VW to build two new car plants in China

China is growing fast for Volkswagen AG which is to build two new vehicle plants together with partner FAW.

“China has become our largest and most important market. To satisfy the demands of our customers in the country, we are engaging in a further substantial expansion of our capacities in China together with our Chinese partner FAW-Volkswagen,” said Prof. Dr. Martin Winterkorn, chairman of the board of management of Volkswagen AG at a ceremony to sign the declaration of intent.

VW breaks ground on new plant in China

Construction work has just begun on Volkswagen’s new vehicle plant in Changsha in the province of Hunan, south-central China.

The factory is being built in cooperation with the Chinese joint venture Shanghai-Volkswagen (SVW).

"We are expanding our capacity in China to four million vehicles per year by 2018 in order to meet demand from our Chinese customers," Professor Dr. Jochem Heizmann, member of the board of management of Volkswagen AG, said at the contract signing ceremony and ground-breaking in Changsha. He has responsibility for "China" and is president and chief executive officer of Volkswagen Group China.