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China's BAIC Motor reports growing revenue in 2019
Chinese automaker BAIC Motor Corp. saw its overall revenue increase by 4.26 percent year on year in 2019 to reach 501.2 billion yuan (about 72.3 billion U.S. dollars), the company said Tuesday.
January08,2020
Magna, BAIC Group to establish JV for NEVs in east China
Canadian auto supplier giant Magna International signed an agreement Wednesday with Beijing Automotive Group Co., Ltd., China's largest NEV maker and the Zhenjiang government, to build an NEV manufacturing joint venture in the city of Zhenjiang, east China's Jiangsu Province.
July25,2019
China's BAIC buys 5-percent stake in German carmaker Daimler
Chinese state-owned car-manufacturing company BAIC has acquired a 5-per-cent stake in Daimler, the German luxury carmaker said on Tuesday.
July24,2019
China carmaker BAIC buys 5 pct stake in Daimler
Chinese carmaker Beijing Automotive Group Co., Ltd. (BAIC Group) Tuesday said it has bought a 5 percent stake in German carmaker Daimler AG in a bid to strengthen long-term bilateral strategic cooperation.
July24,2019
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