Beijing Automobile Group Co., Ltd. (hereinafter referred to as BAIC Group), formerly known as Beijing Automobile Industry Holding Co., Ltd., was renamed on September 28, 20 10, and is a large state-owned enterprise in Beijing.
BAIC Group is the development planning center, capital operation center, product development center and talent center of Beijing automobile industry, and has enterprises and institutions such as vehicle manufacturing, parts manufacturing, automobile service trade, research and development, education and investment and financing. Vehicle manufacturers include Beijing Hyundai Motor Co., Ltd., Beiqi Foton Motor Co., Ltd., Beijing Benz Automobile Co., Ltd., Beijing Automobile Factory Co., Ltd. and Beijing Automotive New Energy Automobile Co., Ltd.; The core enterprises of parts development are Beijing Hainachuan Auto Parts Co., Ltd. and Beijing Automotive Powertrain Company. The core enterprise of service trade is Beijing Penglong Automobile Service Trading Co., Ltd.; It also owns Beijing Automobile Research Institute Co., Ltd., Beijing Automobile Asset Management Co., Ltd., Beijing Automobile Investment Company and Beijing Automobile Industry Senior Technical School.