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Old 02-04-2008, 10:30 AM   #21
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Beiqi Foton becomes world 2nd largest commercial vehicle maker!

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February 4, 2008 – Beiqi Foton sold 400,000 vehicles, up 16.9 percent from one year earlier, the company announced yesterday. The sales figure has made the Chinese automaker world second largest commercial vehicle maker after Mercedes-Benz.

Last year Foton's sales revenue reached 27.86 billion yuan ($3.87 billion), up 40.53 percent from one year earlier. The automaker's light truck sales rose 11 percent to 319,000 last year, which represents 28.9 percent of China’s light truck market.

"This is the ninth year in a row that Foton has successful defended its top seller position in China's light truck market,” said Zhao Jingguang, Foton's spokesman. "And this is the first time that Foton becomes a top light vehicle seller worldwide."
Last year, a total number of 2.49 million commercial vehicles were sold out in China’s domestic market and Foton grabbed 16 percent of this market.

Meanwhile, Foton exported 30,000 commercial vehicles, up 238.78 percent from one year earlier.
source: Gasgoo.com
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Old 02-27-2008, 03:16 AM   #22
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Foton plans to produce passenger vehicles.

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Shanghai. February 26, 2008 - Beiqi Foton Motor Co Ltd, China's largest commercial vehicle manufacturer, is planning to enter the passenger vehicle business. The new business will be financed by profits made from the existing commercial vehicle operation, local media Beijing Morning Post reported today.

"To branch out into sedan making business is our dream,” said Wang Jinyu, General Manager of Beiqi Foton. " Beiqi Foton now has become China’s leading commercial vehicle manufacture and we made 3 to 4 billion yuan last year. We have the money to start our passenger vehicle business,"

Last month, Beiqi Foton released a concept multi-purpose vehicle "Midi", which is referred as “a pilot car model” by Wang.

Last year Foton's sales revenue reached 27.86 billion yuan ($3.87 billion), up 40.53 percent from one year earlier. The automaker's light truck sales rose 11 percent to 319,000 last year, which represents 28.9 percent of China’s light truck market.

"This is the ninth year in a row that Foton has successful defended its top seller position in China's light truck market,” said Zhao Jingguang, Foton's spokesman. "And this is the first time that Foton becomes a top light vehicle seller worldwide."

Last year, a total number of 2.49 million commercial vehicles were sold out in China’s domestic market and Foton grabbed 16 percent of this market.

Meanwhile, Foton exported 30,000 commercial vehicles, up 238.78 percent from one year earlier.
source:Gasgoo.com
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Old 03-03-2008, 10:08 AM   #23
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Beiqi Foton to build plant in Russia.

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March 3, 2008 - China's largest commercial vehicle manufacturer, Beiqi Foton Motor is preparing to build a joint venture plant in Russia, according to a China Business News report today.

Foton is preparing to build a plant to produce middle and heavy trucks in Russia and the preparatory work is expected to be finished by the end of this year, according to Zhao Weichun, the company chief officer in charge of the company’s overseas operations.

Foton’s joint venture plant in Russia, which has a projected annual output of 100,000 vehicles, will concentrate on the production of middle and heavy trucks, according to a different company source.

Currently, Foton mainly sells middle and heavy trucks and Aoling light trucks in Russian market. The Chinese automaker sold 8,000 Aoling light trucks in Russia market last year.

Last year Foton's sales revenue reached 27.86 billion yuan ($3.87 billion), up 40.53 percent from one year earlier. The automaker's light truck sales rose 11 percent to 319,000 last year, which represents 28.9 percent of China’s light truck market.

"This is the ninth year in a row that Foton has successful defended its top seller position in China's light truck market,” said Zhao Jingguang, Foton's spokesman. "And this is the first time that Foton becomes a top light vehicle seller worldwide."
source: Gasgoo.com
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Old 04-05-2008, 03:23 PM   #24
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Default Re: Beiqi Foton

Beiqi Foton Motor's net profit in Q1 tops 150% year-on-year

By George Gao From:Gasgoo.comApril 03, 2008


Shanghai, April 3 (Gasgoo.com) Beiqi Foton Motor Co. Ltd. said its net profit in the first quarter of 2008 is expected to have grown by more than 150% over the same period of last year.

A filing with the Shanghai Stock Exchange said the company's profit growth was mainly driven by higher sales of high-end vehicles, subsidies from the government, and the selling of some of its shares in Anhui Quanchai Engine Co.

Another statement said Beiqi Foton plans to spend RMB125.48 million ($17.9 million) to buy a 12.45% stake in Beijing Foton Cummins Engine Co, a joint venture with Cummins Inc. The seller is an affiliate company. Beiqi Foton will raise its stake in the venture to 37.45% from the current 25%, while the affiliate will continue to hold a 12.55% stake.

Beiqi Foton Motor is scheduled to release its first quarter financial results at the end of April. The company earned a net profit of RMB66.28 million in the first quarter of 2007.

http://www.gasgoo.com/auto-news/6058...r-on-year.html
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Old 04-17-2008, 11:02 AM   #25
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Foton becomes world's largest commercial car maker in Q1.

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April 16, 2008 - Chinese car maker Beiqi Foton Motor said on Thursday that it sold 125,000 vehicles in the first quarter this year, up 28.6% over the same period of 2007 and 10% higher than the industry average, beating Benz to be the world's largest maker of commercial cars for the first time in terms of sales.

