Automotive IT News and Facts
Daimler will acquire a 12 pc stake in Beijing Automotive Group’s (BAIC) passenger car division, the first time a western carmaker invests directly in a Chinese auto group. The two companies were already working together in various areas, but the investment lays the groundwork for closer cooperation in the world’s biggest car market. Daimler will [...]
Daimler has formed a new Chinese sales operation that will market its imported as well as locally produced vehicles in the world’s largest car market. Beijing Mercedes-Benz Sales Service is a 50-50 joint venture between Daimler and its Chinese partner, BAIC. It will handle sales and marketing, aftersales, used-car and fleet sales and will responsible [...]
Hella plans to expand its Chinese activities into passenger car lighting systems by teaming up with BAIC, one of the country’s biggest automotive groups. The German automotive lighting specialist said BAIC will own 50 pc of a local lighting systems joint venture, Beijing-based Hella Beifang Automotive Lighting Co. Ltd. (HBL). Until now, Hella has mostly [...]
Beijing Automotive Group is looking for engineers in Germany. The Chinese automaker held its first German job fair in Stuttgart last week, in an effort to fill 70 senior-level positions throughout the group. It will hold an additional two job fairs in Munich and Aachen this week. BAIC, China’s fifth largest automaker, said it is [...]
Valeo and Chinese automaker Beijing Automotive Industry Corporation (BAIC) have developed an electric demo car equipped with a powertrain built by the French supplier. The two companies presented the vehicle to the Beijing governor this week as an example of the energy-saving potential of electric vehicles. Valeo, a French automotive supplier that specializes in CO2 [...]
