September 20, 2014 5:14 PM ET

Automobiles

Company Overview of Beijing Automotive Group Co., Ltd.

Company Overview

Beijing Automotive Group Co., Ltd. primarily manufactures vehicles and parts in China. The company offers off-road vehicles, military off-road vehicles, light trucks, heavy trucks, buses, and other branded products. It also provides auto trade services. The company was founded in 1958 and is based in Beijing, China.

Shuang 99

Main Street

Shunyi District

Beijing,  101300

China

Founded in 1958

Phone:

86 10 8766 4009

Fax:

86 10 8766 4048

Key Executives for Beijing Automotive Group Co., Ltd.

President
Age: 50
Chief Financial Officer
Deputy General Manager
Deputy General Manager
Age: 50
Vice General Manager
Compensation as of Fiscal Year 2014.

Beijing Automotive Group Co., Ltd. Key Developments

Hella Forms Joint Venture with Beijing Automotive Industry Corp

Hella has formed a joint venture (JV) for automotive lighting products with Beijing Automotive Industry Corp. (BAIC). The new company, Beijing Hella BHAP Automotive Lighting Company has announced the operative start date of 30 April 2014 following the agreement signed between the two companies in Munich, Germany, on 26 March this year. The company is still subject to approval from the regulatory authorities and is expected to gain this in September this year. The JV is a 50:50 venture with nominal capital of EUR 30 million (USD 40.8 million).

Siemens AG and Beijing Automotive Industry Holding Co., Ltd. Forms Joint Venture

Siemens AG and Beijing Automotive Industry Holding Co. Ltd. have formed a joint venture, Beijing Siemens Automotive E-Drive System Co. Ltd., to manufacture engines for hybrid and electric vehicles in China. The JV will manufacture components for the electric drive train including power-electronics and electric motors.

Beijing Automotive Group Denies About Its Acquisition Plans

Beijing Automotive Group CO.,Ltd is not planning to make acquisition of any brands. Xu Heyi, Chairman of Beijing Automotive denied about the acquisition of a mid to high-end brand in Europe or the United States.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 16, 2014
Shandong Binzhou Bohai Piston Co., Ltd.
Merger/Acquisition
January 31, 2014
Atieva, Inc.
 

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To contact Beijing Automotive Group Co., Ltd., please visit www.baicgroup.com.cn. Company data is provided by Capital IQ. Please use this form to report any data issues.

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