久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

print edition
China Daily
HK edition
business weekly
Shanghai star
reports from China
web edition news
 
   
   
 
government info economic insights campus life Shanghai today metropolitan  
   
       
  Biggest auto JV revs in Wuhan
(GONG ZHENGZHENG)
06/10/2003
China's State-run Dongfeng Motor and Japan's Nissan Motor have launched a much-anticipated joint venture (JV) in Wuhan, capital of Central China's Hubei Province.

Yesterday's official launch came nine months after Dongfeng and Nissan reached an agreement to set up the JV, known as the Dongfeng Motor Co Ltd.

Dongfeng Motor Co Ltd is the biggest Sino-foreign automobile JV so far in terms of investment and business scope.

The 50-50 operation has a registered capital of 16.7 billion yuan (US$2 billion). Nissan said it has put up US$1 billion in cash.

The parent Dongfeng, one of China's top three automakers, has devoted almost all of its businesses except its car and engine JV projects with other foreign partners - including French PSA Peugeot Citroen, Japan's Honda and Cummins of the United States - to the new venture.

The JV aims to produce 550,000 automobiles annually by 2006, including 330,000 Dongfeng-brand commercial vehicles and 220,000 Nissan-brand passenger cars.

The JV will also produce engines and spare parts.

Dongfeng Motor Co Ltd has a workforce of 74,000 and will start operation on July 1.

The JV's board chairman will be Miao Wei, general manager of the parent Dongfeng, and Katsumi Nakamura, the head of Nissan's operations in China, will be president.

The venture's first passenger car, the Nissan Sunny, will roll off the assembly line later this month, Carlos Ghosn, president of Nissan, said yesterday at the launching ceremony in Wuhan, where the new venture is headquartered.

The 2-litre Sunny will be produced at the JV's plant in Guangzhou, in South China's Guangdong Province.

"Nissan will introduce another five new passenger models into the joint venture by 2006," Ghosn said.

Sources from Dongfeng said the Guangzhou plant will produce the Teana - Nissan's newly launched luxury sedan - next year.

Nissan, 36.8 per cent owned by French automaker Renault, will bring its Cefiro sedan into the JV's plant in Xiangfan of Hubei Province later this year.

It will also produce buses and light trucks in Dongfeng's existing manufacturing base in Xiangfan.

Medium and heavy-duty trucks will be made in Shiyan, Dongfeng's headquarters in the province.

Dongfeng would also study the possibilities of Renault's participation in the project, Miao said.

Nissan is the latest foreign investor in China's auto industry.

Before that, world big names such as Volkswagen, General Motors and Toyota have set up joint ventures with China's domestic auto giants, like the First Automotive Works Corp based in Northeast China's Jilin Province and the Shanghai Automotive Industry Corp.

"Dongfeng Motor will be key to opening Nissan's new frontier in China," Ghosn said.

China's auto market is forecast to exceed 4 million units this year.

Last year, sales soared more than 50 per cent to top 1.1 million vehicles. In April, more than 167,000 cars were sold, 63 per cent more than a year earlier, according to data from industry research firm Automotive Resources Asia.

   
       
               
         
               
   
 

| frontpage | nation | business | HK\Taiwan | snapshots | focus |
| governmentinfo | economic insights | campus life | Shanghai today | metropolitan |

   
 
 
   
 
 
  | Copyright 2000 By China Daily Hong Kong Edition. All rights reserved. |
| Email: cndyhked@chinadaily.com.cn | Fax: 25559103 | News: 25185107 | Subscription: 25185130 |
| Advertising: 25185128 | Price: HK$5 |
主站蜘蛛池模板: 午夜亚洲国产成人不卡在线 | 亚洲欧美日韩高清 | 成人性欧美丨区二区三区 | 国产婷婷成人久久av免费高清 | 国产视频久久 | 日韩精品一区二区三区在线观看 | 国产在线成人精品 | 欧美一级在线视频 | 天天澡天天碰天天狠伊人五月 | 久久久久国产视频 | 欧美一级毛片一 | 日本精品一区二区三区视频 | 67id人成国产在线 | 大片刺激免费播放视频 | 高清在线精品一区二区 | 美国毛片毛片全部免费 | 一级毛片免费完整视频 | 日本久久一区二区 | 欧美精品亚洲精品日韩专区 | 欧美精品做人一级爱免费 | 欧美日韩精品一区二区免费看 | 成人欧美视频在线观看播放 | 国产无套视频在线观看香蕉 | 免费人成在线观看视频不卡 | 亚洲欧美日韩综合久久久久 | 6一12呦女精品 | 成人免费真人毛片视频 | 神马最新午夜限制片 | 大伊香蕉精品视频在线天堂 | 国产成人精品.一二区 | 国产码一区二区三区 | 成人影院vs一区二区 | 99精品在线 | 免费人欧美成又黄又爽的视频 | 国产手机免费视频 | 国产短视频精品一区二区三区 | 亚洲一区二区三区福利在线 | 中文字幕在线视频观看 | 毛片免费在线观看 | 国产三级久久久精品三级 | 国产国语在线播放视频 |