BAIC Group (officially Beijing Automotive Industry Holding Co., Ltd.) is a Chinese state-owned enterprise and holding company of several automobile and machine manufacturers located in Beijing, China. Its principal subsidiaries include the passenger car maker BAIC Motor; a military vehicle and SUV maker, BAW; and a truck, bus, and agricultural equipment maker, Foton Motor. BAIC also makes Hyundai and Mercedes-branded cars for sale on the Chinese market through the Beijing Hyundai and Beijing Benz joint ventures (of BAIC Motor).
| In 1960s, SUV BJ212 and light truck BJ230, so called twins, were populated in the whole country. Their appearance had filled the blanks of China home-made automotive market.
In June 1st 1983, the joint venture contract concerning the foundation of Beijing Jeep Ltd. (BJC) Beijing Jeep Ltd. (BJC) was approved by the government. BJC owned registered capital of 51.03 million yuan that 68.65% of the stocks were held by Beiqi, 31.35% by AMC.
In 1984, Beijing Jeep, Ltd. (BJC) was combined with AMC, an American carmaker, to found the first joint venture company, producing middle and top class off-road vehicles. ...
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