 | |
Native name | 福汽集团 |
|---|---|
| Company type | State-owned enterprises |
| Founded | 1992 |
| Headquarters | Fujian Province , |
Key people | Huang Yu (General Manager) |
| Parent | State-owned Assets Supervision and Administration Commission of Fujian Provincial People's Government |
| Divisions | Fujian Benz (50%) King Long (13%) Higer Bus |
| Website | http://www.fjmotor.com.cn/ |
The Fujian Motors Group is based in the Fujian Province, China and was founded in 1992.
Group companies include Fujian Benz (50% joint venture with Daimler AG), King Long (a bus manufacturer) (15%) and Higer Bus.
Fujian Daimler, a subsidiary of the group, will sell no less than 40% of its shares to BAIC, while the group itself and Soueast Auto will maintain the current situation and will not enter into new joint ventures.[1]
In 2012, Fujian Automobile Industry Group had an operating income of 10.26 billion yuan, of which Southeast Automobile accounted for 7.261 billion yuan, On May 16, 2013, the People's Government of Fujian Province and Dongfeng Motor Corporation signed a strategic cooperation framework agreement, Dongfeng Motor Corporation will acquire 45% of the equity of Fujian Automobile Industry Group Co., Ltd. held by the State-owned Assets Supervision and Administration Commission of Fujian Province through capital increase, At the same time, Dongfeng Motor Corporation and FAW Group will also establish an investment company to control Southeast (Fujian) Automotive Industry Co., Ltd.
- ^ "北汽10亿元收购福建戴姆勒不低于40%股权". Archived from the original on 2009-12-31. Retrieved 2009-12-28.