久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Foton Philippines plant will extend international reach

Updated: 2011-12-19 09:29

By Xiao Han (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

 Foton Philippines plant will extend international reach

Foton has high expectations that its Tunland pickup will lead the charge in developing markets.?[Photo/China Daily]

BEIJING - China's leading commercial vehicle maker Beiqi Foton Motor Co will invest $20 million in a new plant in the Philippines to assemble vehicles for Southeast Asian markets, according to the Philippines Star newspaper.

Foton's Philippine branch and Clark Development Corp recently signed a 25-year renewable lease on 50,000 square meters of land for the assembly facility, the report said.

The property is part of the former Clark Air Base, a sprawling 4,500-hectare US military site dating back to 1901 that was transferred to the Philippine government in 1991.

Foton will invest $20 million over the next three years in the plant, which will employ at least 120 workers in the initial stage, it said.

The automaker entered the Philippines in 2006 and now has 14 dealerships - selling trucks, pickups and vans - and more than 60 repair shops.

Foton is making intensive moves overseas this year after it announced an ambitious plan last year to sell 4 million vehicles annually by 2020, more a fourth of them abroad.

Reaching the goal will require bold expansion in the next decade - the automaker sold just 680,000 vehicles last year with fewer than 20,000 delivered in overseas markets.

Foton said in a statement last month that it will set up sales companies in Kenya, Indonesia and Australia.

The company plans to invest $2.18 million to form a subsidiary in Kenya to increase brand awareness and after-sales services in the east Africa. It broke ground in April on a plant in Kenya that will go into operation next year assembling fully knocked down vehicles

In Indonesia, it plans to invest $2.4 million in a new subsidiary, while in Australia it will spend $2 million to connect with local customers.

The automaker also plans to build a plant in India that is scheduled to begin production in the middle of 2013 with designed output of 120,000 vehicles a year.

The first product in Foton's global strategy is its Tunland pickup that debuted at the end of October in Beijing, home to the company's headquarters.

The model will hit the markets in South Africa, Australia, Chile, Saudi Arabia and Malaysia at the end of the year.

In 2020, the company expects to sell 260,000 pickup trucks overseas due to projected strong demand, especially in developing countries.

In September, Foton got a green light from the government to set up a joint venture with Daimler AG to build and sell medium and heavy-duty trucks. Analysts said the partnership will also help Foton gain a bigger presence in international markets.

 

Related Stories

Delegations visit FOTON 2011-10-01 16:03
DaimlerChrysler in deal with China's Foton 2007-01-17 10:41
NDRC approves Daimler-Foton venture 2010-07-15 10:33
Daimler in truck deal with Foton 2010-07-17 06:37
主站蜘蛛池模板: 亚洲高清一区二区三区四区 | 成人欧美日韩 | 亚洲人成网站在线在线 | 亚洲精品一区国产二区 | 成年女人毛片免费播放视频m | 久草精品视频 | 亚洲国产成人久久一区二区三区 | 久久精品视频久久 | 爱综合 | 国产欧美日韩精品高清二区综合区 | 欧美一区二区三区在观看 | 波多野结衣中文在线 | 国产五区 | 国产精品黄网站免费进入 | 国产高清在线精品一区二区 | 国产精品免费aⅴ片在线观看 | 久久国产三级精品 | 三级国产三级在线 | 免费视频99 | 国产欧美一区二区成人影院 | 国产精品免费视频能看 | 亚洲国产美女视频 | 国产高清在线免费视频 | 日本久久一区二区 | 欧美在线一区二区三区欧美 | 亚洲男人的天堂在线 | 视频一区二区三区自拍 | 久久精彩视频 | 伊人久爱| 久久视频6免费观看视频精品 | 香港毛片免费观看 | 欧美精品hdxxxxx | 亚洲精品二区 | 成年女人毛片免费播放视频m | 成 人 黄 色 视频 免费观看 | 国产三级午夜理伦三级 | 欧美亚洲一区二区三区在线 | 久久久91精品国产一区二区 | 国产亚洲一级精品久久 | 国产成人精品久久亚洲高清不卡 | 免费va国产高清不卡大片 |