Gasgoo.com (Shanghai August 8) - Geely Automotive Holding Group denied recent media rumors that it would be investing $2 billion to expand production sites in Indonesia, nddaily.com reported today. The official rebuttal was made last Friday, where a Geely official said that the manufacturer was still discussing what to do with its Indonesian market.
Aug. 9 , 2011Gasgoo.com (Shanghai August 4) - Dongfeng Nissan will begin construction of its second engine factory in Henan's capital of Zhengzhou, the Beijing Times reported today. The joint venture held a ceremony for the news, with Dongfeng Nissan's President Matsumoto Fumiaki among those in attendance. Mr. Matsumoto announced that the joint venture's production capability will increase from 480,000 units to 1 million by next year.
Aug. 5 , 2011