Articles Tagged with "BAIC Group"

BAIC Group H1 sales up 7.6%, gross profits jump 17% year on year
BAIC Group H1 sales up 7.6%, gross profits jump 17% year on year

Chinese stated-owned automaker BAIC Group delivered a total of 1.203 million vehicles in the first half of this year with a year-on-year growth of 7.6%, according to an official report made by the group.

Jul. 10 , 2018
Suning, BAIC Group talk on possible EV, mobility cooperation
Suning, BAIC Group talk on possible EV, mobility cooperation

On June 17, Zhang Jindong, Suning Holdings Group’s chairman, and BAIC Group’s chairman Xu Heyi discussed about the development landscape of EV industry in China during Xu’s visit to Nanjing.

Jun. 20 , 2018
Geely, BAIC Group jointly deny merger discussion
Geely, BAIC Group jointly deny merger discussion

Geely Auto and BAIC Group jointly issued a statement on May 15 denying the report about a merger talk between them, saying such report is groundless and untrue. Besides, two companies also emphasized the priority to beef up independent innovation.

May 16 , 2018
BAIC Group signs agreement with Baidu to mass produce autonomous vehicles
BAIC Group signs agreement with Baidu to mass produce autonomous vehicles

BAIC Group recently signed a strategic cooperation framework agreement with Baidu to roll out mass-produced autonomous vehicles.

Oct. 16 , 2017
Yunhai Special Metals Co., Ltd. co-develops magnalium parts with BAIC Group
Yunhai Special Metals Co., Ltd. co-develops magnalium parts with BAIC Group

Nanjing Yunhai Special Metals Co., Ltd. recently signed a strategic cooperation agreement with BAIC Group

Oct. 12 , 2017
Profit of BAIC Group Slumps 59% in the first half of year
Profit of BAIC Group Slumps 59% in the first half of year

BAIC released its 2017 semi-annual performance report showing that the net profit decreases nearly 60% year-on-year in the first half of year, influenced by the RMB 3.3b deficit of Beijing brands and halving sales volume for Beijing Hyundai.

Sep. 1 , 2017