We’re hearing from the Chinese Automotive press that Beiqi Foton has suddenly become the second largest maker of commercial vehicles in the world after Mercedes Benz.
In 2007, Beiqi Foton did an amazing 3.7 billion USD worth of business, which is a year on year increase of 40.53 percent on 2006. Foton has managed to grab a 16% share of the Chinese light truck market, which accounts for an amazing 2.69 million vehicles per year, also Foton managed to export 30,000 vehicles in 2007, which is a 238% increase in yearly sales!
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