Foton Motor
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| Subsidiary | |
| Industry | Automotive |
| Founded | 1996 (Beijing) |
| Headquarters | Changping, Beijing, China |
| Products | Automobiles, Commercial Vehicles, Tractors |
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Number of employees
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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 | ||||||
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| Traditional Chinese | 北汽福田汽車股份有限公司 | ||||||
| Literal meaning | BAIC Foton Motor Co., Ltd. | ||||||
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Běiqì Fútián Qìchē Gǔfèn Yǒuxiàn Gōngsī |
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, called Beijing Foton Daimler Automobile Co., Ltd., which sells its products under the "Auman" brand name.
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, Beijing Foton Cummins Engine Company (BFCEC), to produce light-duty diesel engines, of 2.8 and 3.8 liter displacement.
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. Creation of the venture received the approval of the Chinese government in July 2010.
In October 2009 Foton agreed to form a joint venture to develop and produce vehicle batteries with Pulead Technology Industry Co.
In July 2010 Foton announced the establishment of a European headquarters in Moscow, Russia.
Foton established a sales company in India in April 2011.
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.
Foton has announced a bus factory in Brazil in the state of Bahia, as part of their globalization plan. Foton has held a press conference in 2015, previewing the Sauvana while announcing news to bring the brand to the United States.
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 300,000 employees. 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”.
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Wikipedia