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BAIC Group (officially Beijing Automotive Industry Holding Co., Ltd.) is a Chinese state-owned enterprise and holding company of several automobile and machine manufacturers located in Beijing, China. With its headquarters located in Beijing and at the Turin Styling Center in Italy, and production bases all over China, BAIC Group currently has around 90,000 employees. BAIC Motor Support The Belt and Road Initiative, Beijing Hyundai Chongqing Factory Completed BAIC Motor has been very active in new energy industry and factory base construction recently. It was part of BAIC Group, itself a subsidiary of Beijing Municipal Government. 207 in the fortune Global 500. No (Y/30/13), Coner of 58th & 43rd Street , Mahar Aung Myay Township, Mandalay, Myanmar. [3] It became a listed company in December 2014. BAIC bases its cars on technology purchased from Sweden’s SAAB and from the experience that it gained from its joint venture with Hyundai and Mercedes Benz. With 55 years of constant development, BAIC Automotive Group Co., Ltd (BAIC Group) is one of the five largest automotive groups in China. Today, BAIC Group ranks No. Created by, No 74, (1)Street, Waizayadar Road, (8) Quarter, South Okkalapa Township, Yangon, Myanmar, +95 9 443 150 795, +95 95 013 988, +95 95 020 583. The H shares (foreigner share in offshore market) of the company were traded in the Hong Kong Stock Exchange. After 62 years of unremitting development, BAIC Automotive Group Co., Ltd. (BAIC Group) has become one of the five largest automotive groups in China. [4], The firm announced in March 2015 plans to extend its partnership with Daimler AG by taking a 35 percent stake in Mercedes-Benz Leasing, a China incorporated leasing company. BAIC Motor was incorporated in 2010 as a sub-holding company of BAIC Group. In 2014, BAIC Group achieved the promising results of USD 49,1544 billion in sales with 2,401,000 sold units, making BAIC Group No.5 in China’s automotive sector in terms of income and profit, and No.3 in terms of brand value. With 55 years of constant development, BAIC Automotive Group Co., Ltd (BAIC Group) is one of the five largest automotive groups in China. It was part of BAIC Group, itself a subsidiary of Beijing Municipal Government. With its headquarters located in Beijing and at the Turin Styling Center in Italy, and production bases all over China, BAIC Group currently has around 90,000 employees. After the in-depth cooperation with Daimler in new energy by investing in Beijing Benz to establish the p BAIC Motor Corporation Limited is a Chinese car manufacturer based in Beijing, China. [5], "Announcement: Moody's: Beijing Automotive Group's A3 ratings unaffected by 2015 results", "China establishes new automaker for "Beijing" brand automobiles", "Daimler-backed BAIC Motor opens flat in Hong Kong debut", "BAIC Motor to take stake in Daimler China leasing firm", http://www.hkexnews.hk/listedco/listconews/sehk/2014/1209/01958_2116584/E122.pdf, https://en.wikipedia.org/w/index.php?title=BAIC_Motor&oldid=980890946, Vehicle manufacturing companies established in 1958, Companies listed on the Hong Kong Stock Exchange, Companies owned by the provincial government of China, Pages with non-numeric formatnum arguments, Articles with dead external links from June 2020, Articles with permanently dead external links, Articles containing Chinese-language text, Articles needing cleanup from January 2020, Articles with sections that need to be turned into prose from January 2020, Articles containing potentially dated statements from December 2016, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, Shanghai-listed company, Beijing Municipal Government was indirect controlling shareholder, Shenzhen Benyuan Jinghong Equity Investment Fund, A share owner; partially owned by BAIC Capital (of, Beijing Beinei Engine Parts and Components (98.975% direct and indirectly), Beijing Beinei Motor Spare Parts Sales (100%), Beijing Mercedes-Benz Sales Service (49%), This page was last edited on 29 September 2020, at 02:44. The manufacturer sources various components of its cars from international suppliers such as Bosch and Durr from Germany. BAIC Motor Corporation Limited is a Chinese car manufacturer based in Beijing, China. The H shares (foreigner share in offshore market) of the company were traded in the Hong Kong Stock Exchange. Daimler and BAIC have worked in a strategic partnership since 2003 and in 2013 Daimler took a stake in BAIC Motor, a listed subsidiary of BAIC. As of 2010 Beijing Benz, a BAIC joint venture with German automaker Daimler AG, produces the Mercedes-Benz C-Class, E-Class, and GLK off-road vehicles for sale in China. The company provides exceptional quality and craftsmanship in its products thanks to its extensive experience and multiple technologies which it has gained from its joint ventures with global automotive manufacturers. Copyright ©2020BAIC MyanmarAll Rights Reserved. Daimler currently holds 9.55% of BAIC Motor’s shares.

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