FRANKFURT, March 31 (Reuters) - Volkswagen aims to speed the pace of purchasing from Chinese suppliers as it slashes costs to sharpen its competitiveness, Europe's biggest carmaker said on Friday. "The goal is to sign by the end of 2006 contracts worth $1 billion of exports to the group," a spokeswoman said. Last June, group purchasing chief Francisco Javier Garcia Sanz told reporters VW's target was to have $1 billion in annual supplier contracts from China within three years versus ...
Premium Content (PAID Subscription Required)
"Volkswagen steps up pace of purchasing from China" 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: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.