Search results
Results from the WOW.Com Content Network
Germany's Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros heavy trucks for the ...
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.
Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, [ 2 ] it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
In the oil market, crude prices plunged more than 6%, representing the biggest one-day decline since September 2022 after Israel's attack against Iran over the weekend avoided oil facilities.
Germany's Daimler AG <DAIGn.DE> and its China commercial vehicle partner Beiqi Foton Motor Co <600166.SS> plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros ...
US stocks closed mixed on Friday amid a low-volume day of trading following the Thanksgiving holiday. The Dow Jones Industrial Average closed up about 0.3%, or more than 100 points higher, while ...
In 2018, Foton Motors announced plans to sell their stake of Borgward at 67%. [8] According to the German newspaper Automobilwoche, the company struggled to earn better sales after Foton sold its 67% stake to UCar [9] in 2019 for $614 million. [1] The newspaper said that Borgward sold around 5,000 vehicles in the first half of 2020. [1]
MacDonald's stock dropped 6% after the Centers for Disease Control and Prevention said an outbreak of E. Coli linked to the fast food chain's quarter pounders led to one death and 10 hospitalizations.