Volkswagen gets approval to build two plants in China

Article by Christian A., on June 28, 2011

During the German-Chinese government consultations in Berlin, the Volkswagen Group obtained final approval to build two further plants in China, specifically in Foshan and Yizheng.

As part of its long-term growth strategy in the biggest market for passenger vehicles in the world, the company can now proceed with the building of the plants as planned.

The chairman of the Board of Management of Volkswagen Aktiengesellschaft, Prof. Dr. Martin Winterkorn, and the Presidents of the Chinese partner organizations have signed the appropriate declarations.

The plant at Yizheng will be developed together with partner Shanghai Volkswagen while the one at Foshan will be erected with the FAW-Volkswagen joint venture. During the summer of 2010, the first documents for the development of the two locations were signed.

During the signing of contracts at the Federal Chancellor's Office in Berlin, Winterkorn said that further substantial growth in China is still expected in the future.

He also revealed that the Volkswagen Group plans to play a major role in shaping this growth with new eco-friendly models and the expansion of local production capacity. The company’s new plants show that it remains to be a “strong motor” for the automobile industry in China, Winterkorn added.

Topics: vw, china, factory

If you liked the article, share on:

Pin It

Comments

Recommended

Lamborghini has officially offered clear proof that the Huracán Performante was able to set a new record at the Nürburgring Nordschleife with a time of 6:52.01 It was in early...
by - March 25, 2017
Top Gear has revealed that for its “Stars in a Reasonably Fast Car” segment, it will now be using a slightly enhanced Toyota GT86, which in the U.S. market is...
by - March 24, 2017
Porsche is laying aside any plans of pushing another hybrid hypercar into their line-up -- at least not at this time. Oliver Blume, Porsche Global Chief confirmed in a recent...
by - March 24, 2017
Since 1993, Lexus has produced 4 generations of the Lexus GS, with the GS F amongst its newest member of the family. Unfortunately, rumors are also heating up that the...
by - March 24, 2017
In a leaked image following a presentation held in China, we learned that Czech automobile manufacturer Skoda will soon unveil 2 more new SUVs in China, resulting in a four-model...
by - March 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries