男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

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: 原平市| 依兰县| 伊金霍洛旗| 溧水县| 汾西县| 瑞昌市| 田林县| 嘉鱼县| 鲜城| 阿鲁科尔沁旗| 双牌县| 福州市| 花垣县| 任丘市| 从化市| 临清市| 泌阳县| 仪陇县| 东明县| 象山县| 新沂市| 汝城县| 定襄县| 长宁县| 呼伦贝尔市| 祁门县| 永善县| 慈利县| 四子王旗| 虞城县| 宜君县| 兴安盟| 吉安市| 宁陕县| 万盛区| 广元市| 洱源县| 开阳县| 盐源县| 大埔县| 茶陵县| 丁青县| 肃北| 萍乡市| 襄城县| 盱眙县| 辽阳市| 通化市| 阿图什市| 鹰潭市| 巴林右旗| 寻乌县| 邯郸市| 吴江市| 金华市| 余庆县| 酒泉市| 顺昌县| 叙永县| 儋州市| 郴州市| 孟津县| 靖远县| 通榆县| 营口市| 呈贡县| 婺源县| 攀枝花市| 上饶县| 汕头市| 临漳县| 阜阳市| 宜宾县| 昭觉县| 沙坪坝区| 玉树县| 福建省| 赤城县| 南华县| 汝州市| 汉沽区| 六枝特区|