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Dongfeng

Nissan Joint Venture With Dongfeng to Invest 50 Billion Yuan for Expansion

Nissan Motor Co. announced a 50 billion Yuan ($7.7 billion) expansion plan for China from 2011 to 2015. It expects to increase sales to 2.3 million vehicles by 2015 from 1.28 million last year. This is also part of a global strategy to focus on faster-growing emerging markets and reduce reliance on the United States.   Nissan did a 50-50 ...

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