Daimler to build Actros heavy truck in China
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Germany’s Daimler plans to start building the Actros heavy truck in China by the end of the decade, citing the head of the truck division.
Seeking to expand its role in the world’s largest truck market, Daimler is targeting a five-digit production number for the Actros, the newspaper quoted Daimler Trucks Chief Executive Wolfgang Bernhard as saying in an interview to be published on Tuesday.
Western manufacturers are allowed to operate in China by forming joint ventures with Chinese partners. Stuttgart-based Daimler currently produces trucks with China’s Beiqi Foton Motor .
The two companies are planning to invest a three-digit multi-million amount in local production of the Actros, and Daimler alone wants to set up 200 dealer and service stations.
Questions & Answers
Q.When does Daimler plan to begin manufacturing the Actros heavy truck in China?
When does Daimler plan to begin manufacturing the Actros heavy truck in China?
Daimler intends to start building the Actros heavy truck in China by the end of the current decade. This move is part of their strategy to grow their presence in the world's largest truck market.
Q.Which Chinese company is Daimler partnering with for the local production of the Actros?
Which Chinese company is Daimler partnering with for the local production of the Actros?
Daimler is partnering with China's Beiqi Foton Motor for the local production of the Actros heavy truck. They already produce trucks together and are planning a significant joint investment.
Q.What is the targeted annual production volume for the Actros in China?
What is the targeted annual production volume for the Actros in China?
Daimler is aiming for an annual production number for the Actros in China to be in the five-digit range. This ambitious target shows their expansion plans in the region.
Q.How many new dealer and service stations does Daimler plan to establish in China?
How many new dealer and service stations does Daimler plan to establish in China?
Daimler alone intends to establish 200 new dealer and service stations to support the launch and sales of the Actros heavy truck in China. This will significantly expand their retail network.