Daimler is strengthening its presence in China’s booming commercial vehicle sector by building a new engine plant through its Chinese truck-making koint venture.
Beijing Foton Daimler Automotive Co. Ltd. (BFDA) will begin building a new engine plant next to its headquarters in Beijing’s Huairou district by the first half of 2013. It will invest more than RMB 1 billion (around EUR135 million).
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“This investment once again demonstrates that we are putting our ‘Global Excellence’ strategy into practice and that our involvement in China is of a sustained, long-term nature,” said Andreas Renschler, the Daimler Board of Management member responsible for Daimler Trucks and Daimler Buses.
Production capacity at the plant will be designed for up to 45,000 engines per year. As soon as the Chinese emissions standard China IV (which corresponds to Euro IV) is introduced as planned next year, customers will be able to order the Auman truck with either a conventional engine or the OM 457.
