China: VW planning two plants in the south – reports

The Volkswagen Group is reportedly considering establishing a new production base in Guangdong province in southern China. Accordingly, the company's local ventures are looking at two factories, each possessing output capacities of 200,000upa. The Beijing Times, citing Volkswagen China Group president Winfried Vahland, says a total of more than €4bn (US$5.5bn) It’s time to log … Continued

• By Webmaster
• March 18, 2010