China's largest commercial vehicle manufacturer, Beiqi Foton Motor is preparing to build a joint venture plant in Russia. Local plant will be producing middle and heavy trucks in number of 100,000 annual output. The Chinese automaker sold 8,000 Aoling light trucks in Russia market last year.
Beiqi Foton Motor Co., LTD company was established 28th of August 1996. It is the big Chinese holding, having many stock-marketed ventures. The company’s main profile is motorization. Business activity is seeing in many other sectors as well. It operates in different world’s region.
Company’s headquarters is in Chang Ping District, Beijing. Foton’s advantages are over 5 bln Yuan and over 28,000 employers. Company’s division are in many towns in China: Beijing, Tianjin, Shandong, Hebei, Hunan, Hubei, Liaoning, and Guangdong. There are present in Japan, Germany and Taiwan as well. Foton’s worth as a brand was over 11,932 bln Yuan in 2005, was on the 4th place in automotive industry and 43rd in “500-top most worth Chinese brands”.
Source: China Biznes News
Source: motorynek.pl