Beijing
Suzuki to make automobile engines in China
www.chinaview.cn 2003-09-17 11:14

¡@¡@TOKYO, Sept. 17 (Xinhuanet) -- Japan's Suzuki Motor Corp. is in talks with a Chinese automaker on jointly manufacturing automobile engines in China, a major Japanese business daily reported Wednesday.

¡@¡@Suzuki Motor and Changhe Aircraft Industry (Group) Corp. already produce an automobile through a joint venture and are now in talks to build a new production site in east China's Jiangxi Province.

¡@¡@According to the Nihon Keizai Shimbun, Suzuki is also considering making a second model with Changhe Aircraft and jointly build a plant for 1-liter-class engines with an investmentof 15 to 22.5 billion yen (128 to 192 million US dollars), which will be shared with Changhe.

¡@¡@With an annual capacity of 300,000 units, the new site is expected to go on line around 2005, the newspaper said.

¡@¡@Since 2001, the two automakers have been producing the Wagon R at Jiangxi Changhe Suzuki Automobile Co., which boasts an annual capacity of 100,000 units. Enditem 


¡@Related Stories