Cars
The Volkswagen Group announced on Wednesday plans to expand its production capacities in China with the construction of a new automotive plant in at Foshan, in the Southern Chinese region of Guangdong. The new production facility will have the capacity to assemble 300,000 vehicles annually and will begin operations in mid-2013.
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- Fiat Group And Guangzhou Sign Agreement On China Car And Engine Production
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Cars
Volkswagen Group to Build New Factory in Foshan, China
The Volkswagen Group announced on Wednesday plans to expand its production capacities in China with the construction of a new automotive plant in at Foshan, in the Southern Chinese region of Guangdong. The new production facility will have the capacity to assemble 300,000 vehicles annually and will begin operations in mid-2013.
"China has become the Volkswagen Group's largest and most important sales market. We intend to continue above-average growth side by side with our partners. With our unprecedented investment program, we intend to double our capacities in China to three million vehicles per year by 2013/14," said VW boss, Martin Winterkorn.
- Vw Group Inaugurates New Plant In China For Vw And Skoda Vehicles
The VW Group is expanding its production capacity in China with a new vehicle plant located in Changsha, in the south of the country. Opened by the Shanghai-Volkswagen (SVW) joint venture, the new factory is the VW Group’s 119th global facility...
- Vw Opens Up New Plant In China With An Annual Capacity Of 300,000 Vehicles
As the Volkswagen Group's largest market, the Germans want to maintain the momentum in China by opening a new plant for Shanghai Volkswagen (SVW) in Yizheng, situated in the eastern part of the country. Construction of the new manufacturing facility...
- Volkswagen Group Mulls New Low Cost Brand For China
At last week’s Shanghai Auto Show 2011, the Volkswagen Group expanded its China portfolio with the official introduction of the Seat brand to the world’s largest car market. However, the German giant has more plans in store for China as...
- Volvo To Build New Car Plant In China, Aims To Sell 200,000 Vehicles In The Chinese Market By 2015
At a press conference held earlier today in Beijing, Chinese-owned Volvo Cars announced plans to build a new plant in the city of Chengdu and continuing investigations for a second factory in Daqing, in north-eastern China. Volvo said that the deal is...
- Fiat Group And Guangzhou Sign Agreement On China Car And Engine Production
Italy's largest manufacturer, the Fiat Group and China's Guangzhou Automobile Group (GAC) have signed an agreement for the establishment of a 50/50 joint venture that will produce cars and engines for the Chinese market beginning from the second...