BAIC Motor Corporation Limited is a Chinese automaker headquartered in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

. The H shares (foreigner share in offshore market) of the company were traded in the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...

. It was part of

BAIC Group Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacture ...

, itself a subsidiary of Beijing Municipal Government.

History

BAIC Motor was incorporated in 2010 as a sub-holding company of

. It became a listed company in December 2014. The firm announced plans, in March 2015, to extend its partnership with

Daimler AG Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-B ...

by taking a 35 percent stake in Mercedes-Benz Leasing, a

leasing A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial ...

company incorporated in China.

Vehicles

Beijing is BAIC Motor's major brand, revived in 2020 after BAIC Group discontinued its Senova brand. All the former Senova vehicles were renamed to Beijing brand since then. The current Beijing models badged in English name "BEIJING".

Car

* Beijing U5/U5 Plus (2014–present), compact sedan * Beijing U7 (2013–present), mid-size sedan

SUV

* Beijing X3 (2013–present), subcompact SUV * Beijing X5 (2015–present), compact SUV * Beijing Mofang (2022–present), compact SUV * Beijing X7 (2020–present), mid-size SUV File:Beijing_U5_Plus_003.jpg, Beijing U5 Plus File:Senova Zhidao IMG001.jpg, Beijing U7 File:Beijing X3 IMG003.jpg, Beijing X3 File:Senova Zhixing 01 China 2019-03-14.jpg, Beijing X5 File:2022 Beijing X6 (front).jpg, Beijing Mofang File:Beijing X7 IMG001.jpg, Beijing X7

Joint ventures

Current joint ventures

Beijing Hyundai

Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is a 50:50 joint-venture between BAIC and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing, producing Hyundai-branded automobiles for the Chinese market. New models designed for the Chinese market are due to appear.HYUNDAI REVEALS THREE NEW MODELS AT SHANGHAI AUTO SHOW
Hyundai Official Site File:HYUNDAI CUSTO China (3).jpg, Beijing Hyundai Custo

Beijing Benz

As of 2010, Beijing Benz, a BAIC joint venture with German automaker

, 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.Daimler aims to nearly triple China sales by 2015
reuters.com, Fri Oct 22, 2010 8:12am EDT File:2022 Beijing-Mercedes-Benz E300L (front).jpg, Beijing-Mercedes-Benz E300L

Shareholders

References

External links

* * {{BAIC Group Vehicle manufacturing companies established in 1958 Manufacturing companies based in Beijing Companies listed on the Hong Kong Stock Exchange BAIC Group Car manufacturers of China Companies owned by provincial governments of China Luxury motor vehicle manufacturers Mercedes-Benz Group H shares 1958 establishments in China