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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 ...
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 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.
US stocks edged lower Friday after the best trading day since November 2022. The S&P 500 is down half a percentage point this week amid growing concerns of an economic slowdown. Investors are ...
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 ...
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The Mercedes-Benz Actros is a heavy-duty truck introduced by Mercedes-Benz at the 1996 Commercial Vehicle IAA in Hannover, Germany, as the replacement for the SK.It is normally used for long-distance haulage, heavy-duty distribution haulage, and construction haulage.
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 ...