Daimler plans to invest $415.3 million with Foton to transform the production line of Actros heavy truck, a domestic Mercedes Benz brand
Daimler plans to invest $415.3 million with its Chinese partner, BAIC Foton, to produce the Mercedes Benz Actros heavy truck in China for the first time, Reuters reported. The two sides plan to revamp the joint venture's Beijing Foton Daimler Automobile Co., Ltd.'s plant in Beijing, adding a production line with an annual capacity of 50000 Actros.
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Briefing Jan 24, 2022 09:20 AM
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· Industrials
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· Industrials
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· Industrials
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