China: Dongfeng Motor to invest Yuan 30bn in own brand

Dongfeng Motor has recently announced plans to invest Yuan 30bn (US$4.73bn) in its own-brand vehicles over the next five years. This is in line with its strategy to sell three million of its own-brand vehicles in 2016, compared with sales of around one million of its own vehicles in 2011, China Subscribe to Automotive World … Continued

• By Webmaster
• December 20, 2011