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Suzuki to build second plant in Chongqing

23 November 2011
Suzuki Motor Corporation plans to build a new car plant in Chongqing that will double the production capacity of its joint venture with Changan Automobile to 500,000 units a year, according to the Nikkei newspaper.

Chongqing Changan Suzuki Automobile announced recently that the company has started building a second manufacturing facility next to its existing one in the city. It will cost around US$780m and will reach its annual production target of 250,000 cars and 300,000 engines by 2015. The plant will be built in two phases, with phase one scheduled be put into operation in 2013.

Suzuki sold about 300,000 cars in China last year, putting it behind Nissan, Toyota and Honda. In the first 10 months of 2011, Changan Suzuki reported sales of more than 180,000 units, an increase of 14 per cent year-on-year.

     
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