China: Dongfeng to invest Yuan 14.7bn towards expansion

Dongfeng Motor plans to expand its annual production capacity to five million units by 2015. To achieve this, the company intends to invest Yuan 14.7bn (US$2.23bn) in its facilities. According to a report carried by the Chutian Metropolis Daily, this move is part of its business strategy for the Twelfth Five-Year Subscribe to Automotive World … Continued

• By Webmaster
• February 17, 2011