Chinese cars share the Ural roads on equal terms with the “Europeans”. However, a slight distrust of townspeople towards cars from the Middle Kingdom still remains – so to speak, for old times’ sake. This year the situation has changed: Urals residents are switching to a new Chinese brand for the region, which has been known in the world for 65 years. BAIC cars are assembled in Kaliningrad at the Avtotor plant, which previously produced BMW, General Motors, Chevrolet, Hyundai and Kia. You can buy them in Yekaterinburg at auto centers “Okami”. By the way, until the end of December the price for the model starts at one and a half million. What is so good about the cars in which the head of the People’s Republic of China took part in the parade is in the material.
The Chinese state-owned holding company, headquartered in Beijing, was founded in 1958. The brand is not well-known in Russia, but it has been confidently walking around the world for 65 years. Car production is established in 30 countries and regions, with about 80 sales points.
The company has successfully launched its own line and actively cooperates with other manufacturers. For example, Beijing Hyundai Motor Co is a joint business of BAIC Motor and Hyundai Motor for the production of passenger cars. In Beijing Benz Automotive Co, BAIC Motor and Daimler jointly invested in research, development, engine and vehicle production.
BAIC holds a strong position in international rankings. In 2013, BAIC GROUP ranked 18th among the world’s automotive companies. In 2019, the holding entered the list of the 500 largest companies in the world according to Fortune magazine for the seventh time, taking 129th place with revenue of 72.67 billion US dollars. BAIC GROUP has been on the Fortune Global 500 list for 9 years in a row, ranking among the four largest automobile companies in China.
2023-12-14 05:45:43
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