Foton's robust growth was strongly evidenced by its sales in March of a total of 65,000 units, a staggering number that accounts for half of China's total sales of commercial vehicles. Sales of high-end models such as Ollin represent one third of its total earnings. In addition, exports of the car maker increased 118.7% in the first quarter to nearly 10,000 units.

Meanwhile, the company unveiled a new commercial car model named Midi, which will be available for sales next month with an estimated price of no more than 10,000 yuan ($1,428). The Chinese market has similar models such as FAW VW's Caddy and Chery's Karry, but the Foton Midi highlights a mix of family use and commercial purposes. The design of the Midi model was based on the spacious van platform to create a heavy-duty and roomy model for family and commercial use.

Beijing-based Foton is one of China's home-grown auto makers which focus on self-developed models with independent intellectual property. Though it has become the global Number One in the commercial vehicle segment, Beiqi Foton has an uphill struggle in the sedan project.
source: Gasgoo.com
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Old 05-01-2008, 08:39 AM   #26
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Beiqi Foton agrees on truck JV with Daimler.

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May 01, 2008 - Daimler AG has reached a preliminary agreement to set up a truck-making joint venture with Beiqi Foton Motor Co in China, the Chinese company said on Wednesday.

Preparations for setting up the venture, which would make medium- to heavy-duty trucks, are proceeding smoothly, Foton said in a statement. It did not disclose any financial details or the potential size of the venture. The companies are also exploring opportunities to form a global partnership, the statement added.

In December, Foton scrapped an 817 million yuan ($117 million) share placement plan with DaimlerChrysler, which would have given its potential partner a 24 percent stake.

Instead, it said it would explore opportunities with Daimler in the medium- to heavy-duty truck sector, including a possible joint venture.
source: Reuters
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Old 06-08-2008, 08:10 AM   #27
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About Foton:
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Foton, shortened for the Beiqi Foton Motor Co., Ltd., was founded on August 28, 1996. It is a state-owned holding company with different types of ownership and a company listed in the stock exchange market. Its business operation extends in various regions and sectors.

Headquartered in Chang Ping District, Beijing,Foton possesses assets exceeding 5 billion Yuan and 28,000 employees. Foton's business units are seen in cities and provinces such as Beijing, Tianjin, Shandong, Hebei, Hunan, Hubei, Liaoning, and Guangdong. And its R&D branches are distributed in Japan, Germany, and Taiwan. Foton, whose brand value exceeds 11.932 billion Yuan in 2005, ranked No.4 in auto industry and No.43 in the “Top 500 China's Most Valuable Brands”.

Foton was commended as “a modernized enterprise integrated many reforming achievements” by Jia Qinglin, chairman of CPPCC. It is renowned as “the fastest development and most promising enterprise in China's auto industry”. As one of China's 520 key enterprises and one of the backbone enterprises in China's auto industry, Foton has been awarded consecutively with the May 1st Labor Certificate, the Top Ten Enterprises Image in Chinese Machinery Industry, the National Advanced Enterprise in Quality Management, the Model Unit of Capital Spiritual Civilization Construction, the CCTV My Favorite Chinese Brand 2005, the appointed transportation vehicle of space shuttle and satellite for Jiuquan Satellite Launch Center, the Most Potential Independent Brand in China's Manufacturing Industry, and the Best Consumer Relationship in the 2005 Best Corporate Public Image Evaluation.

Backed up by a well-established structure of corporate governance, Foton has, since its foundation, been embarking on the road of making renovations in respect of technology, market and mechanism, thus realizing development on a fast track. It had set a new record of producing and selling 1,000,000 vehicles in the course of eight years in the history of China's auto industry. Foton has been developing rapidly to be the driving force of independent brand and independent creative ability in China's Auto Industry. As the biggest-scale auto manufacturer with the complete range of commercial vehicles in China, Foton possesses the brands of Auman, AUV, View, Saga, Aumark, Ollin, Sup and Forland.

During the 11th Five-Year Planning period, Foton will mainly develop both independent intelligent property right and independent brand, actively promote international cooperation, and cultivate international competitive advantages under the guideline --- high quality, low cost, globalization. By 2010, Foton will stand as a million-level commercial vehicle manufacturer and to be a world-class player with oversea sale volume accounting for 20% of total sales.
https://product.360che.com/b_1138.html
https://product.360che.com/b_1128.html
https://product.360che.com/b_1255.html

Aumark:
https://product.360che.com/b_1125.html

Ollin:
https://product.360che.com/b_1126.html

Rowor:
https://product.360che.com/b_1129.html

Forland:
https://product.360che.com/b_35.html

Foton Ollin:




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Old 06-08-2008, 08:13 AM   #28
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Foton View Minibus:



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Old 06-08-2008, 08:14 AM   #29
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View Van:



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Old 06-09-2008, 07:46 AM   #30
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Default Re: Beiqi Foton

Thank goodness for the Toyota Hiace van. It's moved a lot of people, and a lot of cargo in its lifetime. Just try to imagine Toyota getting a royalty for every Hiace that has ever been turned out by a Chinese manufacturer.

Beiqi Foton, you're a big boy now, and it's time for you to show us more of the kind of technology we have never seen before.



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