BAIC Group on Fortune’s Most Admired Companies List
Date:2017-04-12 Source:www.chinatrucks.com
www.chinatrucks.com: The Beijing Automotive Industry Corporation (BAIC) Group has made it to the Fortune Magazine's 2017 list of the ‘World's Most Admired Companies’ for the first time. BAIC was ranked 13th globally and second in China in the auto industry sector list of the ‘World's Most Admired Companies’.
BAIC is a leading automotive group in China with a comprehensive portfolio of products, from passenger cars to light commercial vehicles and heavy commercial vehicles.
Fortune Magazine and the Hay Group division of Korn Ferry have partnered since 1997 to identify and rank the world's most admired companies. The Fortune World’s Most Admired Companies study surveys top executives and directors from eligible companies, along with financial analysts, to identify the companies that enjoy the strongest reputations within their industries and across industries.
The ‘Most Admired Companies’ list, one of the most credible lists in the world, is based on the opinions and voting results of 3,800 directors, executives, analysts and experts from all walks of life.
“Being ranked second among Chinese auto groups in its debut on the list proves that the BAIC Group has achieved brilliant results and an outstanding reputation in the ever-changing business environment. It also proves that the group has earned high industry recognition and enhanced its international influence through innovation and strategic transformation in recent years,” said a spokesperson for BAIC.
In 2016, BAIC Group’s key business indicators hit a new high. It made a good start in the ‘13th five-year’ period with outstanding sales and a speed faster than the other four major auto groups in China.
It achieved sales of over 2.8mn units, up 15 per cent year on year, 1.3 per cent above the industry, increasing its market share to 10.2 per cent; its operating revenues topped about US$59bn, up 17.9 per cent year on year, over-fulfilling its annual target.
Views:0
Related China Trucks News
- BAIC Launches Six Full Lineup, Totaling 35 Model Ranges 2017-08-02
- BAIC Group Exhibits at Zimbabwe International Trade Fair 2017-05-11
- BAIC South Africa Factory to Start Operation at the Year End 2017-04-07
- The First Unit of BAIC Pickup SKD Successfully Assembly in Zimbabwe 2017-03-29
- BAIC Got an Order of 1000 Semi-tractors from Myanmar 2017-03-20
- 6362 Foton Medium and Heavy Trucks Sold in August, down 32.43% 2014-09-09
- Approval of Daimler Increasing Shares in BJC 2013-08-19
- First Heavy Duty Truck of BAIC Releases in August 2013-06-08
- Construction of Huanghua Plant of BAIC Finished 2013-06-06
- MIIT to Establish EV International Standards Team in China 2013-04-28
China Trucks Advisor
Submit Your Requirements, We Are Always At Your Service.
Hot News
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
Recommended Brands[more]
Recommended Trucks[more]
China Truck Statistics
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.