Baic

BEIJING/HONG KONG/FRANKFURT (Reuters) - Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters. State-owned Beijing Automobile Group Co Ltd (BAIC), which already owns a 5% shareholding in Daimler, has started buying the German company's shares from the open market, said the sources who were briefed on the matter.

They'll make cars for other customers as well

Daimler told Geely it was still welcome to buy shares in the open market.

"The trend is definite."

Nvidia, TomTom, Ford, Daimler among them.

If BAIC is half as successful at using old Mercedes-Benz parts as FCA has been, we wonder if we'll be hearing about a Chinese Hellcat in a few years.

BAIC Motor is tipped to reveal the supercar at the Beijing Motor Show later this month.

Bay Area startup Atieva secures major backing from Chinese carmaker BAIC. The two companies plan a lineup of electric vehicles to challenge Tesla.

China-based LeTV will tout its new SEE (Super Electric Eco-system) EV at the Shanghai Motor Show next year.

Reuters reports that Chinese conglomerate BAIC is in talks to take 'a major stake' in Daimler. If a deal is done, BAIC will be one of Daimler's largest shareholders.

Touring car grids around the world have been growing at suitably rapid pace. The British Touring Car Championship has been fielding record numbers of entries, DTM and V8 Supercars both have more manufacturers participating than they have had in years, the Scandinavian Touring Car Championship has

The growing Chinese market is pushing some of the country's domestic automakers to look outside the People's Republic as a means of gaining prominence and influence across the globe. This has certainly been the case with Volvo, which was snapped up by Geely. More recent examples include Brandon Turkus

Daimler and Beijing Automotive are officially going steady, with the German company set to take a 12-percent stake in the Chinese brand tomorrow. The two are already tied up in a Mercedes engine plant in Beijing, of which BAIC will increase its stake in, from 50 to 51 percent. Daimler will also get two seats on the Chinese company's board. BAIC may also gain the ability to produce c

It looks like Beijing Automotive Industry Holding Corp. (BAIC), which was recently reported to be taking a look at unnamed European automakers for a potential acquisition, has come to this side of the Pond. The latest news is that BAIC is targeting extended-range plug

Beijing Automotive Group has said it plans to sell 400,000 units in markets outside of China by 2020. In order to accomplish this goal, the company intends to acquire a "medium-sized" European automaker with a good brand image for a takeover. Right now, Bloomberg indicates that

BAIC has officially pulled the covers off of its new Senova D Series sedan for China. The four-door is based on the old Saab 9-5 and boasts a turbocharged 2.0-liter four-cylinder engine. Local buyers can get their hands on the machine for around $22,745 at current conversion rates. Other engine options include a turbocharged 1.8-liter four cylinder as well as turbocharged 2.3-liter four-cylinder, and a

Chinese company BAIC showed up to the 2013 Shanghai Motor Show with a pair of concepts, the 500 (above) and 900 (right). And while we don't have much in the way of information about these vehicles from the People's Republic, they're still pretty neat and worthy of some attention.

After years of effort, Boston Power's lithium-ion Swing Power cells will finally find a home inside a Saab chassis. In a roundabout sort of way.

Beijing Hyundai Motor, a joint venture between South Korean automaker Hyundai and China's Beijing Automotive Industry Holding (BAIC), will reportedly unveil a production-ready electric vehicle by the end of 2011, according to local media sources in China.