- Mar 21, 2006
Nissan opens new joint-venture R&D facility in China
In an effort to keep its finger on the pulse of a quickly-expanding automotive market in China, Nissan's joint Chinese venture, Dongfeng Motor Co., has opened up a $41 million technical center in Guangzhou, China. The new center will develop vehicles for the Chinese market in cooperation with other Nissan technical centers around the globe. The facility, which replaces a smaller research operation, will also help develop less expensive components for Nissan cars around the world through the center's ties with China-based suppliers.
[Source: Automotive News]