Foreign shareholders of Foton Daimler consider halting China business

In October 2024, the foreign shareholders of Foton Daimler officially announced that the company was evaluating the future of its business in China as the recovery of the Chinese truck market was still far away. In December, news began to circulate that Mercedes-Benz heavy trucks had stopped production and dealers had gone bankrupt. The "half-salary system" for the employees of the above-mentioned Mercedes-Benz division was implemented just after the Daimler Group considered "suspending" its business in China.