Beijing Automotive Group
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| Type | State-owned enterprise |
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| Industry | Automotive |
| Founded | 1958[1] |
| Headquarters | Beijing, China |
| Area served | Worldwide |
| Products | Commercial and passenger vehicles |
| Divisions | Beijing Auto Weiwang |
| Subsidiaries | BAIC Motor Beijing Automobile Works Beiqi Foton Motor |
| Website | Beijing Automotive Group |
| Beijing Automotive Group | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 北京汽车工业控股有限责任公司 | ||||||
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Beijing Automotive Group (officially Beijing Automotive Industry Holding Co Ltd) is a state-owned enterprise and holding company of several Chinese automobile and machine manufacturers, such as Beijing Automobile Works Co Ltd, etc.[2] Beijing Automotive Industry Holding Co Ltd (BAIC)'s state-run parents may include Beijing Automotive Group (BAIC Group) (Chinese: 北京汽车集团), and The Beijing State-owned Assets Management Co (Chinese: 北京市国有资产经营有限公司).[3] This can explain why BAIC companies are sometimes referred to collectively as the Beijing Automotive Group.
Commonly known by the name Beiqi or the acronym BAIC, it is thought of as the fifth-largest domestic Chinese automaker,[4] but in 2012 the company ranked 4th in terms of production volume making 3.1 million whole vehicles; half of production was classified for commercial or heavy-duty use.[5] It is difficult to determine the percentage of its manufacturing mix dedicated to consumer offerings; the number of cars counted as passenger vehicles by CAAM, a Chinese auto industry group, conflates consumer offerings and light commercial trucks and vans.
Located in Beijing, Beiqi makes Hyundai and Mercedes-branded autos for sale on the Chinese market.
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History [edit]
Founded in 1958, Beiqi companies build with Daimler-Benz and Hyundai.[6]
Beiqi 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.[7] It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%.[8] 2011 production of 1,526,300 whole vehicles made Beiqi the fifth largest, in terms of units manufactured, vehicle-maker in China that year.[9]
Saab technology transfer [edit]
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, Beiqi 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[citation needed]) for sale in China.[11]
The intellectual property bought by Beiqi 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 based on Saab technology should go on sale in 2012; the first will be the C70G or 绅宝, which may be translated as "gentleman's treasure".[13]
Southern China expansion [edit]
BAIC aims to expand in Southern China and will purchase Guangzhou Baolong (SSE: 600988) for this purpose gaining a Southern production base[14] and planning construction of two more.[15]
Electric vehicles [edit]
A trial production run of 30 electric vehicles using Saab and self-developed platforms occurred in late 2010.[16] 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.[17]
Products [edit]
BAIC has a wide product line that includes more than the buses that are its traditional manufacture.[18] Beiqi products encompass many kinds of commercial vehicles, including: agricultural machinery, construction machinery, light trucks, and military vehicles, etc.[19] 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 brand name "Beijing" has been selected for Beiqi own-brand autos, which will go on sale in 2012 although 2010 was the initial launch target.[20] Based on purchased Saab technology, these vehicles will be the first passenger cars the company has produced aside from those made by its Chinese-foreign joint ventures.[1]
To support its own brand, in 2012 Beiqi hired as a consultant former Ferrari designer Leonardo Fioravanti.[21] A concept car designed by him was on display at the 2012 Beijing Auto Show.[22]
The company has also built BAIC-branded military and civilian light trucks.[23] The Beijing Light Automobile Company (BLAC), which until 1988 had been known as the Beijing Automobile factory No. 2, built trucks since the late 1960s when production of the independently developed BJ130 began. Its introduction was slowed down considerably by the upheavals of the Cultural revolution.[24] 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.[25] BLAC went bankrupt in 2002.[24]
Operations [edit]
Along with several other production bases, four of which are in eastern China, Beiqi controls the former Guangzhou Baolong base in Southern China (most probably in Zengcheng city, Guangzhou, Guangdong province).[26] Plans exist to build two more southern production bases–one in Guangzhou, Guangdong province by 2012, and another in Chongqing.[15]
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.[27]
The company claims production bases in at least 26 Chinese cities.[28] This count most likely includes component manufacturers as well.
Joint ventures [edit]
Beiqi has several joint ventures with foreign automakers.
Beijing Hyundai [edit]
A joint venture with Korean Hyundai Motors, Beijing Hyundai Motor products sold well in 2009 and 2010.[29] New models designed for the Chinese market are due to appear.[30]
Daimler [edit]
Daimler AG makes Mercedes-Benz cars and trucks with Beiqi and has two joint ventures with the company.[31]
Car-making venture [edit]
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.[31]
Truck-making venture [edit]
Beijing Foton Daimler Automobile Co Ltd, a joint venture between Daimler-Benz and BAIC subsidiary, Beiqi Foton Motor Co Ltd, makes commercial trucks.[32]
References [edit]
- ^ a b c Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- ^ 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
- ^ China establishes new automaker for "Beijing" brand automobiles people.com.cn, September 30, 2010
- ^ For the common name Beiqi, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For the acronym, see This year’s goal of BAIC is 950,000 units, new vehicles “Beijing Brand” will be launched out next year BAIC Official Site, 2009-02-11
- For fifth-largest Chinese automaker, see Flexing engineering muscle globaltime.cn, December 22, 2010
- ^ "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.
