Foton Motor

Beiqi Foton Motor Co., Ltd.
Subsidiary
Industry Automotive
Founded 1996 (Beijing)
Headquarters Changping, Beijing, China
Products Automobiles, Commercial Vehicles, Tractors
Number of employees
 circa 40,000
Parent BAIC Group
Subsidiaries Beijing Foton Cummins Engine Co., Ltd. (50%)
Beijing Foton Daimler Automotive Co., Ltd. (50%)
Website foton-global.com
Foton Motor
Simplified Chinese 北汽福田汽车股份有限公司
Traditional Chinese 北汽福田汽車股份有限公司
Literal meaning BAIC Foton Motor Co., Ltd.

Beiqi Foton Motor Co., Ltd. (Foton Motor or Foton) is a Chinese company which designs and manufactures trucks, buses, sport utility vehicles and agricultural machinery. It is headquartered in Changping, Beijing and is a subsidiary of BAIC Group.

Foton makes commercial trucks in a joint venture with Daimler AG,[1] called Beijing Foton Daimler Automobile Co., Ltd., which sells its products under the "Auman" brand name.[2]

History

Founded on August 28, 1996, Foton manufactures light and heavy-duty trucks, agricultural tractors, and various other machinery.

In addition to the heavier trucks, Foton also builds a copy of the Toyota Hiace H100, called the "Foton View" or "Foton Alpha".

In March 2006 Foton and Cummins Inc. announced the creation of a 50:50 joint venture company to produce light-duty diesel engines.[3][4]

In January 2009 Foton and Daimler AG agreed to form a 50-50 joint venture for the production of medium- and heavy-duty trucks in China, with an initial investment of 6.35 billion yuan.[5][6] Creation of the venture received the approval of the Chinese government in July 2010.[7][8]

In October 2009 Foton agreed to form a joint venture to develop and produce vehicle batteries with Pulead Technology Industry Co.[9]

In July 2010 Foton announced the establishment of a European headquarters in Moscow, Russia.[10]

Foton established a sales company in India in April 2011.[11]

Foton will build an assembly plant in Colombia, in order to participate in the growing Latin American market for light commercial vehicles. The company also plans to build a plant in Western Maharashtra, India.[12]

Foton has announced a bus factory in Brazil in the state of Bahia,[13] as part of their globalization plan.[14]

Operations

Foton is headquartered in Changping District, Beijing. Foton's business units are seen in cities and provinces such as Beijing, Tianjin, Shandong, Hebei, Hunan, Hubei, Liaoning, and Guangdong. Its R&D branches are distributed in Japan, Germany, Taiwan and The Philippines. It has assets exceeding 50 billion Yuan and 290,000 employees.[15] Foton, whose brand value exceeds 61.932 billion Yuan in 2005, ranked No.1 in auto industry and No. 11 in the “Top 500 Most Valuable Brands”.

Foton business marquee also consists of a branch in Ulaanbaatar, Mongolia. Och motors LLC which is one of the biggest conglomerate in Mongolia, is the official distributor of Foton in Mongolian market.

Products

Buses

Foton AUV (福田欧V)

Trucks

A Foton Auman on display at Speyer Technology Museum

Foton Auman

Foton Aumark (欧马可)

Foton Forland (时代汽车)

Foton Ollin (奥铃)

Minivans

Foton MP-X (MP-X蒙派克)

A Foton View

Foton View (福田风景)

SUVs

Pickups

Sales

Foton Motor sold a total of 640,400 vehicles in 2011.[16]

References

  1. ↑ Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
  2. ↑ Mr. Heyi Xu，the president of Beijing Automotive Industry Holding Co., Ltd. delivered a speech at the 2009 China (Changchun) International Automobile Forum BAIC Official Site, 2009-07-20
  3. ↑ "Cummins to create joint venture with Foton". China Daily. 30 October 2006. Retrieved 11 November 2013.
  4. ↑ "Cummins to Form Joint Venture in China". Inside Indiana Business. 7 March 2006. Retrieved 11 November 2013.
  5. ↑ "Daimler enters China truck market". The New York Times. 7 January 2009. Retrieved 11 November 2013.
  6. ↑ "China's Foton, Daimler to form $929 mln truck JV". Reuters. 6 January 2009. Retrieved 11 November 2013.
  7. ↑ "Daimler gets approval for truck JV with China's Foton". The Economic Times. 16 July 2010. Retrieved 11 November 2013.
  8. ↑ "Foton and Daimler in Truck Joint Venture". ChinaAutoWeb.com.
  9. ↑ "Foton JV taps new energy". China Daily. 27 October 2009. Retrieved 11 November 2013.
  10. ↑ "Beiqi Foton opens Europe HQ, Russia unit in Moscow". Gasgoo. 1 July 2010. Retrieved 11 November 2013.
  11. ↑ "Foton to open Indian sales branch". Gasgoo. 24 April 2011. Retrieved 11 November 2013.
  12. ↑ http://www.business-standard.com/india/news/chinas-foton-selects-west-maharashtra-for-rs-1676-cr-plant/434113/
  13. ↑ http://atarde.uol.com.br/materias/imprimir/1452227
  14. ↑ http://www.fotonmotors.com.br
  15. ↑ Foton Motor Group - Basic Information
  16. ↑ "Beiqi Foton's 2011 profits slump 30%". China Daily. 2 March 2012. Retrieved 11 November 2013.

External links

Wikimedia Commons has media related to Foton vehicles.
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