Dongfeng, Nissan to expand China plant

Newswire

HONG KONG, July 28 (Reuters) - Dongfeng Motor said on Tuesday its joint venture with Nissan would spend 5 billion yuan ($732.1 million) to expand a new passenger vehicles plant in China's southern city of Guangzhou. The new plant is scheduled 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. ($1=6.830 Yuan) (Reporting by Alison Leung, editing by Will Waterman)

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