Russian governor visits Foton Motors
www.chinatrucks.com: Governor of Russian Nizhny Novgorod Oblast, together with vice governor, investment director etc. visited Foton Motors on April 5th, and they also signed cooperation letter of intent with Beijing economy and information committee for investment for auto industry in Russia.
In recent two yaers, Russia is recovering from financial crisis and auto industry is also developing rather strongly.
Foton Motors raised "Foton 2020" strategy in 2010, and this is an importent step for Foton to enter Russian markets. Foton Motors signed cooperation memorandum with Moscow on June 24, 2010. And Foton Motors (Russia) Company was set up at that time.
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