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In February 2012, Beiqi Foton Motors Co., Ltd. and Daimler AG established a 50-50 joint venture, Beijing Foton Daimler Automotive Co., Ltd., at an investment of RMB6.35 billion. [ 1 ] [ 7 ] The joint venture would take over Foton's existing Auman medium- and heavy-duty truck business, including production sites, sales and service network.
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The modern company, Beijing Automobile Works Co., Ltd (BAW), was founded in 2001 and incorporates the original Beijing Automobile Works, as well as the first Chinese automobile joint venture Beijing Jeep, Beijing Automobile Assembly and Foton Motor. In 2010, BAW became a subsidiary of Beijing Automotive Group(BAIC).
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The restaurant chain has closed three suburban locations but has big plans in the Stockyards. ‘World’s largest spur’ coming to Fort Worth’s Rodeo Plaza despite cafe’s troubles Skip to ...
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