IN BRIEF (Page 13)
China Daily | Updated: 2010-01-21 07:56
Honda investment
Honda Motor said yesterday its car venture with Dongfeng Motor Group Co is investing 1.15 billion yuan to build a second plant in China.
The plant, scheduled to start operations in the second half of 2012, will have an initial annual production capacity of 60,000 units. Dongfeng Honda expects to boost the plant's annual capacity eventually to 240,000 vehicles.
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