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Nissan to challenge VW, Toyota with new $785 million north China plant
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06-14-2012, 09:26 AM
 Post: #1 |
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Nissan to challenge VW, Toyota with new $785 million north China plant
Source
Photo credit: Nissan June 14, 2012 By: CF staff ![[Image: 7371987034_700bd598a8_b.jpg]](http://farm8.staticflickr.com/7101/7371987034_700bd598a8_b.jpg) Nissan the biggest Japanese automaker in China, is to build a 5 billion yuan ($785 million) plant in the northeast of the country, a person with knowledge of the plan said, extending its reach in the world's largest auto market. The plant, in Dalian city, is part of Nissan's 30 billion yuan investment in China by end-2015, vying with General Motors (GM.N) and other global automakers also looking to the emerging Asian giant for growth as more developed markets stutter. Reviews |
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