On November 9, 2010, Tim Solso, Chairman and Chief Executive Officer of Cummins Inc., Steve Chapman, Vice President of Cummins Group, Sean Milloy, Cummins Group Vice President, Head of Light Engine Division, and Cummins (China) Investment Co., Ltd. Vice Chairman Wang Hongjie and some Cummins executives lined up for a visit to Foton Motor.
Chairman Su Zhiqiang and his team first visited the Auman factory accompanied by Hou Haijing, vice president of Foton Motor and director of Auman Plant. After the visit, the leaders of Cummins held discussions with the heads of Foton Motor General Manager Wang Jinyu and Deputy General Manager of Foton Motor Zhang Xiyong and other leaders. At the symposium, deputy general managers of Foton Automobile Zhao Weichun, Wang Xiangyin, Cummins executive director, and high horsepower engines Engineer Blake Larson gave a presentation on the Foton 2020 strategic plan, the overseas operations of Foton Motor, and the Cummins diesel technology leader.
After the introduction, Cummings Chairman Su Zhiqiang analyzed Cummins’s global operations this year, made predictions on the economic and political trends of the United States in the coming years, and introduced Cummins’s successful global experience. Su Zhiqiang, chairman of the board, especially shared a model of regular meetings adopted by Cummins in the process of globalization: joint ventures set up sub-items by department, sub-items meet regularly to discuss and report on the situation of joint ventures, twice a year. The joint venture executives talks for reference. Through dialogues and exchanges between departments, all-round and in-depth mutual trust between joint ventures has been formed, which has greatly promoted the development of joint ventures. In the end, Chairman Su Zhiqiang stated that the cooperation between Foton and Cummins is very important to Cummins. He is full of confidence in Futian Cummins's future and is full of confidence in Futian’s global strategy, and hopes to further cooperate with Futian in the international market. .
Futian Automobile General Manager Wang Jinyu said: Foton Motor also attaches great importance to cooperation with Cummins. At present, China's economy continues to develop at a rapid rate, and there is still much room for growth in China's urbanization. It is expected that by 2020, China's urbanization will increase from the current 40% to 60%, and the global economy is also recovering. In a good environment, Foton Motor will seize the opportunity to realize the global strategy of Foton Motor in 2020. At present, the cooperation direction between Foton Motors and Cummins is very successful. He hopes that the two sides will strengthen exchanges and realize the sound and rapid development of Foton Cummins.
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