DaimlerChrysler still searching for joint-venture partner

Published reports cite First Automotive Works’s (FAW) gm Zhu Yanfeng as saying the company is in talks with DaimlerChrysler AG about forming a joint heavy-duty truck making venture. Last month, DaimlerChrysler was rumored to be in talks with another manufacturer from the People’s Republic of China, South-East Motor Corp., which is equally held by Taiwan's China Motor Co. and mainland China’s Fujian

Tim Parry

July 16, 2001

Published reports cite First Automotive Works’s (FAW) gm Zhu Yanfeng as saying the company is in talks with DaimlerChrysler AG about forming a joint heavy-duty truck making venture.

Last month, DaimlerChrysler was rumored to be in talks with another manufacturer from the People’s Republic of China, South-East Motor Corp., which is equally held by Taiwan's China Motor Co. and mainland China’s Fujian Provincial Automobile Industry Corp. South-East Motor spokesman Huang Tao said the company and DaimlerChrysler, its Chinese partner, have been talking about a joint truck-making venture as well.

A spokesperson for DaimlerChrysler confirmed the OEM is in talks with “a number of people, and one of those is FAW.” She declined to provide any other details.