With China emerging as a growing automobile market, car manufacturers are heavily investing in factories there to save on labor and shipping costs. Nissan is the latest to jump on the bandwagon, as it announced on Wednesday it will build a plant in China.
The third-biggest Japanese automaker will build a plant in central China’s Henan province that will have a capacity of 120,000 light commercial vehicles, in a joint venture with Dongfeng Motor Co. Together with Dongfeng Automobile Co., the three parties will invest a total of $145 million dollars to build the plant, according to The Detroit News.
The car manufacturing plant would become Nissan’s fifth vehicle production plant in China, where the automaker also operates an engine factory.
Last month, Nissan also announced it will build a light commercial vehicle facility in the U.S.
05/28, 2:55 PM
posted by:
HemiRoadRunner
Dongfeng??? Yeah, I’d almost buy something with that name. “Whatcha driving there?”, “Oh, it’s my new Dongfeng, looks like $H!T don’t it?”
05/28, 4:22 PM
posted by:
xyunya
This plant is in China for Chinese consumption. Do you know where your pants were made? Look on label of your underwear (if you wear any) it says “made in China”. How’s your boys enjoy that close relationship with Dongfeng product?