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BAIH meaning in General ? |
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Answer» What is Beijing Automotive Industry Holding mean? 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 Beijing Motor; military vehicle and light truck maker BAW; and 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). It is often ranked as the fifth or fourth-largest Chinese automaker by volume and boasts several successful passenger-car joint ventures with foreign firms. However, unlike peers such as SAIC Motor, a significant proportion of BAIC's output is agricultural, commercial, and military vehicles. reference nan |
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