Dongfeng Motor Co. Ltd. will build a new plant in China’s Guangdong province for the production of Nissan Motor Co. Ltd.’s next-generation global engines. Dongfeng, a joint venture between Nissan and Dongfeng Automotive Investment, is committing RMB3 billion ($362 million) in the facility in Huado, Guangzhou, that is set to open in early 2006. Dongfeng says output is slated to reach 360,000 units annually by 2008. Employees should number 1,500 at that time. The facility will supply ...
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