UPDATE 1-Volkswagen speeds up $1 bln China parts plan


(Adds background, analyst comments, share) FRANKFURT, March 31 (Reuters) - Volkswagen aims to speed up plans to buy $1 billion of parts annually from low-cost suppliers in China, Europe's biggest carmaker said on Friday, exerting pressure on VW's German components plants to cut costs. "The goal is to sign by the end of 2006 contracts worth $1 billion of exports to the group," a VW spokeswoman said. Last June, group purchasing chief Francisco Javier Garcia Sanz told reporters VW's ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Volkswagen speeds up $1 bln China parts plan" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×