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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]

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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


Brilliance China Auto, also known as Huachen (华晨), is an automobile manufacturer based in Shenyang, Liaoning Provice in the People's Republic of China.

China Automotive Company Ltd. (C.A.C.) and Jinbei Automotive Company Ltd. are wholly owned subsidiarys of Brilliance (Huachen) China Automotive Holding Ltd. (C.B.A.), established in 1992 and incorporated in Bermuda. C.A.C. sold its rights to a limousine and a minivan project to Shenyang Jinbei Automotive Corp. Ltd., that is 51 % owned by China Brilliance.

In 2003 BMW and Brilliance signed a deal for the production of sedans in China. The new sedan division is costing Brilliance USD 500 million. Under a Technical Assistance Agreement with BMW AG, BMW will provide engineering consulting services to the production of the Zhonghua sedan. A team of engineers from BMW was stationed in Shenyang Automotive's facilities to assist in the start-up of the production processes.

In 2007, Brilliance's BS6 sedan failed a Euro NCAP crash test[1][2] performed by the ADAC in Germany, video of which was widely circulated on the Internet. Brilliance later re-designed the BS6 and re-tested it in Spain[3], where it earned 3 stars out of a possible five.

Auto Show Display And Planned Importation To US Market

In August 2008, Brilliance Auto announced that they would be featuring four of their vehicles at the 2009 North American International Auto Show in Detroit, Michigan. Brilliance plans to ship its BS6 midsize sedan, BS4 compact car, BC3 sport coupe, and FRV hatchback to Detroit in time for the January 2009 show. The company says that they are planning to sell several models in the U.S. later in 2009, although no Brilliance model currently passes U.S. safety and emissions standards, something the company says will be resolved by December 2008.[4]

Models

References

See also

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External links

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