The Chinese company Foton plans to localize the production of Tunland pickup trucks and S-series trucks in Russia. informs Interfax with reference to the company’s financial statements.
“Photon Motor LLC has far-reaching plans for the development of Foton automobile sales in the Russian Federation. But in order to achieve maximum profit, it is necessary to localize production on the territory of the Russian Federation. To do this, it was decided to conclude a long-term contract with a major automaker for the production of Foton Tunland pickup trucks and Foton S100 and S120 series trucks.
The document does not specify at which enterprise the production of cars will be carried out. Meanwhile, Foton announced its intention to continue selling spare parts and servicing brand cars under warranty in Russia.
Previously reportedGerman truck manufacturer MAN has resumed production after a six-week shutdown.