Is BAIC Beijing Hyundai Motor Company?

"Beijing Automobile" should refer to "Beijing Automobile Group Corporation", which is headquartered in the southwest corner of Warwick Bridge on the East Third Ring Road. The group has three major automobile manufacturing companies in Beijing: Beijing Benz Automobile Company, Beijing Hyundai Motor Company and Beiqi Foton Motor Company, as well as auto parts companies such as Automobile Research Institute and Hainachuan. Now it is generally called "BAIC Group". This company sponsored the Beijing Men's and Women's Volleyball Club. Now the Beijing Men's Volleyball Club is called "Beiqi Foton Motor Company".