David Pieris Automobiles partners with Chinese automotive company

by malinga
March 17, 2024 1:09 am 0 comment 948 views

Group Chairman and Managing Director, David Pieris Group of Companies, Rohana Dissanayake and Director, Southeast Asia Region, BAIC International Development Co. Ltd., Roger Hou exchange the partnership agreement at the BAIC headquarters in Beijing.

David Pieris Automobiles (Pvt) Limited (DPA), a David Pieris Group company, has entered into a partnership in Sri Lanka with Beijing Automotive Industry Holding Co., Ltd. (BAIC).

Chairman and Managing Director of the David Pieris Group, Rohana Dissanayake said, “The collaboration between David Pieris Automobiles and BAIC represents a union of two industry leaders, each with a commitment to innovation, quality, and customer satisfaction. Together, we aim to redefine the automotive landscape in Sri Lanka, offering high-quality, best in class vehicles and unparalleled after-sales support.”

BAIC is the sixth largest automobile company in China. Founded in 1958 as the Beijing Automotive Manufacturing Factory (BAMF), it has emerged as one of China’s leading and globally recognised automotive conglomerates with a rich history marked by milestones such as the development of iconic vehicles such as the Jinggangshan sedan, BJ212, and BJ130. As a key player in the Fortune 500, its parent company, Beijing Automotive Group Co., Ltd., holds the 162nd position, underlining its financial strength and market presence.

Executive Director, David Pieris Automobiles Mahesh Gunathilake said, “This partnership heralds a new era of possibilities, not only for our company but also for our customers. With access to vehicles incorporating cutting-edge technology and revolutionary designs, we will most certainly thrill automotive enthusiasts and customers alike.”

With cumulative sales exceeding 31 million units, BAIC’s products are available in over 110 countries and regions through 360 sales and service outlets underscoring the brand’s global reach and market acceptance. These include Southeast Asia, Central and West Asia, the Middle East, Africa, Central and South America, and Europe.

BAIC has been a pioneering force in China’s automotive industry, establishing joint ventures with major international players such as American Motors Corporation, Hyundai Korea, and Mercedes-Benz.

BAIC’s close affiliation with Mercedes-Benz is highlighted by its 9.98% stake in the Mercedes-Benz Group, making it the largest individual shareholder.

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