Beijing Automotive Industry Holding Co. Ltd.
Native name
北京汽车工业控股有限责任公司
TypeState-owned enterprise
IndustryAutomotive
Founded1958 (1958)[1]
Headquarters99 Shuanghe Ave., Shunyi District,
Beijing
,
China
Area served
Worldwide
Key people
Xu Heyi (Chairman)
ProductsCommercial and passenger vehicles
RevenueCN¥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%)
Websitebaicgroup.com.cn
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
Literal meaningBeijing Automotive Industry Holding Co Ltd

Beijing Automotive Group Co., Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958,[2] 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, 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.[3] A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.

History

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

Subsidiaries

BAIC Motor Corporation Co., Ltd.

BAIC Motor (北京汽车) is the main subsidiary of BAIC Group, it is co-owned by BAIC Group and Beijing Municipal Government.[16] It currently operate the Beijing brand

BAIC BluePark New Energy Technology Co., Ltd.

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.[17]

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.[18]

In January 2020, BAIC announced the independence of Beijing Off-road brand.[19] 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

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

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 and Beijing brand electric cars and SUVs are currently operated by BAIC BluePark.
  • Beijing brand ICE cars, SUVs are operated by BAIC Motor.
  • Beijing brand off-road SUV are marketed as Beijing Off-road, operated by BAIC Group Off-road Vehicle Co., Ltd., The Beijing Off-road models are badged as Chinese characters "北京"(Beijing).

Arcfox

Arcfox (极狐汽车) is BAIC's premium EV brand operated by BAIC BluePark, established in 2017.

Beijing (北京汽车)

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.[20] 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.[21]

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.,[19] 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

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

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.[22]

Ruili

Ruili is a sub-division of BAIC. They produce their vehicles under the Doda brand.[23]

Current Models

Changhe

In 2012, Changhe Automobile was acquired by BAIC Group and became a subsidiary. It began to introduce products based on BAIC's platform.[24]

Former subsidiaries or brands

BAW

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.[25][26]

Senova

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.[27] 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.[28] BLAC went bankrupt in 2002.[27]

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)

  • In July 2019, BAIC Group purchased a 5% stake in Daimler, which is a reciprocal shareholder in BAIC's Hong Kong listed subsidiary. [31]
  • 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.[32]

Subsidiaries

As of 31 December 2016

  • 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

As of 31 December 2016

  • 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[33][34][35][36]
Year Total Arcfox Beijing[37] Beijing Off-road Foton
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 837,129 472 235,841 - 600,816
2018 701,754 588 156,159 - 545,007
2019 743,614 599 166,992 36,018 540,005
2020 790,241 721 81,792 27,562 680,166
2021 760,476 6,009 72,434 32,015 650,018
2022 570,681 12,969 71,897 25,689 460,126
2023 30,016 631,017

See also

References

  1. ↑ Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
  2. ↑ "Into the Biac".
  3. ↑ For State ownership, see BAIHC Homepage > About Beiqi > BAIHC Information Archived 2010-06-10 at the Wayback Machine Beijing Automotive Industry Holding Co., Ltd. Official Site.
  4. ↑ "Into The Biac". 北汽集团. Retrieved 2021-08-30.
  5. ↑ "The Beijing Auto Works Dongfanghong BJ760 Is A Beautiful Chinese-Russian Sedan | ChinaCarHistory". 2017-09-29. Retrieved 2021-08-30.
  6. ↑
  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. Archived from the original on 2012-08-20.
  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. Archived from the original on 15 January 2013. Retrieved January 15, 2013.
  10. ↑ For attempt to purchase Saab Automobile, see "Koenigsegg — press release". Cision Wire. Archived from the original on 2009-12-21. 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 become the 'Gentlemens Treasure' in Chinese". China Car Times. 8 May 2012. Archived from the original on 14 May 2012.
  16. ↑ "一文看懂北京越野，北汽蓝谷，北京汽车股权关系". finance.sina.com.cn. 2023-11-15. Retrieved 2023-12-25.
  17. ↑ "北京新能源汽车". www.bjev.com.cn. Retrieved 2023-12-25.
  18. ↑ "一文看懂北京越野，北汽蓝谷，北京汽车股权关系". finance.sina.com.cn. 2023-11-15. Retrieved 2023-12-26.
  19. 1 2 "北京越野宣布独立 全新阵容打造中国越野第一品牌-手机新浪汽车". auto.sina.cn. Retrieved 2023-09-05.
  20. ↑ "绅宝品牌将退出市场 启用全新标识_汽车_中国网". auto.china.com.cn. Retrieved 2023-09-05.
  21. ↑ ""焕新战略"三大落地，"北京"带你"悦"起来". Beijing Auto. Retrieved 2023-12-26.
  22. ↑ "RUILI ELECTRIC VEHICLES". 7 August 2018.
  23. ↑ "RUILI ELECTRIC VEHICLES". 7 August 2018.
  24. ↑ "红火一时的昌河铃木，竟落得个无人接盘的下场？". www.sohu.com. Retrieved 2023-10-02.
  25. ↑ "成立超70年！这家汽车公司被收购-面包板社区". www.eet-china.com. Retrieved 2023-04-15.
  26. ↑ "陆付军：北汽制造的新使命 | 高端访谈". www.sohu.com. Retrieved 2023-04-15.
  27. 1 2 "浴火重生BJ130综述稿" [A brief History of the BJ130]. Made in China (in Chinese). NetEase Inc. 17 August 2009. Retrieved 2011-03-31.
  28. ↑ "Beijing LAC Китай" [Beijing LAC (China)]. Книги и Каталоги (Books and Catalogues) (in Russian). За рулем. Archived from the original on 2011-08-19.
  29. ↑ Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
  30. ↑ For legal name, see The entire Beijing Automotive Group overcomes difficulties—makes great endeavor to the quicker development Archived 2011-07-07 at the Wayback Machine BAIC Official Site, 2009-07-20
  31. ↑ "China's BAIC takes 5% stake in Daimler: German carmaker". France 24. 2019-07-23. Retrieved 2024-01-10.
  32. ↑ Group, Mercedes-Benz (2021-12-13). "Daimler welcomes commitment by long-term partner BAIC". Mercedes-Benz Group. Retrieved 2024-01-10.
  33. ↑ "HOME | Automotive Industry Portal MarkLines | Portal". www.marklines.com. Retrieved 2022-12-02.
  34. ↑ "投资者关系 - 北汽蓝谷". www.bjev.com.cn. Retrieved 2023-09-05.
  35. ↑ "BAIC Motor Corporation., Ltd". www.baicmotor.com. Retrieved 2023-09-05.
  36. ↑ "北京越野销量查询，北京越野销量排名，北京越野历史销量查询 - 车主之家". xl.16888.com. Retrieved 2023-09-05.
  37. ↑ Including Beijing(Senova), Beijing Off-road (until 2019), BAW (until 2015), Changhe/Weiwang (until 2019) Brands
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