China: Nissan JV Dongfeng Motor to invest Yuan 50bn

Dongfeng Motor Co., Ltd., (DFL), Nissan's joint venture in China, has announced a new five-year business plan to accelerate growth in the country, entailing investments of Yuan 50bn (US$7.8bn). DFL aims to increase sales from 1.3 million vehicles today to more than 2.3 million units by the end of 2015, an Subscribe to Automotive World … Continued

• By Webmaster
• July 26, 2011