BluePark New Energy Technology Co., Ltd.

Template:Main article BAIC BluePark (北汽蓝谷) is BAIC Group's subsidiary mainly engaged in the design, research and development and sales of electric automobiles. BAIC BluePark was restructured from its current subsidiary, Beijing Electric Vehicle Co., Ltd. (BAIC BJEV). The company currently operate the brands of Arcfox and EV models of Beijing brand.[18]

BAIC Motor Corporation Co., Ltd.

Script error: No such module "Labelled list hatnote". BAIC Motor (北京汽车) is the main subsidiary of BAIC Group, it is co-owned by BAIC Group and Beijing Municipal Government.[19] It currently operate the Beijing brand

BAIC Group Off-road Vehicle Co., Ltd.

Beijing Off-road Vehicles (北京越野) used to be a department under BAIC Group, run by the fully owned subsidiary BAIC Group Off-road Vehicle Co., Ltd.[20]

In January 2020, BAIC announced the independence of Beijing Off-road brand.[21] The Beijing Off-road was independently operated, including development and sales channels, but shares the marque "BEIJING" with BAIC Motor (北京汽车) brand together. The current Beijing Off-road models badged in Chinese name "北京".

BAIC Foton Motor Co., Ltd

Script error: No such module "Labelled list hatnote". BAIC Foton (北汽福田), also known as Foton Motor or Foton, is a subsidiary of BAIC Group that designs and manufactures trucks, buses and sport utility vehicles.

Brands

Script error: No such module "Labelled list hatnote". BAIC has a wide product line that includes passenger vehicles, commercial vehicles, military vehicles and agricultural machinery and construction machinery.

The Beijing brand is the main passenger vehicle brand of BAIC, operated by multiple subsidiaries of BAIC Group according to different focus. They all share the same BEIJING badges and logos.

Arcfox

Script error: No such module "Labelled list hatnote".Script error: No such module "Labelled list hatnote". Arcfox (极狐汽车) is BAIC's premium EV brand operated by BAIC BluePark, established in 2017.

Stelato

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Stelato (Chinese: 享界) is the brand Huawei collaborates with BAIC BluePark, a subsidiary of BAIC Group.

  • Stelato S9 (2024–present), full-size sedan, BEV/EREV

Beijing (北京汽车)

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Beijing (北京汽车) is BAIC Motor's major brand, revived in 2020 after BAIC Group discontinued its Senova brand. All the former Senova vehicles were renamed to Beijing brand since then.[22] Beijing Motor will reorganize the product layout of its three major series in 2023. That is to say, it will focus on the main channel of SUVs, supplemented by sedans and crossovers, including multiple levels and multiple power sources.[23]

Beijing Off-road (北京越野)

Beijing Off-road (北京越野), operated by the fully owned subsidiary, the BAIC Group Off-road Vehicle Co., Ltd.,[21] The Beijing Off-road used to be a department of BAIC Motor, but later was acquired back into BAIC Group and independently operated since 2019. The Beijing Off-road models are badged as Chinese characters "北京"(Beijing).

The current Beijing Off-road models badged in Chinese name "北京".

BJEV/Beijing EV

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With the Beijing Electric Vehicle Co., Ltd. (BAIC BJEV) was reconsolidated into BAIC BluePark, the battery electric vehicle of Beijing brand, like Beijing EU5, Beijing EU7, are also operated by BAIC BluePark at present.

Foton

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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.[24]

Ruili

Ruili is a sub-division of BAIC. They produce their vehicles under the Doda brand.[25]

Current models

Former subsidiaries or brands

BAW

Script error: No such module "Labelled list hatnote". Beijing Automobile Works Co., Ltd. (BAW) (北汽制造), which produces light off-road vehicles, trucks, and military vehicles, used to be a subsidiary of BAIC Group but was sold to private sector since 2015.[26][27]

In June 2024, BAIC Group issued a clarification statement. The statement mentioned that Beijing Automobile Works Co., Ltd. and BAIC Group have no equity or property rights relationships.[28]

Senova

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BLAC

The Beijing Light Automobile Company (BLAC), until 1988 the Beijing Automobile Factory No. 2, started in the late 1960s when production of the independently developed BJ130 began. Its introduction was slowed considerably by the upheavals of the Cultural revolution.[29] 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, and petrol and diesel light truck engines were also produced.[30] BLAC went bankrupt in 2002.[29]

Changhe

Script error: No such module "Labelled list hatnote". In 2012, Changhe Automobile was acquired by BAIC Group and became a subsidiary. Changhe began to introduce new products based on BAIC's platforms.[31] In mid-2022 all products were discontinued and the company's website ceased to be available.[32]

Joint ventures

Like many other peers, BAIC has several joint ventures with foreign automakers—including two with Daimler AG.[33]

Beijing Hyundai

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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

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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.[34]

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.

