Foton to cooperate with Mercedes-Benz
Date:2010-07-15 Author:Linling Yu Source:www.chinatrucks.com
(chinatrucks.com, July 15, 2010) Angela Merkel, German primer, is beginning China trip on July 15th, 2010.
Angela Merkel will sign a series of contracts without any disclose of the contract contents. It is learned by reporter that the top management of Foton is prepared to sign the contracts.
The mentioned contract is that Foton and Mercedes-Benz will set up AV company of medium and heavy truck at the price shares with 50% to 50%.
It means that Foton will end seven years of unstable relationships with Mercedes- Benz.
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