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Forton will sign agreement with Daimler Chrysler recently

Date:2008-08-06

BeiQi Futon Motor Company and Daimler Chrysler as long as five-year negotiation about joint venture very soon will bear fruit. the two sides will set up a joint venture company. According to related resource, the sign ceremony will be hold around August 8 this year, maybe advance or delay.

On August 8, at this moment ,Global eyes will focus on beijing and opening ceremony of Olympic will be hold by then, under such circumstance, the time that the two sides chose this chance to achieve alliance must be Very meaningful.

Despite detailed information of joint venture enterprise still in a secret state, however. It’s not difficulty to have a general ideas on both present situation, one aspect is to joint their force to establish a 50%-50% shareholding company, while manufacturing production of Mercedes-Benz brand Medium and heavy trucks and engines. Another is the two sides will make fully use of Mutual sales channel. Futon will help Mercedes-Benz truck in the Chinese market sale, vice versa. Daimler Chrysler will provide futon with sales channel in overseas market.

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