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BAIC Group
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, 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. A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.
BAIC was originally founded in 1958 as Beijing Automobile Works (BAW), which found success producing the Dongfanghong BJ760, a vehicle based on the Soviet GAZ-21.
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. It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%. 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured. BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.
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[citation needed]) 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 Senova C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure".
BAIC Group sold Beijing Automobile Manufacturing Plant in 2016.
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BAIC Group
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, 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. A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.
BAIC was originally founded in 1958 as Beijing Automobile Works (BAW), which found success producing the Dongfanghong BJ760, a vehicle based on the Soviet GAZ-21.
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. It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%. 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured. BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.
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[citation needed]) 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 Senova C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure".
BAIC Group sold Beijing Automobile Manufacturing Plant in 2016.
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