Nissan to double its production capacity in China by 2012

Article by Christian Andrei, on September 21, 2010

As the economy recovers, so does the demand for cars. That is why Nissan Motor Co. has decided to accelerate plans and will nearly double its production capacity in China to 1.2 million cars by 2012, according to CEO Carlos Ghosn.

At a media briefing after the opening ceremony of its second Zhengzhou factory, in central China, Ghosn said that China is the “second-largest economy in the world,” which is why Nissan’s “ambitions and actions are aligned with the current reality.”

He revealed that Nissan will be opening another factory in 2012 in the southern city of Guangzhou’s Huadu district. No timeframe was given but Ghosn shared that Nissan will put up additional factories and will expand its facilities to be able to widen its China market share to 10% from 6%.

China’s economy increased by 10.3% in the second quarter. This had certainly played a huge factor in increasing total car sales in the country.

Aside from Nissan, Volkswagen AG is also expanding in China. Ghosn added that Nissan is systematically increasing its capacity to ensure that it will either maintain its market share or increase it. Costing 1 billion yuan ($149 million) to construct, the new Zhengzhou plant boasts an annual capacity of 180,000 cars.

It is expected that by the end of the year, it will create 1,400 jobs. Nissan’s Teana and Sylphy sedans are built together with Dongfeng Motor Group Co. in mainland China, where it operates three car factories and one engine plant. Hong Kong, Macau and Taiwan are not included in mainland China. [via autonews - sub. required]

Topics: nissan, china, production

If you liked the article, share on:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016