Volkswagen AG and SiemensVDO officially open their joint venture diesel unit-injector plant in Stollberg, Germany, with an initial capacity of 2 million injectors annually. VW CEO Bernd Pischetsrieder, who attended the opening ceremonies alongside German political figures, says that such technologies "play a crucial role in our competitive strength." Investment in the 50-50 joint venture, called Volkswagen Mechatronics GmbH, totaled E270 million ($352 million), and the 177,606-sq.-ft. ...
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