The Full Wiki

More info on Brilliance Automotive

Brilliance Automotive: Wikis

Advertisements
  
  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

Brilliance China Automotive Holdings Limited,[1] (Chinese: 華晨中國汽車控股有限公司)[2] (FWB: CBA), (SEHK: 1114) is a publicly owned, Chinese investment holding company, making automobiles, automotive components and minibuses,[3] based in Liaoning province,[4] and listed on the Frankfurt and Hong Kong stock exchanges. As of 2009, it was the eighth-largest automaker in China.[5]

History

The origins of today's modern Brilliance can be traced to a state-owned auto factory, which, under the guiding hand of the infamous Yang Rong became a leading Chinese maker of mini-buses[4] during the 1990s.[6] The Chinese State continues to retain ownership in Brilliance.[5]

Alongside many Chinese automakers looking to enter the US market Brilliance has postponed such plans but has sold in Europe, however.[7]

Brands

Brilliance sells under at least seven brand names, including minibuses under the Jinbei and Granse brands, and sedans under the Zhonghua, Zunchi, Junjie, Kubao, and BMW brands.[1][8]

Advertisements

BMW

In 2003 BMW and Brilliance signed a deal for the production of sedans in China.[3] These vehicles may differ significantly from those sold in other markets under the same names. Under a Technical Assistance Agreement with BMW AG, BMW will provide engineering consulting services to the production of the Zhonghua sedan.[citation needed] At the start of the manufacturing, a team of engineers from the German company was stationed at the Shenyang facilities to assist in initialization of its production processes.[citation needed]

Subsidiaries

A list of subsidiaries can be found here

While the company also manufactures gasoline engines and certain other automotive components, such as window moldings, stamped parts and axles, etc,[9] automobile manufacture is performed by the subsidiaries Shenyang Brilliance JinBei Automobile Co Ltd[10] and BMW Brilliance Automotive Co Ltd,[11] in which Brilliance has 51%[1] and 49.5%[11] ownership, respectively.

BMW Brilliance Automotive Co Ltd manufactures BMW branded automobiles for sale in the Chinese market,[11] while Shenyang Brilliance JinBei Automobile Co Ltd products are sold under the JinBei,[12] Granse,[12] Zunchi,[13] and Junjie brands.[13]

Production bases and facilities

BMW-branded autos are made at a plant in the northeastern Chinese city of Shenyang,[5][14] officially opened on May 20, 2004.[15]

Construction of a second BMW plant is scheduled to start in 2010.[5]

Huachen Automotive Group Holdings

As of December, 2009, Huachen Automotive Group Holdings Company Limited, (Chinese: 華晨汽車集團控股有限公司) has majority ownership of Brilliance, controlling 55% of the company.[2]

European crash test

In 2007, Brilliance's BS6 sedan performed so poorly in a German ADAC crash test, earning 1 out of 5 possible stars.[16][17] Brilliance later redesigned the car and it saw better performance in a different, Spanish crash test.[18]

See also

References

  1. ^ a b c BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED (1114.HK), Full Description reuters.com
  2. ^ a b PLACING OF EXISTING SHARES BY CONTROLLING SHAREHOLDER Brilliance Official Site
  3. ^ a b General Overview Brilliance Auto Official Site
  4. ^ a b Exiled China tycoon in U.S. clean vehicle plan reuters.com, Fri Oct 16, 2009 6:50am EDT
  5. ^ a b c d BMW and China partner in $735 mln mainland expansion reuters.com, Thu Nov 12, 2009 2:13am EST
  6. ^ China 100 Richest Businesspeople: No. 3 Yang Rong forbes.com
  7. ^ China's drive into U.S. car market stalls money.cnn.com, OCTOBER 31, 2008: 6:09 AM ET
  8. ^ [http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=CBA:GR BRILLIANCE CHINA AUTOMOTIVE (CBA:Frankfurt Stock Exchange)] businessweek.com
  9. ^ Brands and Products > Automotive Components Brilliance Auto Official Site
  10. ^ Corporate Chart Brilliance Auto Official Site
  11. ^ a b c Brands and Products > BMW Sedan Brilliance Auto Official Site
  12. ^ a b Brands and Products > "JinBei" and "Granse" Minibus Brilliance Auto Official Site
  13. ^ a b Brands and Products >"Zunchi" and "Junjie" Sedan Brilliance Auto Official Site
  14. ^ About BBA BMW Brilliance Official Site
  15. ^ Plant Introduction BMW Brilliance Official Site
  16. ^ Another Chinese car flunks German crash test reuters.com, Fri Jun 22, 2007 9:28am BST
  17. ^ China Just Can't Build Quality Cars (The Auto Writer)
  18. ^ Brilliance BS6 not as lethal as before - China Car Times

External links


Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message