Dongfeng Motor Co relocates HQ to Wuhan
By Yu Qiao (China Daily)
Updated: 2006-06-22 10:23
Dongfeng Motor Co Ltd, the biggest Sino-foreign vehicle joint venture,
yesterday announced that it has moved its headquarters to Wuhan, the industrial
and communications hub of Central China, from the smaller city of
Shiyan.
The relocation comes three years after the joint venture was
created by China's No 3 auto group Dongfeng Motor Corp and Japan's
second-biggest carmaker Nissan Motor Co with a combined investment of more than
US$2 billion.
High-grade car
model Teana by Dongfeng Motor Co Ltd is showed at an auto exhibition, the
biggest Sino-foreign vehicle joint venture, yesterday announced that it
has moved its headquarters to Wuhan.
[newsphoto] |
The venture was headquartered in
Shiyan at that time. The city, which doesn't have an airport, is more than 500
kilometres northwest of Wuhan.
Katsumi Nakamura, president of the
venture, said yesterday at a ceremony that the relocation will make the
company's operations more transparent and will greatly enhance management
efficiency.
"The company has extensive operations nationwide. The move
will enable us get closer to the markets and customers (in different regions),"
Nakamura said.Dongfeng Motor Co has plants in Hubei Province, Guangdong
Province and the Guangxi Zhuang Autonomous Region in the south, Zhejiang
Province in the east and Xinjiang Uygur Autonomous Region in the northwest.
It manufactures Dongfeng-brand trucks and buses, and cars under the
Nissan nameplate, as well as spare parts.
(For more biz stories, please visit Industry Updates)
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