Bestune

Chinese automobile brand From Wikipedia, the free encyclopedia

FAW Bestune Automobile Co., Ltd., commonly referred to as Bestune (Chinese: 一汽奔腾; pinyin: Yīqì Bēnténg), formerly known as Besturn, is an automotive marque owned by the Chinese automaker FAW Group.[1]

Native name
一汽奔腾汽车股份有限公司
FormerlyBesturn (2006–2018)
Company type
Subsidiary
IndustryAutomotive
Quick facts Native name, Formerly ...
FAW Bestune Automobile Co., Ltd.
Native name
一汽奔腾汽车股份有限公司
FormerlyBesturn (2006–2018)
Company type
Subsidiary
IndustryAutomotive
Founded2006; 20 years ago (2006)
Headquarters,
China
Area served
Worldwide
ProductsAutomobiles
Parent
  • FAW Group (86.16%)
  • FAW Equity Investment (11.87%)
  • Jiangsu Yueda Automotive Group (1.97%)
Websitehttps://benteng.faw.cn/(in Chinese)
Close

Bestune currently[when?] produces budget passenger vehicles for the FAW Group.[citation needed]

History

Bestune current badge from the Bestune T99 facelift in 2021

In 2006, the Besturn B70, which was developed and based on the Mazda 6, made its debut as the first model with the Besturn name.[2]

The second model of the brand, the Besturn B50, made its debut in 2009.[3][4]

In 2012, Bestune began to sell its vehicles in the Russian market with the B50 as the first model sold,[5][6] debuting at the 2012 Moscow International Automobile Salon.[7] It was reported to have a joint venture with Avtotor to manufacture the Besturn X80 in Russia in 2015.[8] The Besturn X80 entered manufacture in Russia in April 2017, and FAW announced that it would sell at least two to three more models by 2018.[9]

At the end of 2018, the manufacturer decided to rename Besturn's English name to Bestune.[10] The Chinese name Benteng remained unchanged.

In December 2020, FAW Group announced the restructure of FAW Bestune and FAW Jiefang. Bestune was transferred from FAW Car to FAW Corporation Limited (FAW Group) and will operate independently as a wholly owned subsidiary of FAW Group. FAW Jiefang was set as listed in the capital market.[11]

On 15 December 2022, Bestune announced the reveal of a new brand logo.[12]

In December 2022, the FAW Group announced the transfer of 17.02% FAW Jiefang share to Bestune, providing financial support to Bestune.[13]

In September 2023, Bestune announced the completion of its capital increase project, the registered capital increased from CNY 6.0 billion to CNY 8.4 billion. Yueda Automotive Group, a subsidiary of state-owned Yueda Group, became the first external investor introduced to Bestune. FAW Corporation Limited (FAW Group), FAW Equity Investment, and Yueda Automotive Group hold stakes of 86.16%, 11.87%, and 1.97%, respectively.[14]

Bestune logos history

Products

Current models

Discontinued models

Concept

  • Bestune C105 Concept (2019)
  • Bestune T99 Concept (2019)
  • Bestune B² Concept (2020)
  • Bestune Pony Concept (2023)

Sales

Below are tables showing sales of Bestune models from the last couple of years.[15]

More information Year, Sales ...
NAT
Year Sales
2021 9,118
2022 19,111
Close
More information Year, Sales ...
T99
Year Sales
2019 3,956
2020 13,054
2021 6,268
2022 2,184
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More information Year, Sales ...
T77
Year Sales
2018 10,757
2019 45,908
2020 28,344
2021 14,300
2022 10,247
Close
More information Year, Sales ...
T33
Year Sales
2019 4,999
2020 3,812
2021 7,860
Close

See also

References

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