TAIPEI â€“ Taiwanese auto maker China Motor Corp says its Chinese affiliate, South East (Fujian) Motor Co. Ltd., will implement a 3-stage capacity expansion at its Fuzhou plant. Once the RMB1 billion ($146 million) project is completed, SEM will have capacity to produce 300,000 vehicles annually. SEM expects to launch at least two new models as part of the expansion. First to roll out will be a 1.2L mini commercial van, dubbed the C1, derived from China Motorâ€™s Varica model, which will ...
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