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Posted On: 09/27/2018 1:12:51 AM
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BAIC info: 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.
Its principal subsidiaries include the passenger car maker BAIC Motor; a military vehicle and SUV maker, BAW; and a truck, bus, and agricultural equipment maker, Foton Motor.[2] BAIC also makes Hyundai and Mercedes-branded cars for sale on the Chinese market through the Beijing Hyundai and Beijing Benz joint ventures (of BAIC Motor).
It is often ranked as the fifth or fourth-largest Chinese automaker by volume and boasts several successful passenger-car joint ventures with foreign firms. However, a significant proportion of its output is agricultural, commercial, and military vehicles.
In 2014, manufacture of 2.25 million whole vehicles made BAIC the fourth largest among domestic rivals although it placed second in terms of commercial vehicle output.[3]
Its principal subsidiaries include the passenger car maker BAIC Motor; a military vehicle and SUV maker, BAW; and a truck, bus, and agricultural equipment maker, Foton Motor.[2] BAIC also makes Hyundai and Mercedes-branded cars for sale on the Chinese market through the Beijing Hyundai and Beijing Benz joint ventures (of BAIC Motor).
It is often ranked as the fifth or fourth-largest Chinese automaker by volume and boasts several successful passenger-car joint ventures with foreign firms. However, a significant proportion of its output is agricultural, commercial, and military vehicles.
In 2014, manufacture of 2.25 million whole vehicles made BAIC the fourth largest among domestic rivals although it placed second in terms of commercial vehicle output.[3]
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