Articles Tagged with "BAIC Group"

BAIC Group takes 5% stake in Daimler AG for cooperation step-up
BAIC Group takes 5% stake in Daimler AG for cooperation step-up

Chinese state-owned automaker Beijing Automotive Group Co.,Ltd (BAIC Group) announced on July 23 it has plowed investment in Daimler AG, a Stuttgart-based auto company who owns Mercedes-Benz, to cement their long-term strategic cooperation.

Jul. 23 , 2019
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY

BAIC Group announced on July 15 via its WeChat account it vehicle sales for the first half of 2019 reached 1.109 million units, outperforming the overall auto industrial level in China by 4.6 percentage points.

Jul. 18 , 2019
BAIC Group, China Post ally on ecosystem of Mobility-as-a-Service
BAIC Group, China Post ally on ecosystem of Mobility-as-a-Service

BAIC Group signed a strategic cooperation framework agreement with China Post, a Chinese state-owned postal business operator, to make joint efforts to develop an ecosystem of Mobility-as-a-Service (MaaS) in the future.

Jul. 9 , 2019
BAIC Group ambitious to sell 2.45 million vehicles in 2019
BAIC Group ambitious to sell 2.45 million vehicles in 2019

BAIC Group sold 2.402 million vehicles throughout 2018, the automaker announced in recent days. Besides, it earned RMB480.74 billion in annual revenues with a year-on-year growth of 2.2% and RMB30.13 billion in full-year net profits.

Jan. 25 , 2019
BAIC Group, Suning.com agree cooperation on smart automobile retail
BAIC Group, Suning.com agree cooperation on smart automobile retail

BAIC Group and Suning.com, a Chinese leading online-to-offline smart retail company owned by Suning Holdings Group Co. Ltd, reached a consensus on cooperation of smart automobile retail.

Nov. 27 , 2018
BAIC Group sets up IT joint venture with four subsidiaries
BAIC Group sets up IT joint venture with four subsidiaries

BAIC Group, BAIC Motor Corporation Limited (BAIC Motor), BAIC BJEV, BAIC ROCAR and BAIC Mobility agreed to build a joint venture focusing on IT (information technology) businesses, according to an announcement released by BAIC Motor on October 30.

Oct. 31 , 2018