China: Beiqi Foton to set up parts manufacturing centre

Chinese vehicle manufacturer Beiqi Foton reportedly plans to invest Yuan 2.3bn (US$364.53m) to set up an automotive parts manufacturing centre in Chengde city. According to a report carried by Chinabuses.org, this centre is being established primarily to produce Mercedes-Benz heavy-duty engines, Foton Cummins engines, Foton Ollin engines and engine spare parts. This Subscribe to Automotive … Continued

• By Webmaster
• March 26, 2012