Baic group is the abbreviation of the former "Beijing automotive industry group corporation", which was changed into the present "Beijing automotive industry holding co., LTD." in September 2000, and changed its name to "Beijing automotive group co., LTD." in November 2010.

Beijing automotive Co., Ltd. (hereinafter referred to as Beijing auto Co., Ltd) was founded in 2010 on September 28, by the Beijing automotive group Co., Ltd., Beijing Shougang Co., Ltd., Beijing state-owned assets management Co., Ltd., the modern innovation holdings Co., Ltd., Beijing state-owned assets management center and the Beijing energy investment (group) Co., Ltd. Jointly launched, the company registered capital of 5.6 billion yuan, the total number of employees more than 22000 people, is a passenger vehicle resource aggregation and Beijing auto group business development platform, is the Beijing municipal government key support for the development of enterprises. Beijing jeep has been transformed into Beijing Benz (there will be no name of Beijing jeep company in the future). Beijing Benz, Beijing hyundai and Beijing foton are all known as the "three major sectors of Beijing automobile industry" under the leadership of Beijing automobile holding co., LTD. The headquarters is located in Beijing.

In 2016, the world's top 500 enterprises ranked 160th, with an annual turnover of $54.9 billion; In 2017, the world's top 500 companies ranked 137th. In August 2016, baic ranked the 36th in the "top 500 Chinese enterprises 2016" list. No. 124 on the 2018 fortune global 500 list.