HONG KONG — Volkswagen AG plans to expand its presence in China significantly as part of its global market strategy. The German automaker will increase its total production capacity in China from 450,000 units in 1998 (up 8.4% from 1997), accounting for 54% market share, to 600,000 in the next several years. Stefan Jacoby, vice president Asia/Pacific, predicts China's passenger car production will increase to 1 million units in the next five to seven years. The country turned out about ...
Premium Content (PAID Subscription Required)
"VW counts on China to achieve Asia market goal" 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