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Montevideo, December 22nd 2024 - 10:31 UTC

Tag: Beiqi Foton Motor

  • Thursday, August 22nd 2019 - 20:36 UTC

    Mercedes Benz plans to build heavy trucks in China in alliance with JV partner

    In 2016, Daimler's head of its truck business told German media that it planned to make Mercedes-branded Actros heavy trucks in China by the end of the decade

    German automaker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture. The plan will deepen the alliance between Daimler and its Chinese truck JV partner, Beiqi Foton, and comes after the purchase of a 5 percent stake in Daimler last month by its Mercedes Benz passenger car partner, Beijing Automotive (BAIC), Foton's parent group.