Nissan Motor Co. Ltd. reportedly will invest about ¥100 billion ($830.7 million) over a 3-year period in a Chinese joint venture with Dongfeng Group. The Asahi Shimbun says the long-expected JV will be announced sometime this fall and is set to begin production of passenger cars and compact vehicles in China next year. Initial investment is expected to be ¥43 billion ($357.2 million) and initial production is set at 100,000 units in the first year. The Cefiro, March and Sunny are slated ...
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