5.18Foton wins $16.8M bus contract from Ashok Leyland
Foton wins $16.8M bus contract from Ashok Leyland
http://autonews.gasgoo.com/auto-news/1010513/Foton-wins-16-8M-bus-contract-f
rom-Ashok-Leyland.html
Shanghai, May 18 (Gasgoo.com) Beiqi Foton Motor Co Ltd announced today it
had won a US$16.8 million contract with Ashok Leyland Ltd., India's second
biggest bus and truck maker, to supply buses in completely knocked down kit
form, China Securities Journal reported.
According to contact, Foton will export 750 units of Foton Euro V buses to
Ashok Leyland within a period of 150 days.
Beiqi Foton Motor Co., a commercial vehicle subsidiary of Beijing Automobile
Works, said the deal will help the company expand further in overseas
market.
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