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Foton

Latest Mercedes-Benz News

Daimler’s Joint Venture with Foton Got a Yes from Chinese Authorities

Beijing Foton Daimler Automotive Co., Ltd. Has got an approval from the Chinese Ministry of Commerce. This go ahead is an important step in the implementation of Daimler Trucks Global Excellence strategy and also this will allow them participation in the increase and growth of the Chinese truck market. Andreas Renschler, a member of Daimler’s Board of Management and Head of Daimler Trucks and Buses said, “This marks a milestone for the joint venture between Daimler and the Chinese truck manufacturer, Foton Motor, and for the implementation of Daimler Trucks’ worldwide strategy,” he added further, “The flexibility, persistence, patience, and intercultural understanding of both parties were decisive factors in forging… Continue Reading »

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