Beiqi Foton to open pickup truck, SUV plant in Foshan

Beiqi Foton, one of China's largest commercial vehicle manufacturers, plans to invest 3.2 billion yuan to set up a production base in Foshan, South China's Guangdong province.

Designed with an annual output capacity of 240,000 units, the Foshan plant will be dedicated to the manufacture of pickup trucks and sports utility vehicles (SUV).

Beiqi Foton sold 41,455 motor vehicles in July of 2013, a slight increase of 0.79 percent year on year. Its output came to 42,738 motor vehicles last month, up 15 percent year on year.

(Edited by Olivia, Olivia@tireworld.com.cn)