BAIC to build more own-brand models

BEIJING - Beijing Automotive Industry Holding Corp (BAIC), the Chinese partner of Daimler AG and Hyundai Motor Corp, plans to launch more than 20 passenger vehicle models under its own brand by 2014, mainly based on acquired core technologies from Swedish brand Saab.

The fifth-biggest Chinese auto group said during the Beijing auto show that its own-brand passenger vehicles will include a subcompact, compact, mid-sized and large-sized sedans as well as light and heavy-duty sports-utility vehicles (SUVs) and crossovers.