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With the improvement of industrial facilities, Huadu, Development Zone, and Nansha's three major automotive industry bases have formed in Guangzhou. It is expected that by 2010, the total output value of the Guangzhou automobile industry will reach 300 billion yuan, the total vehicle production capacity will exceed 1 million, and the sales revenue will exceed 120 billion yuan. Gan Xin, director of the Guangzhou Planning Commission, revealed on the 3rd that after the expansion project of the Honda car reached an annual production capacity of 240,000 units in February 2004, the expansion of the Guangzhou Dongfeng Passenger Vehicle with an annual output of 150,000 units was completed in May. . A few days ago, Toyota’s entire vehicle project was approved by the State Council and construction will start in the year. Authoritative sources believe that Guangzhou’s auto production capacity has exceeded 400,000 this year, which has doubled from last year. (Reporter Cai Guozhao)
Guangzhou Forms Three Major Automobile Industry Bases
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