nissan to invest 14 bln dollars in new plant
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Nissan to invest 1.4 bln dollars in new plant

Arab Today, arab today

Arab Today, arab today Nissan to invest 1.4 bln dollars in new plant

Rio De Janeiro - Xinhua

Japan's Nissan Motor Company said on Thursday it had signed an investment deal worth 1.4 billion U.S. dollars to build a new plant in Brazil. The new plant in Resende, a town located west of Rio de Janeiro, is expected to create 2,000 jobs and start operation in the first quarter of 2014 with an annual capacity of 200,000 vehicles, said Carlos Chosn, chairman and CEO of the Renault-Nissan alliance. "The plant will produce vehicles for Brazil as well as for Latin America, although you can justify the building of the new plant only for the Brazilian market," said Ghosn in a statement. "Just as Nissan has done in China, Russia and India, we are investing in regions with the best potential for growth," he said. The announcement came just one day after French automaker Renault, which holds a 44.3-percent stake in Nissan, said it would invest an additional 270 million dollars in its factory in the southern city of Curitiba, to raise its annual production to 380,000 vehicles. The Renault-Nissan group currently has a 6.5-percent share in Brazil's automobile market and plans to double it by 2016.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nissan to invest 14 bln dollars in new plant nissan to invest 14 bln dollars in new plant

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nissan to invest 14 bln dollars in new plant nissan to invest 14 bln dollars in new plant

 



GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 17:43 2016 Monday ,15 August

Libya forces press assault on last Daesh positions

GMT 09:32 2018 Wednesday ,12 December

Huawei CFO gets bail; China detains ex-Canadian diplomat

GMT 19:48 2016 Friday ,01 January

Rwandan president announces he will seek third term

GMT 20:46 2017 Tuesday ,14 March

French probe opened into 2016 Vegas trip by Macron

GMT 10:13 2017 Saturday ,04 November

Britain, US oppose Russian bid

GMT 06:03 2017 Wednesday ,30 August

Egypt, Belarus FMs confer on bilateral ties

GMT 13:09 2017 Monday ,20 February

Refuses to convert his novel to unethical one

GMT 15:38 2017 Tuesday ,28 March

Erdogan urges quick EU decision on membership bid
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday