July 14, 2009
ChangAn Auto to Build Cars in South Africa
Chang'an Auto or Chana will build an auto plant in South Africa and invest approximately $80 million (US dollars). The plant will be the final phase of a multi-phase plan to capture at least 4% of South Africa's car market. The car assembly plant would be the first such venture in 40 years in South Africa. Currently the company imports cars in a joint venture with a South African importer and has around 20 dealerships....
Labels: chinese autos, foreign relations, free trade
# posted by Sinomania! : 7/14/2009 09:41:00 AM
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