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2 clusters · 4 sources · 15 days · First seen · Last updated

Foton automotive market expansion

Overview

Foton, an Asian automotive exporter specializing in commercial and passenger vehicles, is expanding its international presence. The company recently marked its 30th anniversary globally and five years of operations in Venezuela, where it has reached the seventh position among the most sold vehicle brands through a network of dealerships.

In Brazil, Grupo Malabar has expanded Foton operations by opening a new dealership in São Paulo. This facility, representing part of a R$ 40 million investment by the group, focuses heavily on after-sales services and includes dedicated infrastructure for electric vehicle maintenance.

Entities

Foton · Cámara Automotriz de Venezuela · APB Group · São Paulo · Grupo Malabar

Timeline

  1. 2 days ago

    [BUSINESS] 2 sources
    Foton opens first dealership in São Paulo

    Grupo Malabar has opened its first Foton dealership in São Paulo, investing R$ 10 million in a facility focused on after-sales services and electric vehicle maintenance.

  2. 16 days ago

    [BUSINESS] 2 sources
    Foton celebrates 30 years globally and 5 years in Venezuela

    Automotive manufacturer Foton celebrates 30 years globally and five years in Venezuela, where it ranks as the seventh best-selling vehicle brand.

Sources

eaemaq.com.br · entornointeligente.com · estamosenlinea.com.ve · transportemoderno.com.br