Type | Private joint venture |
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Founded | 18 October 2002 |
Headquarters | Beijing, China |
Area served | China |
Industry | Automotive |
Products | Automobiles |
Owner(s) |
Beijing Automotive Group (50%) Hyundai Motor Company (50%) |
Employees | 6,300 |
Website | beijing-hyundai.com.cn (Chinese) |
Beijing Hyundai | |||
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Traditional Chinese | 北京現代 | ||
Simplified Chinese | 北京现代 | ||
Literal meaning | Beijing Hyundai Motor Co., Ltd. | ||
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Beijing Hyundai Motor Co Ltd is an automobile manufacturing company headquartered in Beijing, China, and is a 50:50 joint-venture between Beijing Automotive Group and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing,[1] producing Hyundai-branded automobiles for the Chinese market.
2010 saw the company sell 700,000 vehicles.[2] Were it not a subsidiary such sales figures would have placed it as the sixth or seventh most-productive Chinese automaker. It did make the third most-purchased model in 2010 in China, the Elantra.[3]
History[]
The company may initially have imported components rather than relying on local suppliers.[4]
Products[]
At least three Hyundai models are solely sold on the Chinese market. The BT01, indigenously designed; Lingxiang (
), an interior-and-feature localized Sonata NF; and Yuedong, a localized version of the Elantra.[5] All are tailored to Chinese tastes.
Models[]
- 2011
- Accent
- Elantra
- i30
- ix35 SUV
- Moinca
- Santa Fe SUV
- Sonata
- Beijing-Hyundai Tucson SUV
- Verna
Shouwang brand[]
Cheaper[6] products will soon be sold under a new, China-only brand name, Shouwang.[7] Its first model is based on an older Hyundai Elantra.[8]
Production bases and facilities[]
As of 2009, the company has at least three production bases as well as an R&D center, all of which are probably in the Linhe Industrial Development Zone of the Shunyi District, a satellite city of Beijing.[9] Two of these produce automobiles and the other, engines.[9]
Its first automobile production base was completed in 2003 and the second in April 2008.[10] Construction on a third Beijing base begun in late 2010 should be complete in the second half of 2012.[11] At least one of these facilities is 17 km from Shunyi Yangzhen.[12]
External links[]
References[]
- ↑ For ownership and company information, see BEIJING HYUNDAI OPENS NEW PLANT, ADDS NEW MODEL Hyundai Official Site, 2008-04-11
- For year established and production base location, see "Industrial tourism to Beijing Hyundai Auto Co. Ltd". Information Center of Shunyi District Government (2011-09-15). Retrieved on 05/26/12.
- ↑ Hyundai sells 1M cars in China joongangdaily.com, January 03, 2011
- ↑ Top 10 Best-Selling Sedans and SUVs in 2010 chinaautoweb.com, January 14, 2011
- ↑ Doing Business in Beijing By China Knowledge Press Pte Ltd, Page 263 (2nd Ed., "2004 Edition"- 2005)
- ↑ For the BT01, see HYUNDAI REVEALS THREE NEW MODELS AT SHANGHAI AUTO SHOW Hyundai Official Site, 2009-04-20
- For the Lingxiang see, Hyundai Motor World: Hyundai Motor Participates in Auto Guangzhou 2008; Ling Xiang (领翔), the NF Sonata model for China, is unveiled for the first time at Auto Guangzhou 2008 Hyundai Official Site, First Quarter 2009, Vol.17 No.62
- For the Yuedong, see BEIJING HYUNDAI OPENS NEW PLANT, ADDS NEW MODEL Hyundai Official Site, 2008-04-11
- ↑ "Hyundai to launch new sub brand in November", Chinacartimes (OCTOBER 12, 2011). Retrieved on 02/02/2012.
- ↑ "Short Torque", China Daily (2011-11-28).
- ↑ "Hyundai’s first Shou Wang sedan is old Elantra", Chinacartimes (JANUARY 12, 201). Retrieved on 02/02/2012.
- ↑ 9.0 9.1 Industrial tourism to Beijing Hyundai Auto Co. Ltd Press Release, Information Center of Shunyi District Government, 2009-4-12
- ↑ For first production base, see Beijing Auto Manufacturing Base Press Release, Information Center of Shunyi District Government, 2009-4-10
- For second production base, see BEIJING HYUNDAI OPENS NEW PLANT, ADDS NEW MODEL Hyundai Official Site, 2008-04-11
- ↑
- ↑ Part Overview Beijing Hainachuan Automotive Parts Co., Ltd.
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