Archive for the ‘Foton Trucks’ Category

Ateco to drive Foton in Australia

Thursday, November 1st, 2012

Ateco’s Governing Director, Neville Crichton very pleased to be re-entering the commercial vehicle market

Ateco Automotive is to take over importation and distribution of Foton light and medium trucks in Australian and New Zealand from November 1, 2012. A revamped model line-up will be available in early 2013 with pricing, specification and further details to be announced closer to that time.

Ateco’s Governing Director, Neville Crichton, said he was very pleased to be re-entering the commercial vehicle market. “We have enjoyed great success in this country over the past few years with Chinese made utilities and SUVs, and I think the time is now right for us to press ahead and enter other market segments with well-equipped and very competitively priced Chinese products.”

Foton was founded in 1996 and has since produced in excess of five million vehicles, demonstrating exceptionally rapid growth. Foton has been the number one-ranked commercial vehicle manufacturer in China for almost a decade and now ranks as the largest manufacturer of commercial vehicles in the world.

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Having established strategic joint venture partnerships with two of the automotive world’s most respected names, Foton is poised to accelerate its growth and continue to improve product quality and production capacity.

Foton’s joint venture operation with Cummins, The Beijing Foton Cummins Engine Company (BFCEC), is a world-leading facility representing 2.7 billion yuan (in excess of $A400 million) of investment and with annual engine production capacity of 400,000 units. Renowned for their efficiency, environmental credentials and unparalleled resilience, Cummins engines (standard in all Foton trucks destined for Australia and New Zealand) provide Foton customers with the ideal blend of low operating costs, outstanding performance and enviable reliability.

The Beijing Foton Daimler Automotive Company was established with a total investment of 6.35 billion yuan ($A1 billion). Foton’s 50/50 joint venture partnership with Daimler will produce Foton’s “Auman” range of medium and heavy duty trucks. This substantial operation will provide Foton with a genuine, high-technology product to compete successfully in truck markets throughout the world.

Foton also works closely with a host of additional international partners, including some of the best-known component suppliers in the world such as ZF, Eaton, Allison and Bosch.