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JAPAN: Dongfeng plans to enter Japanese market

By just-auto.com editorial team | 28 November 2006

Chinese carmaker Dongfeng Motor Corp (DFMC) is to export sports cars to Japan next year that are likely to be 10% cheaper than comparable Japanese models, according to a report by Nikkei.

The report says that Dongfeng aims to export 2,000 units annually to Japan, beginning shipments with a four-seater car with a 2.3 litre Mitsubishi engine selling at a price of about RMB200,000 in China.

In addition, the vehicle, manufactured in a Dongfeng's subsidiary in Rongcheng, Shandong, will also be exported to North America and Korea.