Huansu

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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.

International investments and holdings

Mercedes-Benz Group (9.98% stake)

  • In July 2019, BAIC Group purchased a 5% stake in Daimler, which is a reciprocal shareholder in BAIC's Hong Kong listed subsidiary.[35]
  • In December 2021, Mercedes-Benz Group revealed in its announcement that BAIC Group has increased its stake of Daimler to 9.98%. According to an agreement between both parties, BAIC has confirmed to not further raise its stake in Daimler.[36]

Subsidiaries

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  • BAIC Investment (97.95%)
  • Beijing Beinei Engine Parts and Components (98.975% direct and indirectly)
    • Beijing Beinei Motor Spare Parts Sales (100%)
  • Beijing Benz Automotive (51%)
  • BAIC Motor Powertrain (100%)
  • BAIC Hong Kong Investment (100%)
  • Zhuzhou (BAIC) Motor Sales (100%)
  • BAIC Motor Sales (100%)
  • BAIC (Guangzhou) Motor (100%)
  • BAIC MB-tech Development Center (51%)

Equity investments

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  • Fujian Benz Automotive (35%)
  • Beijing Mercedes-Benz Sales Service (49%)
  • Mercedes-Benz Leasing (35%)
  • Beijing Electric Vehicle (8.5%)
  • Hyundai Top Selection U-Car (40%)
  • Beijing Hyundai Auto Finance (33%)
  • BAIC Group Finance (20%)

Sales

BAIC group sales by brand[37][38][39][40]
BAIC Bluepark BAIC Motor BAIC Off-road Foton
Year Total Arcfox Stelato Beijing[41] Beijing Off-road
2010 682,895 - - - - 682,895
2011 664,812 - - 24,415 - 640,397
2012 683,991 - - 77,561 - 606,430
2013 866,994 - - 202,280 - 664,714
2014 864,783 - - 309,648 - 555,135
2015 827,170 - - 337,102 - 490,070
2016 988,109 - - 457,082 - 531,109
2017 837,129 472[42] - 235,841 - 600,816
2018 701,754 588[42] - 156,159 - 545,007
2019 743,614 599[42] - 166,992 36,018 540,005
2020 790,241 721[42] - 81,792 27,562 680,166
2021 760,476 4,993[43] - 72,434 32,015 650,018
2022 570,681 11,895[44] - 71,897 25,689 460,126
2023 821,033 30,016[45] - 160,000 631,017
2024 872,362 81,017[46] 4,232[47] 173,000[48] 614,113

See also

References

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  1. Script error: No such module "citation/CS1".
  2. For State ownership, see BAIHC Homepage > About Beiqi > BAIHC Information Script error: No such module "webarchive". Beijing Automotive Industry Holding Co., Ltd. Official Site.
    • For Beijing Automotive Industry Holding Co Ltd holdings, see Group Structure Script error: No such module "webarchive". BAIC Official Site
  3. Script error: No such module "citation/CS1".
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  5. China Car Market 101: Who Makes All Those 18 Million Cars? thetruthaboutcars.com, January 19, 2011
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  8. For attempt to purchase Saab Automobile, see Script error: No such module "citation/CS1".
  9. What BAIC plans to build on its Saab treasures chinacartimes.com, 19 October 2010
  10. BAIC paid $197 mln for Saab assets - paper reuters.com, Mon Dec 14, 2009 4:41pm EST
  11. "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
  12. "CHINA: BAIC's Senova D series sedan goes on sale". just - auto global news. Bromsgrove.14 May 2013.
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  32. Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
  33. For legal name, see The entire Beijing Automotive Group overcomes difficulties—makes great endeavor to the quicker development Script error: No such module "webarchive". BAIC Official Site, 2009-07-20
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  40. Including Beijing(Senova), Beijing Off-road (until 2019), BAW (until 2015), Changhe/Weiwang (until 2019) Brands
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External links

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  • Script error: No such module "Official website".Script error: No such module "Check for unknown parameters".
  • (BAICIEC) Script error: No such module "webarchive". Beijing Automotive Import & Export Corporation
  • (BAW) Beijing Automobile Works Co., Ltd. (BAW)

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