UPDATE 1-Nissan China JV to invest $362 mln in engine plant

Newswire

(Adds details, comment, dateline) TOKYO/SHANGHAI, Dec 21 (Reuters) - Japan's Nissan Motor Co. Ltd. and China's Dongfeng Automotive Investment will spend $362 million to build an engine plant in southern China, both companies said on Tuesday. The plant, to be built in Guangzhou by their joint venture Dongfeng Motor Co. Ltd., will begin operations in early 2006. Production capacity is expected to hit 360,000 units annually, with a workforce of 1,500, by 2008, Dongfeng Motor said in a ...

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