TOKYO, Dec 21 (Reuters) - Nissan Motor Co. Ltd. and its Chinese partner Dongfeng Automotive Investment said on Tuesday that they would spend $362 million to build a new engine plant in Guangzhou, southern China.
The plant, to be built by their joint venture Dongfeng Motor Co. Ltd., will begin operations in early 2006.
The production capacity is expected to rise to 360,000 units, with a workforce of 1,500, by 2008, Dongfeng Motor said.