Volkswagen AG says it will invest €540 million ($650 million) for two proposed Chinese engine plants. This is the second major capacity expansion announced by China’s leading auto maker this week. Earlier this week at the Beijing auto show, the company outlined plans to spend €5 billion ($6 billion) to nearly double production capacity to 1.6 million vehicles over the next three years. (See related story: VW to Build Export Plant in China) The proposed engine plants, in conjunction with ...
Premium Content (PAID Subscription Required)
"VW Announces Chinese Engine Operations Investment" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642