Today, April 17th, Changan Suzuki began laying the foundation of its second production site in Chonqging’s Banan District.
A total of 2.3 billion yuan ($364.52m) will be invested in the site, which will produce about 100,000 vehicles annually, of two Suzuki models. The site is situated in Banan District’s Tianming Automobile and Motorcycle Industrial Park and will cover 134.7 sq. m. the facility will be built according to the 134.7 sq. highest of environmentally friendly standards. It will have four assembly lines and production is planned to start in 2013, bringing in 1.3 billion yuan ($206.04m) in taxes and 3,000 jobs.
Suzuki jointly established Changan Suzuki with Changan Automobile Co., Ltd. in 1993 and began production of the Alto in 1995, followed by Cultus, Swift, and SX4 in the next 19 years. Changan Suzuki’s current plant in Banan District, Chongqing produces 250,000 units annually. But the expanding Chinese auto market made the company decide to open a second plant in the area next to its current plant.
The ceremony had as guests Huang Qifan, Mayor of Chongqing, Tong Xiaoping, Vice Mayor of Chongqing, and Chiharu Tsuruoka, Pricipal Officer of the Consulate-General of Japan at Chongqing, but also Xu Liuping, Chairman of the Changan Automobile, Zhang Baolin, President of the Changan Automobile, Toshihiro Suzuki, Vice President of the Suzuki Motor Coporation, and Changan Suzuki dealers.