Search Results for "BAIC"
BAIC, one of leading automakers in China, has launched one million units of vehicles until August 16 since acquisition of the technology platform of SAAB in 2009.
Aug. 17 , 2016BAIC Motor, one of leading automakers in the Chinese market, may reportedly invest RMB 3.6 billion yuan on establishment of a new factory with an area of 2,000 acre in south-west China.
Jul. 19 , 2016BAIC Motor Corporation., LTD. and FUJIAN Motor Industry Group Co. have signed an Equity Transaction Agreement in respect of the proposed acquisition by BAIC of the 35% equity interest in Fujian Benz Automobile Co., Ltd. held by FJMOTOR in FuZhou, China, on June 12th. As agreed in the agreement, upon completion of the Equity Transaction, BAIC and FJMOTOR will hold 35% and 15% equity interest in Fujian Benz, respectively, and Daimler Vans Hong Kong Limited will hold the remaining 50% equity interest in Fujian Benz.
Jun. 13 , 2016Since BAIC Motor released annual report that the self-owned brands had operation loss of RMB 3.34b, discussion on when the brands would break even got great attention.
May 30 , 2016