DaimlerChrysler will expand its commercial vehicle business in China by increasing local production capacity, Forbes reported, citing the China Daily. The company is awaiting approval for a plant in Fujian province, run as a joint venture with Fujian Motor Industry Group Co. and Taiwan's China Motor Corp., which will have annual production capacity of 40,000 vans. The company also signed a memorandum of understanding with Beiqi Foton Motor Co., with which it already has a joint venture producing Mercedes-Benz passenger cars. The China Daily reported that DaimlerChrysler will likely use the Foton venture to produce Mercedes-Benz heavy-duty trucks.