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Dongfeng Motor JV with Nissan to expand plant
DONGFENG Motor said yesterday its joint venture with Nissan would spend 5 billion yuan (US$732.1 million) to expand a new passenger vehicle plant in China's southern city of Guangzhou.
The new plant is due to be completed in 2012 with a maximum production capacity of 240,000 units, taking Dongfeng Nissan, the Chinese joint venture, to an annual production capacity of 700,000 vehicles.
The new plant is due to be completed in 2012 with a maximum production capacity of 240,000 units, taking Dongfeng Nissan, the Chinese joint venture, to an annual production capacity of 700,000 vehicles.
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