With 55 years of constant development, BAIC Automotive Group Co., Ltd (BAIC Group) is one of the five largest automotive groups in 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.
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. 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. 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 manufacturer sources various components of its cars from international suppliers such as Bosch and Durr from Germany.
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. Today, BAIC Group ranks No. 207 in the fortune Global 500.