BAIC |
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Country |
China |
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Parent |
- |
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Subsidiaries |
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Brands |
Beijing Auto, Senova, Foton, Changhe, Borgward |
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Location | Headquarters, R&D center
and assembly plants: Beijing |
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Sales figures |
Group sales: 2016: 2,847,000 units 2015: 2,480,000 units 2014: 2,401,000 units 2013: 2,164,000 units 2012: 1,700,898 units 2011: 1,541,000 units 2010: 1,500,000 units 2009: 1,240,000 units 2016 domestic sales by subsidiary/brand: Beijing Hyundai: 1,142,016 units Beijing Benz: 317,069 units Beijing Auto: 457,082 units BAIC Yinxiang: est 330,000 units Foton (commercial vehicles): 531,109 units 2016 domestic sales by model: Hyundai Verna (old): 116,513 units Hyundai Verna: 40,389 units Hyundai Elantra (old): 253,804 units Hyundai Elantra: 132,210 units Hyundai Mistra: 148,254 units Hyundai Sonata: 35,998 units Hyundai ix25: 113,468 units Hyundai ix35: 71,938 units Hyundai Tucson: 176,698 units Hyundai Santa Fe: 22,438 units Mercedes C-class: 105,400 units Mercedes E-class: 57,439 units Mercedes GLA-class: 66,909 units Mercedes GLK-class: 70,204 units Mercedes GLC-class: 17,096 units Suzuki Wagon R: 29,238 units Suzuki Liana: 11,756 units Beijing Auto E-series (EV): 18,587 units Senova D20: 3,071 units Senova D50: 25,210 units Senova CC: 554 units Senova D70/80: 1,034 units Senova X25: 81,359 units Senova X35: 74,182 units Senova X55: 31,298 units Senova X65: 8,372 units Yinxiang S2: 4,124 units Yinxiang S3: 98,377 units Yinxiang S6: 45,345 units Reference: http://www.baicmotor.com/en/ir/?back=1 http://www.baicgroup.com.cn/news_1.php http://www.qqbenz.com/ http://www.qichexl.com/a/xiaoliangpaixing/ |
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Introduction | BAIC (Beijing Automotive Industry Holding Co. Ltd.) is a
state-owned manufacturer established by the Beijing city government. It
is primarily known for producing Hyundai cars through a joint-venture.
Because of this relationship, the streets of the capital city are
flooded with Hyundai Elantra and Sonata taxis. Apart from Hyundai, it
also runs a JV with Daimler to produce Mercedes for the consumption of
local market. Another subsidiary, Foton, is a commercial vehicle
manufacturer. In terms of production volume, BAIC is ranked one of the top 5 car makers in China (together with SAIC, ChangAn, FAW and Dongfeng), but its own brand cars are the weakest among them. With little investment and expertise in vehicle development, it chose a short-cut by buying existing platforms and technology from the defunct Saab, including the intellectual property of the old 9-3 and 9-5. Based on the latter it developed the D-Series sedan with the help of Fioravanti (design) and some newly recruited German engineers. However, whether these outdated technologies can survive the increasingly stiff competition in the domestic market is really doubtful. |
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Brief History |
Beijing Auto was founded in 1958 to manufacture military
trucks and offroaders. Following the economic reform launched by Deng
Xiaoping, it formed the first joint-venture with AMC/Chrysler in 1984
to produce Jeep for government and civilian use. The second
joint-venture was established in 2002 with Hyundai, which quickly
became the flagship of the company, contributing to the majority of its
sales and profit. 4 years later, the Jeep factory was converted to
produce Mercedes. Senova D-series (2013) The Chinese government has intention to consolidate the nation's auto industry. Those having their own brand cars and technology are supposed to have greater chance to survive the selection. Unfortunately, BAIC realized this later than its rivals. When most rivals had already developed their own cars, BAIC was still relying on its joint-ventures. As a short-cut solution, it bought the old Smart Forfour platform (together with the Mitsubishi engine) from its partner Daimler and, probably with the help of the latter, redesigned it to be the E-series hatchback. Meanwhile, it tried to acquire the collapsing Saab from GM, but turned out getting the intellectual property rights of the old 9-3 and 9-5 rather than the brand and company. In 2013, the 9-5-based D-series executive sedan went on sale in China. Also in 2013, BAIC group absorbed the struggling Changhe Auto which produced some outdated Suzukis. In 2014, BAIC acquired the revived German brand Borgward through its subsidiary Foton. The Borgward cars are built in China. |