日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 午夜视频网站 | 懂色av | 在线观看视频一区二区 | 蜜臀av性久久久久蜜臀av麻豆 | 成人一级大片 | 91亚洲国产成人精品性色 | 欧美日韩高清 | 殴美黄色片| 男人久久 | 成人亚洲区 | 国产精品欧美激情 | 一区二区免费在线观看视频 | 开心激情五月网 | 另类视频一区 | 黄色精品网站 | 婷婷综合五月 | xxx日本黄色 | 日本乱子伦 | 久久久久久久久久免费视频 | 天天干天天操 | 日韩久久久 | 欧美多人猛交狂配 | 久久久久婷婷 | 九九九网站 | 日韩免费黄色片 | 欧美在线视频网 | 日本网站在线免费观看 | 国产精品爽爽久久久久久 | 精品成人免费视频 | 国产手机视频在线 | 午夜快播 | 免费99精品国产自在在线 | 亚洲h视频在线观看 | 99热精品在线 | 永久免费看成人av的动态图 | 99re99| 好吊色在线观看 | 天天操综合 | 国产亚洲精品自拍 | 99在线视频免费观看 | 亚洲免费在线视频观看 |