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Daimler and Beiqi Foton jointly invested in the production of Actros trucks. Expert: Winning is achievable.
Daimler and Beiqi Foton will produce Actros trucks in China.

Recently, according to Reuters news, Daimler and BAIC Futian, a commercial vehicle partner in China, plan to invest 465,438+05 million US dollars (about 2.75 billion yuan) to introduce and put into production the Mercedes-Benz brand Actros heavy truck. The two parties intend to transform the factory of Beijing Futian Daimler Automobile Co., Ltd., a joint venture company, in Beijing, and add a production line with an annual output of 50,000 Actros.

Caijing Automobile contacted relevant persons of Beiqi Futian for this purpose. The person did not elaborate on the significance and purpose of jointly investing with Daimler to build a factory to produce Actros. He only said that according to the relevant regulations of listed companies, if investment matters need to be announced on the Shanghai Stock Exchange, the announcement shall prevail.

It is worth noting that on June 3rd, 165438+ Foton Motor announced that the company publicly listed and transferred the workshop and equipment of Huairou Heavy Machinery Factory through the Beijing Equity Exchange. On June 2, 2020, 165438+ Beijing Foton Daimler Automobile Co., Ltd. signed the Physical Assets Transaction Contract, and transferred some assets of the heavy machinery factory to Foton Daimler at a price of about10.97 million yuan.

Bai Yiyang, a researcher at CMB International, said that Foton Daimler has one factory and two factories with a total designed production capacity of 6.5438+0.6 million vehicles, of which the production capacity in 2065 was 4.38+0.2 million vehicles. According to the annual report, in order to reduce the production cost and improve the production efficiency, the capacity utilization rate of the second plant of Foton Daimler in 20 19 was 146.2%, while the production efficiency of the first plant was 0.7%, which basically stopped production. Since the beginning of this year, the heavy truck market has developed vigorously. 1-111788 sold cars in Ou Man, up 54.8% year-on-year, and the capacity utilization rate was significantly improved. In fact, the introduction of Actros was reported as early as 20 16, and was confirmed on 20 19, and now it has officially landed. The introduction at this time is mainly to enrich the product matrix of Foton Heavy Truck, expand its share in the heavy truck market, and continue to promote Foton Motor's strategy of "focusing on the main business of commercial vehicles". At the same time, it is worth noting that BAIC has always had some friction with Daimler in terms of Mercedes-Benz stock ratio and cross-shareholding. Whether the two sides can break the deadlock of passenger cars by strengthening cooperation in the field of commercial vehicles is worthy of market expectation.

Daimler Actros hopes to reduce costs and increase sales.

Mercedes-Benz trucks currently sold in China are all imported, and their pricing is much higher than that of Ou Man trucks produced by the joint venture company. In the first 65,438+00 months of this year, the sales of Ou Man trucks equipped with Daimler technology in China reached 65,438+065,438+0788, a sharp increase of 54.8% compared with the same period last year.

At present, the commercial vehicle market in China is the largest in the world, accounting for half of the global sales. In 20 19, the sales volume reached 4.36 million vehicles, and the passenger car market grew by 1.9%.

According to the data of China Automobile Association, from June to September this year, the production and sales of commercial vehicles were 3.735 million and 374 1.00 million, up by 265.438+0.5% and 65.438+09.8% respectively. From the perspective of industry development, driven by policies and investment, commercial vehicles will continue to grow in the fourth quarter.

With the healthy development of China's economy, especially in the post-epidemic period, the prospect of commercial vehicle market has great potential by expanding domestic demand to stimulate the demand for economy and new infrastructure.

An industry insider said that the commercial vehicle market in China is on the rise obviously, and Daimler will definitely be unwilling to be lonely when it sees the sales of Beiqi Foton Ou Man Card with independent technology increase greatly. This cooperation with Beiqi Foton will directly reduce the price of Actros, thus gaining a share.

Daimler stated as early as 20 16 that it planned to produce Actros trucks in China by 2020, but there was no further news since then. The company sold about 700,000 passenger cars in China last year. Last month, the CEO of Mercedes-Benz said that in the next 65,438+00 years, China will remain the biggest growth market for the brand, and Mercedes-Benz will adjust its production location to meet the changes in demand.

Beiqi Foton can enrich the product matrix.

165438+1October 3, Foton Motor released the monthly production and sales report of 10. The data shows that Foton Motor sold 60,978 vehicles in June 5,438+10, compared with 4,7051vehicle in the same period last year, up 29.60% year-on-year; During 1- 10, a total of 563,245 vehicles were sold, up by 29.09% year-on-year.

In terms of output, Foton Motor produced 679,665,438+0 vehicles in June, compared with 46,645 vehicles in the same period last year, an increase of 45.6%. The cumulative output of 1- 10 was 564,444 vehicles, compared with 436,826 vehicles in the same period last year, up by 29.5438+0%.

During the period of 1- 10 this year, Beiqi Foton * * * sold about1.180,000 trucks of Ou Man brand (Ou Man brand belongs to Foton Daimler), with a year-on-year increase of 54.83%.

Zhang Zhiliang, an observer in the automobile industry, said that after the epidemic situation gradually stabilized in the second half of this year, the commercial vehicle market gradually showed its future development potential, and Beiqi Foton was one of the commercial vehicle head enterprises. The main highlight is that the core technology comes from Mercedes-Benz. This cooperation with Daimler to invest in the production of Actros trucks in China can further acquire the truck technology of Mercedes-Benz and enrich its own commercial vehicle product matrix.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.