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: 国产三级在线播放 | 日本一级片在线播放 | 国产亚洲欧美一区二区三区 | 精品成人在线观看 | 一级片视频播放 | 激情国产在线 | 亚洲一区二区三区在线视频 | 亚洲色欲色欲www | 成人黄色免费网址 | 亚洲精品国产精品国 | 日韩av综合 | 国产黄色在线观看 | 91福利免费 | 日韩精品久久久久久 | 在线视频国产一区 | 欧美a视频 | 一区二区三区在线免费观看视频 | 69av.com | 97爱爱爱| 国产一区不卡 | 亚洲精品九九 | 国产精品黄色片 | 亚洲色图欧美另类 | 欧美精品一级片 | 国产激情毛片 | 免费一级黄色大片 | 香蕉网站在线 | 精品国产一区二区三区久久久蜜臀 | 97久久久久久 | 亚洲美女视频在线观看 | 国久久久 | 免费中文字幕 | 国产精品12 | 亚洲高清资源 | 国产中文字幕视频 | 国产女主播喷水高潮网红在线 | a亚洲天堂| 日韩专区中文字幕 | 国产色av | 欧美日韩大片 | 成人免费播放 |