Friday, October 10, 2008

Sino-German Joint Venture of Volkswagen Set Up

Shanghai VolkswagenOctober 10, 1984, China's Shanghai Volkswagen Automotive Co., Ltd. held a grand ceremony. Shanghai Volkswagen is a joint venture which is operated by Federal Republic of Germany and China.

Shanghai Volkswagen produced car and engine by Volkswagen Germany's latest manufacturing technology and modern management methods. The joint venture company could choose to produce any product of Volkswagen.

At that time,to determine in 1987, the joint venture company to achieve production capacity of 30,000 cars, 100,000 engines, in 1990 to reach an annual output of 100,000 cars.

Now, Shanghai Volkswagen annual production capacity is 600,000, become one of the largest production base in China. The company has 6 series of Santana, Santana Vista Zhijun, Passat, Polo, Touran, LAVIDA Langyi and Octavia Mingrui.

As the first car joint venture during China's reform and opening-up, Shanghai Volkswagen has witnessed 30 years of China's reform and opening up. Shanghai Volkswagen is also an example of successful Sino-German cooperation.

Originally Posted: China Business Daily
Author: Angulo Fu