The Borgward brand was founded in 1929 and was a very bright automobile manufacturer, but it went bankrupt in 1961. In 2014, Foton Motor, which specializes in commercial vehicles, acquired the Borgward brand, and later released the Borgward BX7, the first new car after its resurrection, so Borgward is now a domestically produced car.

Borgward is an automobile manufacturer founded in 1929 in Bremen, Germany. At that time, Borgward was a promising automobile manufacturer with a diverse product line including passenger cars, trucks, buses and three-wheelers. It was the first to launch aerodynamic suspension and 3-speed automatic transmission, and built factories overseas. The late 1950s was Borgward's peak period, with annual sales exceeding 1 million vehicles, second only to Volkswagen and Opel at the time. However, the good times did not last long for various reasons.

In 2014, Borgward Auto was wholly owned by Beiqi Foton, the world's largest commercial vehicle group. In 2015, Borgward Auto Group was established in Beijing, China, and is now officially operating in China, Germany, Russia, India, Brazil, Mexico and other countries. Currently, the group consists of 8 core organizations and has nearly 5,500 employees, including more than 2,300 top engineers from 12 countries and 16 automobile brands. Borgward Automobile has independent forward development capabilities for complete vehicles, engines and new energy sources. It also has a complete vehicle intelligent manufacturing plant and an engine factory for the flexible production of 8 models, as well as dual production qualifications for traditional energy and new energy. Borgward is a model of domestic independent brands. Borgward is a bankrupt German car brand that was acquired by Beiqi Foton. It can be understood as a brand trademark acquired by a domestic company.

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