Haima Automobile

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Haima Automobile Co., Ltd.
Haima
Company typeState-owned
IndustryAutomotive
FoundedJanuary 1992; 32 years ago (1992-01) (as Hainan Mazda Motor Co., Ltd.)
Headquarters,
China
ProductsAutomobiles
Revenue11.21 billion yuan (US$1.77 billion)[1]
590 million yuan (US$93.22 million)[1]
Owner
Hainan Automobile Group (49%)
Hainan provincial government (51%)[2]
Websitehaima.com
Haima Automobile
Simplified Chinese海马汽车集团股份有限公司
Traditional Chinese海馬汽車集團股份有限公司
Haima
Simplified Chinese海马
Traditional Chinese海馬
Literal meaningSeahorse
Haima store in Nanjing, China

Haima Automobile Co., Ltd., trading as Haima, is a Chinese automotive manufacturing company based in Haikou, Hainan. Its principal activity is production of passenger cars for other companies.

Haima was founded in 1992 as a joint venture between the Hainan provincial government and Mazda to produce Mazda models for sale in China. In 2006, FAW acquired one share of the venture, although many Haima models still incorporate Mazda technology.

As of 2012 Haima had an annual production capacity of approximately 400,000 vehicles. A total of 157,242 Haima passenger cars were sold in China in 2013, making it the 28th largest-selling car brand in the country in that year (and the 12th largest-selling Chinese brand).[3]

In July 2021, FAW transferred 49% of the shares of FAW Haima to Hainan Development Holdings Co., Ltd. (Hainan Holdings) at no charge. Haima Automobile holds 51% of the shares in FAW Haima, while Hainan Holdings hold 49% of the shares. [4]

Name[edit]

The name "Haima" is a contraction of "Hainan Mazda".

History[edit]

The company was founded in January 1992 as Hainan Mazda Motor, a joint venture between the Hainan provincial government and Mazda to produce Mazda models for sale in China.[5] The joint venture arrangement lasted until 2006, when Mazda's share of Hainan Mazda was acquired by FAW Group,[6][7] and the company became a subsidiary of FAW.[8] While Haima retained the right to make and sell older Mazda models as well as use Mazda technology to underpin self-designed products, it was prohibited from using the Mazda marque. This doesn't necessarily mean Haima has completely severed ties to its erstwhile partner, as technology transfers may[according to whom?] continue.[7]

In August 2008 Haima began construction of a third assembly plant in Hainan, with a capacity to build of 100,000 units per year.[9] Its other two plants are likely[according to whom?] located in Haikou, Hainan, and the city of Zhengzhou; both have production capacities of 150,000 whole vehicles per year.[10]

In April 2009 Reuters reported that the company's partnership with Mazda, by then ended, had been established "to receive technological help" and that Haima was selling a car that seemed similar one of Mazda's offerings without consent.[11]

In November 2010 a plant for the assembly of knock-down kits of the Haima 3 was opened in Cherkessk, Russia by Derways Automobile Company.[8]

Announced in December 2016 that Haima to build a manufacturing plant in Bulgaria starting 2018. It will be the second Chinese company to build a factory in Europe following those of Litex Motors, the official distributor of Great Wall Motor.[citation needed]

In July 2021, FAW transferred 49% of the shares of FAW Haima to Hainan Development Holdings Co., Ltd. (Hainan Holdings) at no charge. Haima Automobile holds 51% of the shares in FAW Haima, while Hainan Holdings hold 49% of the shares.[4]

Products[edit]

Current products[edit]

Former products[edit]

Vehicles formerly produced by Haima include:

[edit]

Haima's logo represents a mythical bird flying away from a rising sun.[12]

Motorsport[edit]

Haima competes in the China Touring Car Championship through the Haima Family team.[13][14]

Sales[edit]

Calendar year Total sales
2009 118,000[15]
2010 200,000[15]
2011 230,000[15]

References[edit]

  1. ^ a b "Haima sees profits grow over 7% in 2011". Gasgoo. 17 April 2012. Archived from the original on 2 June 2013. Retrieved 15 September 2012.
  2. ^ "FAW Haima to sell 130,000 vehicles this year". Gasgoo. 26 November 2007. Archived from the original on 2 June 2013. Retrieved 15 September 2012.
  3. ^ "2013 Passenger Vehicle Sales by Brand". China Auto Web. 15 January 2014. Retrieved 31 March 2014.
  4. ^ a b "Haima automobile: China FAW transfers the equity of two subsidiary companies free of charge". EqualOcean. Retrieved 2023-02-22.
  5. ^ unknown (2003). "unknown". Automotive Engineering International. 111 (7–12): 26. {{cite journal}}: Cite uses generic title (help)
  6. ^ "Partnership with Mazda". About Haima. Haima Automobile. Archived from the original on July 18, 2012. Retrieved September 15, 2012.
  7. ^ a b "Haima ZM2, a new look and possibly new direction for Haima?". Chinacartimes.com. April 5, 2012. Archived from the original on June 8, 2012. Retrieved September 17, 2012.
  8. ^ a b Amanda Zheng (9 November 2010). "FAW Haima assembly plant in Russia goes into operation". Gasgoo. Retrieved 15 September 2012.
  9. ^ "FAW Haima Auto starts building third plant". China4Auto. 19 August 2008. Archived from the original on 19 January 2013. Retrieved 15 September 2012.
  10. ^ Klamann, Edmund (September 3, 2008). "China automaker Haima plans to triple car capacity". Thomson Reuters. reuters.com. Retrieved September 17, 2012.
  11. ^ Chang-Ran Kim and Michael Wei (April 21, 2009). "Foreign car execs see mixed threat from China brands". Thomson Reuters. reuters.com. Retrieved September 17, 2012.
  12. ^ "logo". About Haima. Haima Automobile. Archived from the original on June 16, 2012. Retrieved September 15, 2012.
  13. ^ "Team:Haima Family". China Touring Car Championship. Archived from the original on 6 April 2013. Retrieved 16 March 2013.
  14. ^ "Preview: China Touring Car Championship 2011". Touring Car Times. 7 April 2011. Retrieved 16 March 2012.
  15. ^ a b c "FAW Haima Motor". ChinaAutoWeb. Retrieved 15 September 2012.

External links[edit]