Beijing Automotive Group (officially Beijing Automotive Industry Holding Co Ltd) is a state-owned enterprise and holding company of several Chinese automobile and machine manufacturers, such as Beijing Automobile Works Co Ltd, etc. Beijing Automotive Industry Holding Co Ltd (BAIC)'s state-run parents may include Beijing Automotive Group (BAIC Group) (Chinese ??????), and The Beijing State-owned Assets Management Co (Chinese ?????????????). This can explain why BAIC companies are sometimes referred to collectively as the Beijing Automotive Group.
Commonly known by the name Beiqi or the acronym BAIC, it is thought of as the fifth-largest domestic Chinese automaker, but in 2012 the company ranked 4th in terms of production volume making 3.1 million whole vehicles; half of production was classified for commerical or heavy-duty use. It is difficult to determine the percentage of its manufacturing mix dedicated to consumer offerings; the number of cars counted as passenger vehicles by CAAM, a Chinese auto industry group, conflates consumer offerings and light commercial trucks and vans.
Located in Beijing, Beiqi makes Hyundai and Mercedes-branded autos for sale on the Chinese market.
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