China: Daimler and Foton finalise JV contract

Daimler and Foton Motor, a subsidiary of Beijing Automotive Industry Corporation, have finally signed a contract to set up a truck production joint venture company in China. The partners signed an initial agreement to set up an equal-parts joint venture back in the summer of 2008. They then confirmed plans … It’s time to log …

Daimler and Foton Motor, a subsidiary of Beijing Automotive Industry Corporation, have finally signed a contract to set up a truck production joint venture company in China. The partners signed an initial agreement to set up an equal-parts joint venture back in the summer of 2008. They then confirmed plans …

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