UPDATE 1-Suzuki to double car making capacity in China-Nikkei

Newswire

(Follows alerts) Nov 18 (Reuters) - Suzuki Motor Corp plans to build a new passenger car factory in China, which will double the production capacity of its Chongqing-based joint venture to 500,000 vehicles a year, the Nikkei business daily said. The capacity increase, which will be effective in 2015, will cost around 60 billion yen ($779 million), the newspaper reported. The daily added that Suzuki also plans to double the production capacity at its existing factory. Suzuki will ...

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