Nissan to double its production capacity in China by 2012

Article by Christian A., 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:

Pin It

Comments

Recommended

To the proud owners and owner-to-be of the Porsche 991 Carrera GTS, there's good news for you all. German automobile manufacturer Porsche recently confirmed to the public that the Porsche...
by - March 23, 2017
McLaren diehards, this is the moment that you're all waiting for. The British automaker recently publicized the teaser outline of its new automobile that will hit the streets soon, dubbed...
by - March 23, 2017
PSA seems very confident about conquering the world. The purchase of Opel/Vauxhall for €2.2 billion ($2.3B) from General Motors makes PSA the second largest car company, just behind the Volkswagen...
by - March 23, 2017
Reporting for duty. It’s been a year since the Victoria Police was loaned a new Mercedes-AMG GLE 63 S Coupe. In those 12 months, the coupe served as the law...
by - March 23, 2017
After making its debut at the Paris Motor Show last year as a concept car, the Trezor by Renault managed to bring home the 2016 Concept Car Design Of The...
by - March 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries