BAIC Group

BAIC Group

https://m.youtube.com/results?search_query=BAIC+Group

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]

History
Founded in 1958, BAIC companies build with Daimler AG and Hyundai.[4]

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.[5] It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%.[6] 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured.[7] BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.[8]

The BAIC brand name for off-road vehicles was rebranded to Beijing.[citation needed]

Saab technology transfer
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.[9] This allows it to produce older Saab models (but not brand them as Saabs[citation needed]) for sale in China.[10]

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.[11]

Cars with Saab technology were expected to go on sale in 2012[12] but didn’t debut until May 2013.[13] The first Saab-based model on sale is the C70 or 绅宝 (Shenbao), which may be translated as “gentleman’s treasure”[14] although these cars may be sold under the Senova brand name outside of China.[15]

View more – Wikipedia.org:

https://en.m.wikipedia.org/wiki/BAIC_Group