Daimler and China’s Foton Motor have jointly announced that the Beijing Foton Daimler Automotive (BFDA) will locally produce Mercedes-Benz Trucks in China for China. Production of heavy-duty trucks is scheduled to start in two years from now in a new truck plant in Huairou District (Beijing), owned by BFDA.
3D rendering
Both companies are investing a total of 3.8 billion RMB (€480 million) in setting-up the new plant and related infrastructure. Meanwhile, Daimler will continue to import Mercedes-Benz Trucks into the country. In addition, BFDA is selling Foton Auman-branded trucks in the Chinese market. In Q1-Q3 2020, BFDA sold 99,550 units – an increase of almost 60% compared to the previous year.
China, the world’s largest truck market, is of utmost importance to us and has become one of our important markets for future growth. In order to make full use of this potential, we made the decision to locally produce Mercedes-Benz heavy-duty tractors in China for China. – Martin Daum, CEO of Daimler Truck AG
Recommended for you
Leave a Reply
Note: Comments that are unrelated to the post above get automatically filtered into the trash bin.
