Volkswagen China JV to raise output 18 pct in 2003


SHANGHAI, Jan 28 (Reuters) - Volkswagen AG plans to produce 330,000 vehicles at one of its two main auto ventures in China this year, up 18 percent from 2002, a top official at the German company's Chinese partner said on Tuesday. Shanghai Volkswagen Automotive Co Ltd, a 50-50 venture between Volkswagen and China's number two carmaker Shanghai Automotive Industry Corp (SAIC), had just begun producing its new Gol compact sedan, SAIC chairman Chen Xianglin told Reuters. "We plan to push ...

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