Volkswagen Group’s newest assembly plant in Ningbo, in southeast China, has opened. This is VW's 16th plant in the country. The plant – a joint venture with SAIC Motor Corp. -- is expected to have a 300,000-unit production capacity every year. This plant will have about 5,700 workers. The plant will be building the mid-sized Skoda Superb initially.
At a later time, VW will add Volkswagen brand and Skoda vehicles that will ride on the company's MQB modular transverse platform. In a statement last Thursday, Martin Winterkorn (the CEO of Volkswagen Group) said that this new, high-tech factory is additional proof of how committed the Volkswagen Group is in doing business in China.
SAIC Motor also has assembly plants in Anting, Nanjing, Yizheng and Urumqi. In 2015, the sixth assembly plant in Changsha in south central China will finish construction.
Furthermore, Volkswagen has a joint venture with China FAW Group too. With the aid of these two Chinese partnerships, VW Group aims to increase its annual production to 4 million vehicles in 2018. From January to September 2013, the sales of Volkswagen in China increased by 18 percent to 2.36 million units.