CHINA: FAW Car plans new assembly plant - report
FAW Car Co., a unit of major China vehicle conglomerate FAW Group Corp., said on Tuesday it plans to invest 1.80 billion yuan to build a plant to assemble large and medium-size sedans, Dow Jones reported. The new facility will help boost FAW's capacity to 100,000 units a year, FAW said in an announcement, cited by the news agency.
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