Brilliance China Automotive Holdings Ltd

BCAUY · HKEX · Consumer Durables, Motor Vehicles · Founded 1992

Huachen Automotive Group Holdings Co. Ltd., known by its brand name Brilliance Auto Group, is a Chinese multinational automobile manufacturer holding company headquartered in Shenyang. Its products include automobiles, microvans, and automotive components. Its principal activity is the design, development, manufacture, and sale of passenger cars sold under the Brilliance brand. It was established by founding chairman Yang Rong. Brilliance Auto Group holds a 42.32% shareholding in the Bermuda-incorporated Brilliance China Automotive Holdings Limited (commonly known as Brilliance Auto or Brilliance China), which is listed on the Frankfurt and Hong Kong stock exchanges. Brilliance China Automotive Holdings (Brilliance Auto) previously produced "Brilliance" branded cars under manufacturing unit Brilliance Motor, which has since been sold to BMW. Brilliance Auto also holds 25% of BMW Brilliance, a joint venture with BMW which produces, distributes, and sells BMW passenger cars in mainland China. It also holds a 51% stake of Renault Brilliance Jinbei, a joint venture with Renault which designs, develops, manufactures, and sells light commercial vehicles under the Jinbei, Huasong and Renault brands. As of 2022, BMW held 100% of the shares in Brilliance Motor, and 75% of BMW-Brilliance, controlling the majority of production capacity under Brilliance. In 2010, Brilliance Auto Group and its subsidiaries had an annual production capacity of 800,000 vehicles although capacity has come online since. In 2012, the company manufactured almost 650,000 vehicles, the eighth-largest production of any Chinese vehicle maker that year. Roughly 70% of production was consumer sedans.