Volkswagen is the market in China and having two JV with local players. Volkswagen inaugurates new 119th global vehicle plant (20th in China) in southern Chinese city of Changsha. This is having capacity of 300,000 units for Vollkswagen and Skoda vehicle.Prof. Dr. Jochem Heizmann, Member of the Board of Management of Volkswagen Aktiengesellschaft and President and CEO of Volkswagen Group China. The plant will create more than 4,000 new jobs, together with 4,000 more in the neighboring supplier park.
"China is not only the Volkswagen Group's largest and most important market; it has also become the Group's second home market. We intend to develop the entire country as a company with local roots, Prof. Dr. Jochem Heizmann emphasized. "The plant in Changsha is a key step in our "Go South" strategy in China. This new facility will bring us nearer to our Chinese customers and also improve the quality of our supply chain."
Source: Autobei
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