WIth 30,000 vehicle exported in 2007, Foton plans oversea Joint venture

Foton Motor Co., Ltd exported more than 30,000 vehicles in 2007, an increase of 60% y-o-y. Foton Motor Co., Ltd plans to build joint venture plants overseas and business negotiations with motor companies from Russia, Indonesia, Iran and Philippines on the plants  has been started. Foton says such plant can be established in one or two years.

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