China Hopes To Poach Overseas Automotive Engineering Talent

China has a problem. Although it has the financial and material resources to compete with the world’s automakers, it lacks the design and engineering knowhow.
The solution – to companies such as BAIC, Dongfeng, Chang’an and others – is to seek talent abroad; in Germany, Italy, Japan, the UK and USA. Research and development centres are popping up in Nottingham and Detroit and recruitment fairs are being held in Munich, Stuttgart and Aachen.
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Daimler Signs US$2.87 billion Deal with BAIC

The picture may seem familiar: Chinese and German businesspersons on the same table signing some papers, while German Chancellor Dr. Angela Merkel, and Chinese Prime Minister Wen Jiabao, standing behind them with their country flags are floating in the background.
Only this time the Germans are Daimler’s executives, not Volkswagen’s, and the other signatory is BAIC (Beijing Automotive Industry Corporation).
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BAIC’s Foton to Enter Australian Market with New 1-Tonne Pickup Truck

The Australian pickup truck market will soon welcome a new player in the 1-tonne segment, courtesy of China’s ever-growing automotive industry. Beiqi Foton Motor Co. Ltd, more commonly referred to as BFC or simply Foton, is a subsidiary of China’s more widely known BAIC and will be represented in the country by Sydney based Australian automotive distributor, WMC Group.
The WMC Group secured the rights to distribute the Foton range of 4x2 and 4x4 utility vehicles with plans for the first vehicles to go on sale in Australia early next year. The Sydney based distributor said Australian Design Rule compliance and testing is currently underway and is due to be finalized within the next two months.
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