Recently, the 100,000-200,000 capacity expansion project of the Guangzhou Automobile Passenger Vehicle Factory was approved by the Guangzhou Development and Reform Commission. The production capacity of Guangzhou Automobile Passenger Vehicle Factory has increased from 100,000 vehicles per year to 200,000 vehicles per year. The total investment of the project is 1.91 billion yuan. After the completion of the project, it will further meet the different levels of demand in the automotive market, enhance the overall level of the Guangzhou automotive industry, and drive the rapid development of automotive parts and related industries.
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