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Bestune

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Bestune
Native name
一汽奔腾
FormerlyBesturn (2006–2018)
Company typeSubsidiary
IndustryAutomotive
Founded2006; 18 years ago (2006)
Headquarters
Changchun
,
China
Area served
Worldwide
ProductsAutomobiles
ParentFAW Group (86.16%)

FAW Equity Investment (11.87%)

Jiangsu Yueda Automotive Group (1.97%)
Websitehttps://benteng.faw.cn/(in Chinese)

Bestune (Chinese: 一汽奔腾; pinyin: Yīqì Bēnténg), formerly known as Besturn, is an automotive marque owned by the Chinese automaker FAW Group.[1]

Bestune currently produces budget passenger vehicles for the FAW Group.

History

Bestune current badge from the Bestune T99 facelift in 2021

In 2006, the Besturn B70, which was developed based on Mazda 6, made its debut as the first model of Besturn brand.[2]

The second model of the brand, Besturn B50 made its debut in 2009.[3][4]

In 2012, Bestune began to sell its vehicles in the Russian market with the B50 as the first model sold,[5][6] which debuted at the 2012 Moscow International Automobile Salon.[7] It was reported to have a joint venture with Avtotor to manufacture Besturn X80 in Russia in 2015.[8] The Besturn X80 started manufacture in Russia in April 2017 and FAW announced that it would sell at least two to three more models by 2018.[9]

At the end of 2018, the manufacturer decided to rename Besturn's English name to Bestune.[10] The Chinese name Benteng remained unchanged.

In December 2020, FAW Group announced the restructure of FAW Bestune and FAW Jiefang. The Bestune was transferred from FAW Car to FAW Corporation Limited (FAW Group) and will operate independently as a wholly-owned subsidiary of FAW Group. FAW Jiefang was set to listed in the capital market.[11]

On December 15, 2022, Bestune announced the release of a new product brand logo.[12]

In December 2022, the FAW Group announced the transfer of 17.02% FAW Jiefang share to Bestune, providing financial support to Bestune.[13]

In September 2023, Bestune announced the completion of its capital increase project, the registered capital increased from CNY 6.0 billion to CNY 8.4 billion. With Yueda Automotive Group, a subsidiary of state-owned Yueda Group, became the first external investor introduced to Bestune. FAW Corporation Limited (FAW Group), FAW Equity Investment, and Yueda Automotive Group hold stakes of 86.16%, 11.87%, and 1.97%, respectively. [14]

Bestune logos history

Products

See also: List of FAW vehicles

Current models

Discontinued models

Concept

  • Bestune C105 Concept (2019)
  • Bestune T99 Concept (2019)
  • Bestune B² Concept (2020)
  • Bestune Pony Concept (2023)

Sales

Below are tables showing sales of Bestune models from the last couple of years. [15]

NAT
Year Sales
2021 9,118
2022 19,111
T99
Year Sales
2019 3,956
2020 13,054
2021 6,268
2022 2,184
T77
Year Sales
2018 10,757
2019 45,908
2020 28,344
2021 14,300
2022 10,247
T33
Year Sales
2019 4,999
2020 3,812
2021 7,860

See also

References

  1. ^ Besturn B90 Sedan spotted out testing Archived 2010-10-30 at the Wayback Machine chinacartimes.com, October 27, 2010
  2. ^ FAW Launches Besturn C301 Performance Luxury Sedan Archived September 28, 2009, at the Wayback Machine Xiao Li and Wei Xin. FAW Official Site, Sep 13, 2006
  3. ^ Besturn B90 to launch this year to be Mazda6 based Archived June 22, 2011, at the Wayback Machine chinacartimes.com, March 24, 2011
  4. ^ About Besturn Archived March 24, 2012, at the Wayback Machine FAW Car Company Official Site
  5. ^ "Chinese Auto Maker FAW Launches Car Sales in Russia".
  6. ^ "FAW-Besturn B50 is a Toyota in Russia - CarNewsChina.com". 22 February 2013.
  7. ^ "FAW will present a new sedan Besturn B50 in Moscow motor show". eng.autostat.ru.
  8. ^ "FAW to have 32 distributors in Russia - Xinhua - English.news.cn". news.xinhuanet.com.
  9. ^ "FAW has started manufacturing new models in Russia". 6 March 2017. Archived from the original on 14 September 2017. Retrieved 14 September 2017.
  10. ^ Bestune Sales Data & Trends for the Chinese Automotive Market (retrieved 12 July 2020)
  11. ^ "年赚440亿一汽整体上市新进展：奔腾独立运作打通集团支持 | 经观汽车_股份". www.sohu.com. Retrieved 19 September 2023.
  12. ^ [1] (retrieved 9 March 2023)
  13. ^ "一汽股份无偿划转一汽解放17.02%股权 助力一汽奔腾_汽车_中国网". auto.china.com.cn. Retrieved 19 September 2023.
  14. ^ 财经头条. "一汽奔腾增资完成工商变更 悦达汽车集团入股一汽奔腾". t.cj.sina.com.cn. Retrieved 19 September 2023.
  15. ^ Sales, Bestune Market. "GCBC". GCBC. Retrieved 26 October 2023.
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