GUANGZHOU -- Nissan Motor's Chinese operation will invest 920 million yuan ($129 million) in a tie-up with China's state-owned Dongfeng Motor Group to build and sell off-road SUVs.
Business deals
Nissan's China venture to invest $130m in SUV tie-up with Dongfeng Motor
Company expected to contribute production equipment, know-how for 10% stake
Dongfeng Motor Group, Dongfeng Nissan, and others plan to create a new auto venture in China focusing on off-road SUVs. (Photo by Shizuka Tanabe)
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