Add to Favorites  |  Subscribe |  Archive  |  Friend us on Facebook |  Follow Caijing on Twitter | 
English > Industry&Companies > Industry-Breaking News>Foton, Daimler to Build Trucks Together

Foton, Daimler to Build Trucks Together

01-08 12:55 Caijing Magazine

Full article in Chinese: http://www.caijing.com.cn/2009-01-07/110045791.html

- Chinese truck-maker Beiqi Foton will set up a joint venture with Daimler AG.  

- The two companies will invest a total of 6.35 billion yuan and each own 50 percent.

- The partnership will be inaugurated in August, and produce its first diesel engines in late 2011 and trucks in 2012.

 

Related Articles
Week In Review
more
  • June 22 to 26
    • The World Bank raised its forecast for China's 2009 economic growth to 7.2 percent; China's auto industry is likely to see an end in June; Protests triggered by the death of Tu Yuangao.
    Most Viewed
  • Andy Xie: Tight Spot for Fed, Blind Spot for Investors
  • Fear the Dark Side of China's Lending Surge
  • China Launches Pilot Program for Yuan Trade Settlement
  • Consumer Inflation Knocks at China's Door
  • Q&A: Pumping Up Financial Holdings at Ping An
  • Fork in the Road for China's Car Purchase Tax
  • Economist: Rising Stock Markets Prelude Inflation
  • Ping An Celebrates a High-Stakes Bank Deal
    • Finance & Economy
    more
  • Ping An Celebrates a High-Stakes Bank Deal
  • Economist: Rising Stock Markets Prelude Inflation
  • Banks Move Closer to Exchange Bond Trading
    • Industry & Companies
    more
  • Fork in the Road for China's Car Purchase Tax
  • China Will 'Definitely' Mandate Web Filter Sales - Ministry
  • Fiat-Guangzhou Auto JV Car Plant to Start Construction
    • Energy & Environment
    more
  • Wetlands Concern Forces Refinery Relocation
  • Scientists: Volcanism in Mount Emei Linked to Mass Extinction
  • China to Announce Renewable Energy Blueprint
    • Contact us　|　Subscription　|　About Caijing　|　FAQs
    Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
    [ICP License: 090027] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号]
    Copyright by Caijing. All Rights Reserved