Nissan's China jv to set up R&D centre in Guangzhou

Newswire

TOKYO, March 24 (Reuters) - Nissan Motor Co's Chinese joint venture, Dongfeng Motor Co, said on Wednesday it would set up a $40 million R&D centre for passenger cars in the coastal city of Guangzhou to begin operations at the end of 2005. The new facility will work closely with Nissan's research and development centre in Japan. "By increasing localisation of development work for Dongfeng's China models and making use of Nissan's global R&D technologies, the new centre is expected ...

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