Foton and Daimler joint venture aims overseas market
On Aug 7, Foton and Daimler signed a letter of intent in which there are a lot of descriptions about oversea market. It is predictable that Foton Auman brand trucks will become more competitive on oversea market in the future.
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Mr. Zhao Jingguang, General Supervisor of Beiqi Foton Company, said “If there was no oversea market in a company’s future development strategy, the company could not reach long-run sustainable development.”
The new joint venture also performs as a global operation center which will facilitate oversea development for both Foton and Daimler.Views:0
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