Beijing Automotive

Beijing Auto looking to acquire a brand in Europe or U.S

April 3, 2014 08:21 CET
Beijing Automotive said it wants to buy a "mid- to high-end brand" in Europe or the United States to boost its global presence and it already has candidates in mind.... Read More »

 

Daimler-backed BAIC raises IPO target to $2 billion

Jan. 17, 2014 12:07 CET
Chinese carmaker BAIC Motor, part-owned by Daimler, plans to lift its IPO target and raise $2 billion as China's auto market enjoys solid growth.... Read More »

 

Zetsche says Daimler would 'welcome' Chinese investor

Nov. 25, 2013 09:52 CET
Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.... Read More »

 

Zetsche says Daimler would 'welcome' Chinese investor

3:52 am U.S. ET | Nov. 25, 2013
Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.... Read More »

 

Daimler takes 12% stake in BAIC Motor

Nov. 19, 2013 10:56 CET
Daimler today completed its purchase of a 12 percent stake in BAIC Motor. Daimler will pay 625 million euros ($845 million) for its share in the Chinese automaker.... Read More »

 

Mercedes outlines turnaround plan for China growth

Aug. 27, 2013 08:50 CET
Mercedes will spend 2 billion euros ($2.67 billion) and launch around 20 new or upgraded car models in China over the next two years in a bid to reverse its recent struggles in the market.... Read More »

 

Beijing Auto targets 400,000 exports

June 28, 2013 12:54 CET
Beijing Auto expects to sell 400,000 vehicles cumulatively overseas by 2020. Russia is one of the company's strategic export markets.... Read More »

 

Beijing Auto eyes 3 automakers in Europe as potential takeover targets

June 22, 2013 09:19 CET
Beijing Auto is eyeing automakers in Europe as potential takeover targets. Banks have found three medium-size automakers with 'good brand image,' said Dong Haiyang, president of the company's newly established BAIC International Development Co.... Read More »

 

China's Beijing Auto eyes 3 automakers in Europe as takeover targets

3:19 am U.S. ET | June 22, 2013
Beijing Automotive Group, which builds vehicles with Daimler and Hyundai in China, started a unit to spearhead acquisitions abroad, starting with 3 potential targets in Europe.... Read More »

 

First Saab-based model released by Beijing Auto

May 11, 2013 16:04 CET
Beijing Automotive Group, which makes vehicles with Daimler and Hyundai, started selling its first sedan based on Saab technology as it prepares to list its BAIC Motor Corp. unit in Hong Kong.... Read More »

 

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