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.

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.

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