Shanghai Automotive Industry Corp, a partner of Volkswagen AG and General Motors, signed a memorandum of understanding with the city government of Nanjing, capital of Jiangsu province, pledging to invest 10 billion yuan (1.5 billion U.S. dollars) for the expanded production. View full post on All Stories
Posts Tagged ‘capital’
SAIC to invest $1.5 bln in Nanjing to produce 1 mln units
December 28th, 2010 
davidguide 
Posted in Car Licensing 
Tags: Automotive, bln, capital, City, jiangsu province, memorandum of understanding, Nanjing, Understanding, Volkswagen, volkswagen ag 
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