BAIC Holds Job Fair in Germany to Recruit International Auto Industry Talents

STUTTGART, Germany, May 21, 2011 /PRNewswire-Asia/ -- The Beijing Automotive Group Co., Ltd. (BAIC Group), the 5th largest automobile manufacturer in China, held its first German job fair in search of automobile industry talents today in Stuttgart. BAIC Group will hold an additional two job fairs in Munich and Aachen until May 25th. BAIC Group is targeting Master candidates from local universities and research institutions, and local professionals, hoping to hire as many as 70 top international talents to join the Company.

The job fairs are offering automobile industry talents a chance to be hired into one of several openings within 54 senior level positions at BAIC and its subsidiaries including: BAIC MOTOR Corporation Ltd. (BAIC Motor), BAIC Motor Technical Center (BMTC), BAIC Motor Electric Vehicle Co., Ltd. (BMEV) and Beijing Benz Automotive Co., Ltd. (BBAC). Apart from the 60 specialists in the finished vehicle performance, assembling technology, automotive electronics, new energy electric and other related areas, BAIC also hopes to hire 10 people majoring in vehicle engineering, engines, machinery, welding and vehicle chemicals.

BAIC Group made Germany the first step in its global recruitment plan. The plan aims at supporting the Groups' globalization strategy, allowing the Group to better compete internationally, and manage the enterprise in accordance with international standards to achieve product internationalization, management internalization, and employee and service internationalization. To reach this goal, the Group has put its global recruiting plan into motion so that large numbers of international talents can contribute to narrowing down the gap between the Group and international automobile enterprises. From 2009 to 2010, more than 20 senior management experts and technical experts from Detroit, USA and Europe took positions at BAIC Group. Today, BAIC Group has more than 180 employees with overseas working experience in its management and technical teams. Most of them used to serve in well-known automobile enterprises in Germany, the USA and Canada, and are now playing important roles in management, R&D, design, production technology and marketing at BAIC Group.

Xu Heyi, Chairman of BAIC Group said, "BAIC aims to be part of the top 15 automobile manufacturers in the world as well as one of the Fortune 500 companies by 2015. With our rapid development, BAIC Group will become an ideal platform for talents all over the world wishing to be part of an exciting industry."

About BAIC Group

Beijing Automotive Group Co., Ltd. (BAIC Group) was established in 1958 with its head office located in Beijing. With RMB 79.7 billion (about USD 12.3 billion) in assets and 58,000 employees, BAIC Group is placed among the top five Chinese automobile manufactures. In 2010, the company's sales volume was 1.5 billion with a sales revenue of RMB 158.4 billion (about USD 24.3 billion). BAIC Group owns four finished automobile manufacturing companies (BAIC MOTOR Corporation Ltd., Beiqi Foton Motor Co. Ltd., Beijing Hyundai Motor Company and Beijing Benz Automotive Co. Ltd.) and 17 subsidiaries involved in automobile parts, research and development of automobiles, clean energy vehicles, service trade and talent training in automobiles, etc. BAIC's finished automobiles are sold in over 100 countries around the world.

SOURCE Beijing Automotive Group Co., Ltd.