Fiat Argues Braiding Job(activity equal to Nanjing Motor
ROMA – The Side Of Fiat SPA argues that [his] side has signed approval with Nanjing Automobile Corp. Weekend then, one of media China reports on that both the companies has agreed on same job(activity to produce car.
The Side Of Fiat PSA tells that there is no agreement signed. Company also argues news China’s official Xinhua news agency that Fiat mutuallies agree to invests fund equal to 3 billion Yuan or thinks USD400 million improvement response to of market Fiat in China. The Side Of Nanjing x’self doesn’t give comment about this news.
Nanjing Auto, eldest car manufacturer in China, buys British brand MG Rover in the year 2005. Nanjing invested USD362 million to produce MG in factory eastside China Maret then.
Fiat x’self targets 300000 vehicle units is sold in India in the year 2010 coming. While Fiat only produce 31000 mobile units last year.
Company with the biggest production volume fifth in this world has braided job(activity equal to Shanghai Automotive Industry Corp produces truck. And cooperates with Chery Automobile Untuk produce of car machine.
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