Founded in 1958, BAIC Automotive Group Co., Ltd., one of the top ten enterprises in the automobile industry, is a comprehensive enterprise integrating vehicle R&D and manufacturing/general aviation industry/auto parts manufacturing/auto service trade/auto finance
Founded in 1958, BAIC Motor Group Co., Ltd. (hereinafter referred to as "BAIC Group") is one of the major automobile groups in China, and has developed into a large state-owned automobile enterprise group covering vehicle R&D and manufacturing, general aviation industry, auto parts manufacturing, automobile service trade, investment and financing. In 2016, BAIC Group sold 2.85 million vehicles and had an operating income of 406.1 billion yuan, ranking among the top 500 companies in the world by Fortune magazine in 2016.
Since 1958, when Beijing Automobile Factory produced the first car in Beijing, the "Jinggangshan" car, BAIC Group has independently developed and produced China's first generation light off-road vehicle BJ212 and the first generation light truck BJ130, established the first vehicle manufacturing joint venture in China's automobile industry - Beijing Jeep Automobile Co., Ltd. and the first vehicle manufacturing joint venture after China's accession to the WTO - Beijing Hyundai Motor Co., Ltd., and acquired the relevant intellectual property rights of Sweden's Saab Automobile. It has created a number of firsts in China's automobile industry.
After more than 50 years of development, BAIC Group has owned its own brands such as "Beijing", "Shenbao", "Changhe" and "Foton", and has successively introduced international brands such as "Hyundai", "Mercedes-Benz" and "Suzuki".
BAIC Group has professional R&D institutions including passenger cars, off-road vehicles, commercial vehicles, new energy vehicles and powertrain technology, and has established a complete industrial chain covering auto parts, auto service trade, import and export and auto finance, realizing the strategic extension of the industry to general aviation and other fields. With Beijing as the center, BAIC Group has established eight passenger car and nine commercial vehicle production bases in more than 10 provinces and cities across the country, and vehicle plants in more than 20 countries around the world.
BAIC Group adheres to the brand concept of "Doing the Right Way and Reaching the World", takes the road of large-scale, high-end, service-oriented, internationalized and low-carbon sustainable development, strives to build a manufacturing service-oriented enterprise and an innovative enterprise, builds BAIC Group into an internationally competitive automobile manufacturer and service provider, provides people who pursue happy travel and efficient transportation with all-round solutions of technology, safety, quality and environmental protection, and becomes a leader in high-quality and beautiful travel life.