- ^ For date established, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For joint venture with Daimler AG, see Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
- For joint venture with Hyundai, see UPDATE 1-Hyundai Motor signs deal with Chinese carmaker reuters.com, Thu Oct 21, 2010 7:36pm EDT
- ^ For Beijing Automobile Works' contribution to 2010 sales, see BAW aiming to grow into top-class global automaker globaltimes.cn, December 14, 2010
- For Beijing Hyundai contribution to 2010 sales, see The entire Beijing Automotive Group overcomes difficulties —— makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
- ^ China Car Market 101: Who Makes All Those 18 Million Cars? thetruthaboutcars.com, January 19, 2011
- ^ "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.
- ^ For attempt to purchase Saab Automobile, see "Koenigsegg — press release". Cision Wire. Retrieved 2009-09-09.
- For attempt to purchase Volvo Automobile, see SPECIAL REPORT-Saving Volvo:Geely buys brand and management test reuters.com, Thu Jul 22, 2010 10:18pm EDT
- For attempt to purchase Opel, see TIMELINE-Deals between Western and China auto firms reuters.com, Thu Jul 22, 2010 9:04am EDT
- For discussion of an asset sale with Chrysler, see Chrysler renews search for China partner: sources reuters.com, Wed Aug 26, 2009 4:27pm EDT
- For purchase of Saab technology, see China's BAIC buys Saab assets; Spyker still in talks reuters.com, Mon Dec 14, 2009 5:18am EST
- ^ What BAIC plans to build on its Saab treasures chinacartimes.com, 19 October 2010
- ^ BAIC paid $197 mln for Saab assets - paper reuters.com, Mon Dec 14, 2009 4:41pm EST
- ^ For 2012, see "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: Oct 13, 2010. pg. 19
- For C70G sales in 2012, see BAIC’s Saab-derived C70G makes its official debut in Beijing chinacartimes.com, April 24, 2012
- For Chinese name and translation, see BAIC C70 to becomes the ‘Gentlemens Treasure’ in Chinese chinacartimes.com, May 8, 2012
- ^ CORRECTED - CORRECTED-UPDATE 1-Beijing Auto to acquire Guangzhou Baolong reuters.com, Wed Aug 18, 2010 4:47am EDT
- ^ a b BAIC to invest RMB 5 bln in Baolong Auto Aug. 23, 2010 (China Knowledge)
- ^ Flexing engineering muscle globaltime.cn, December 22, 2010
- ^ For fuel subsidy, see China's fuel subsidy costs the world reuters.com, Wed Jun 4, 2008 8:08am EDT
- For Chinese automakers seeing EV opportunities, see Big bet on better battery-run cars chinadaily.com.cn, 2011-01-03
- ^ For wide product line, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site
- For bus as traditional product, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- ^
- For agricultural machinery, see Beijing Automotive Import & Export Corporation
- For construction machinery, see Beijing Automotive Import & Export Corporation
- For light trucks, see Beijing Automotive Import & Export Corporation
- For military vehicles, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site
- ^ For "Beijing" brand name, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For 2012 sales, see "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: Oct 13, 2010. pg. 19
- For 2010 as initial launch target, see This year’s goal of BAIC is 950,000 units, new vehicles “Beijing Brand” will be launched out next year BAIC Official Site, 2009-02-11
- ^ "Chinese auto group hires Ferrari car designer Fioravanti". reuters.com (Thompson Reuters). Thu April 19, 2012. Retrieved 2012-05-15.
- ^ "BAIC taking aim at the Germans with C90L luxury seda". chinacartimes.com. MAY 2, 2012. Retrieved 2012-05-15.
- ^ "Hummer-Inspired Chinese Trucks (3): BAIC Yongshi". ChinaAutoWeb.com.
- ^ a b "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.
- ^ "Beijing LAC Китай" [Beijing LAC (China)]. Книги и Каталоги (Books and Catalogues) (in Russian). За рулем. Retrieved 2011-03-31.
- ^ For four Eastern China production bases, see BAIC to invest RMB 5 bln in Baolong Auto Aug. 23, 2010 (China Knowledge)
- For former Guangzhou Baolong production base, see CORRECTED - CORRECTED-UPDATE 1-Beijing Auto to acquire Guangzhou Baolong reuters.com, Wed Aug 18, 2010 4:47am EDT
- For probable location of former Guangzhou Baolong production base, see BAIC invests $736 mln to restructure Baolong's production base gasgoo.com, August 19, 2010
- ^ For possible Hunan location, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For 2011 as start of operations and possible Guangdong location, see BAW's new production base to be completed next June globaltimes.cn, November 11, 2010
- ^ Company Beijing Automotive Industry Import and Export Corporation Official Site
- ^ For Hyundai as partner, see UPDATE 1-Hyundai Motor signs deal with Chinese carmaker reuters.com, Thu Oct 21, 2010 7:36pm EDT
- For strong 2009 sales, see Hyundai smokes the competition money.cnn.com, January 5, 2010: 9:45 AM ET
- For strong 2010 sales, see The entire Beijing Automotive Group overcomes difficulties —— makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
- ^ HYUNDAI REVEALS THREE NEW MODELS AT SHANGHAI AUTO SHOW Hyundai Official Site
- ^ a b Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
- ^ For legal name, see The entire Beijing Automotive Group overcomes difficulties—makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
- For commercial trucks and Daimler AG as partner, see Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
External links [edit]
- BAIC Official Website (Chinese)
- BAIC Official Website (English)
- (BAIEC) Beijing Automotive Import & Export Corporation
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