baic motor corp posted a 90 increase in net profit for 2021 supported by higher overall contributions from passenger vehicles the auto makers 2021 net profit was 386 billion yuan 6062 million compared with cny203 billion the year before it said thursday night revenue declined slightly by 06 to cny17592 billion weighed by lower sales volume of its beijing benz business the board proposed a final dividend of cny016 to shareholders of the company baic motor expects chinas passenger vehicle market to continue growing at a moderate pace helped by strong demand and as chip shortages ease