Beijing Hyundai

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Beijing Hyundai Motor Co., Ltd.
Native name
 北京现代汽车有限公司
Private joint venture
Industry Automotive
Founded 18 October 2002
Headquarters Beijing, China
Area served
 China
Products Automobiles
Owner Beijing Automotive Group (50%)
Hyundai Motor Company (50%)
Number of employees
 15,000[1]
Website www.beijing-hyundai.com.cn (Chinese)
Beijing Hyundai
Simplified Chinese 北京现代
Traditional Chinese 北京現代
Literal meaning Beijing Hyundai
South Korean name
Hangul 북경현대
Hanja 北京現代

Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is joint-venture between Beijing Automotive Group and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing,[2] producing Hyundai-branded automobiles for the Chinese market.

2014 saw the company sell 1,120,000 vehicles.[3] Were it not a subsidiary such sales figures would have placed it as the sixth or seventh most-productive Chinese automaker. It did make the third most-purchased model in 2010 in China, the Elantra.[4]

History

In May 2002, Hyundai Motor and the Beijing Automotive Group signed a memorandum of understanding with the aim of creating a joint venture based around an existing Beijing factory. Hyundai begun to improve the plant's installations,[5] and on 18 October 2002 an equally owned joint venture between the two companies was established. While it was not the first arrangement between a foreign and a domestic automaker, Beijing Hyundai was the first to be approved by the Chinese government after its entry into the World Trade Organisation.[6] Beijing Hyundai initially expanded its production output through importation of key parts from South Korea and the creation of an integrated, Korean-owned supply network inside China.[7][8] As of 2012, average per year production since 2003 stands at roughly 370,000 vehicles,[9] but yearly output has grown over the lifetime of the project.[3]

Products

At least four Hyundai models have been solely sold on the Chinese market. These are: BT01, indigenously designed; Lingxiang (Chinese: 领翔), an interior-and-feature localized Sonata NF; Elantra Yuedong, a localized version of the Elantra; and Verna, a city car.[10] All are tailored to Chinese tastes. The 5th generation Elantra is sold in China as the Langdong,[11] but little localization is likely to have occurred.

  • Hyundai Verna RC sedan

  • Hyundai Elantra XD facelift front (only in China)

  • Hyundai Elantra XD facelift rear (only in China)

  • Hyundai Elantra Yuedong front (only in China)

  • Hyundai Elantra Yuedong rear (only in China)

  • Hyundai Elantra Langdong front (only in China)

  • Hyundai Elantra Langdong rear (only in China)

  • Hyundai Moinca - facelifted 4th-gen Sonata (only in China)

  • Hyundai Sonata NFC (only in China)

  • Hyundai Mistra (only in China)

  • Hyundai Mistra (only in China)

  • Hyundai Sonata VI front

  • Hyundai Sonata VI rear

  • Hyundai ix25

  • Hyundai ix35

Shouwang brand

Cheaper[12] products may be sold under a new, China-only brand name, Shouwang.[13] A concept vehicle was shown at car shows in China in 2011 and 2012, but the brand does not appear to have been launched.[14]

Production bases and facilities

As of 2013, the company has at least three production bases[11] as well as an R&D center, all of which are probably in the Linhe Industrial Development Zone of the Shunyi District, a satellite city of Beijing.[15] Two of these produce automobiles and the other, engines.[15]

Its first automobile production base was completed in 2003 and the second in April 2008.[16] Construction on a third Beijing base begun in late 2010 should be complete in the second half of 2012.[17] At least one of these facilities is 17 km from Shunyi Yangzhen.[18]

References

  1. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ For ownership and company information, see BEIJING HYUNDAI OPENS NEW PLANT, ADDS NEW MODEL Hyundai Official Site, 2008-04-11
    • For year established and production base location, see Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ 3.0 3.1 Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ Top 10 Best-Selling Sedans and SUVs in 2010 chinaautoweb.com, January 14, 2011
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Doing Business in Beijing By China Knowledge Press Pte Ltd, Page 263 (2nd Ed., "2004 Edition"- 2005)
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ For the BT01, see HYUNDAI REVEALS THREE NEW MODELS AT SHANGHAI AUTO SHOW Hyundai Official Site, 2009-04-20
  11. ↑ 11.0 11.1 Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ For 2011 appearance, see Lua error in package.lua at line 80: module 'strict' not found.
    • For 2012 appearance, see Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ 15.0 15.1 Industrial tourism to Beijing Hyundai Auto Co. Ltd Press Release, Information Center of Shunyi District Government, 2009-4-12
  16. ↑ For first production base, see Beijing Auto Manufacturing Base Press Release, Information Center of Shunyi District Government, 2009-4-10
  17. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  18. ↑ Part Overview Beijing Hainachuan Automotive Parts Co., Ltd.

External links

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