Beijing Automotive Group announced its 2023 operating performance today, with data showing that the group’s total vehicle sales exceeded 1.708 million units in 2023, an increase of 17.6% year-on-year.
In 2023, BAIC Group’s self-owned passenger car sales reached 190,000 units, a year-on-year increase of 69.1%; self-owned commercial vehicle sales reached 634,000 units, a year-on-year increase of 36.7%; and exports reached 190,000 units, a year-on-year increase of 73.5%. In terms of revenue, BAIC Group achieved operating income of 480.3 billion yuan in 2023, with a production value of 292.4 billion yuan in Beijing. By comparison, BAIC Group’s operating income was 450.7 billion yuan in 2022, an increase of 29.6 billion yuan in 2023. BAIC Group has five major brands including Arcfox, Beijing Automotive, Beijing Benz, Beijing Hyundai, and BAIC Foton. Currently, the official has not disclosed the profitability of each business segment.
In December 2023, BAIC Group delivered a total of over 192,000 new vehicles, a year-on-year increase of 51.75% and a month-on-month increase of 33.04%. IT Home summarized the performance of BAIC’s five major brands in December: Polestar delivered over 8,000 vehicles in December, setting a new record and a month-on-month increase of 107.95%; BAIC Motor delivered over 27,000 vehicles in December, a month-on-month increase of 75.69% and a year-on-year increase of 56.02%, with overseas sales exceeding 6,000 vehicles; BAIC Foton’s sales exceeded 64,000 vehicles in December, a year-on-year increase of 78.55%; Beijing Benz claimed a “steady increase” in December deliveries, with the official launch of the new long-wheelbase E-Class and approval for conditional autonomous driving testing in Beijing; Beijing Hyundai delivered over 34,000 vehicles in December, a year-on-year increase of 38.03% and a month-on-month increase of 51.29%, with the 12 millionth product rolling off the line. Ad statement: The links contained in the text are for external redirection, to provide more information and save selection time. The results are for reference only, and this statement is included in all articles by IT Home.