Chinese company plans U.S. truck model
According to an article in China Daily, Chinese heavy-duty truck maker Beiqi Foton Motor Co. is planning a vehicle for the U.S. and Western European market. The Auman GTL (which stands for global technology leader) was designed for the strict environmental requirements of the U.S. and Europe, the company said.
“Foton has already established a good presence in the Southeast Asian, South American and African markets, but it barely achieved anything in developed economies,” Wang Jinyu, president & CEO, told China Daily. “Now we are endeavoring to enter the mature markets including the U.S., Europe and Japan.”
According to Wang, the vehicle includes high-quality materials similar to those found in U.S. trucks and cost $266 million to develop. more
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