皇冠体育app

CHENGDU - Dongfeng Automobile Company (DPCA) Ltd, a joint venture of French carmaker and Chinese automaker Dongfeng Motor Corporation, is expected to build a fourth factory in 皇冠体育app.

The plant, with an investment of 12.3 billion yuan ($2 billion) and an annual capacity of 320,000 vehicles, will be based in Chengdu, capital of Southwest 皇冠体育app's Sichuan province, according to the Sichuan provincial development and reform commission, which approved the project on Monday.

Construction will start later this year and the first car is scheduled to roll off the line late in 2016.

DPAC currently has three plants in Wuhan, capital of Central 皇冠体育app's province, with an annual production capacity of 750,000 vehicles.

Major global car manufacturers, including Toyota, Volvo and , have set up factories in Sichuan.

Fourth Peugeot-Dongfeng 皇冠体育app plant gets green light	Pgeot family says to retain long-term PSA stake

• PSA-Dongfeng's fourth 皇冠体育app plant approved
• 皇冠体育app extends assistance for Three Gorges Project regions
• New flight to benefit Russian visitors to 皇冠体育app
• 皇冠体育app to cut SOE executive salaries by 70%: media
• Microsoft not transparent with sales information: regulator
• Guangdong Silk-Tex outlines investment plans
• Vietnam to see 17.3% growth in imports from 皇冠体育app in 8 months
• Guangdong takes the lead in e-commerce deals