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VW Opens Another Assembly Plant in China
Volkswagen AG's latest assembly plant with partner FAW Car Co. opened this week in Foshan, China.
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Volkswagen AG's latest assembly plant with partner FAW Car Co. opened this week in Foshan, China.
The new factory boosts VW's annual production capacity in the country by 300,000 units to nearly 3 million vehicles. The company says it will double the facility's annual capacity several years from now.
The Foshan plant will initially produce the seventh-generation Golf small car and its Audi A3 variant. The company says it currently makes 20 models in China under its Audi, Skoda and VW brands.
The Foshan plant is part of a €9.8 billion investment program that will raise VW's capacity in China to more than 4 million units in 2018 through its joint ventures with FAW and Shanghai Automotive Industry Corp. By then, the company expects to be operating 19 assembly plants across the country.
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