www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Motoring

VW steps up S. China push with Guangdong expansion

(Agencies) Updated: 2013-09-26 13:48

Volkswagen AG plans to double production capacity at a newly opened factory in the Southern Chinese city of Foshan, its China chief executive said on Wednesday, as Europe's number one carmaker ramps up efforts to grab more market share in a region dominated by Japanese rivals.

Volkswagen officially opened the plant in Foshan city in southern Guangdong province, which it operates under a venture with state-owned automotive enterprise FAW Group Corp. The plant, capable of producing 300,000 vehicles a year, recently started to manufacture the redesigned Volkswagen Golf car. Volkswagen's decision to expand the plant confirmed an earlier report by Reuters.

Volkswagen officials said the German automaker, one of the first global automakers to establish car production facilities in China during the 1980s, is today evolving its China operations China by leading a "Go South" strategy, as well as a "Go West" strategy.

"Foshan is part of our 'Go South' strategy," Volkswagen's China CEO Jochem Heizmann told a small group of reporters in Foshan on Wednesday. "Two years ago, we launched our 'Go West' strategy, building a plant in Chengdu" and now Volkswagen is trying to repeat the feat through building a plant in Foshan and expanding it quickly, he said.

Heizmann also said Volkswagen was in discussions with FAW to raise its stake in their joint venture to 50 percent from 40 percent.

"We're discussing very intensively how to expand our strategic cooperation between VW and FAW on a long term," he said. One subject in their discussions is "the possibility to increase our shares."

The planned production expansion at Foshan stems from an agreement signed in May by the two companies, which aims to boost the plant's capacity to 600,000 vehicles a year with an investment of 15.3 billion yuan ($2.50 billion).

Volkswagen, which also sells the Audi, Skoda, Lamborghini and Bentley brands in China, is set to start producing the Audi A3 hatchback in early 2014 at the new plant, according to Heizmann.

Volkswagen has deepened its presence in the region since the 2009 launch of the "Go South" strategy, through which the carmaker has also increased the number of retail stores in the area. Its efforts have focused on Guangdong, a large auto-buying province where the influence of Japanese carmakers is the strongest in China.

In a sign that Volkswagen's efforts are paying off, the market share of the Volkswagen brand, excluding the Audi, Skoda, Lamborghini and Bentley brands that the company also markets, climbed to 13.6 percent in southern China in the first half of this year from 11.9 percent a year earlier, according to consulting firm LMC Automotive.

By contrast, Japanese brands - including Toyota Motor Corp, Honda Motor Co Ltd and Nissan Motor Co Ltd - have seen their combined market share shrink to 23.9 percent from 29.8 percent during the same period.

The expansion in Southern China is part of Volkswagen's plan to boost the group's annual manufacturing capacity in the country to 4 million vehicles by 2018. Volkswagen increased its China sales by 18.5 percent last year to 2.6 million vehicles.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 美国美女一级毛片免费全 | 在线视频一区二区三区三区不卡 | 亚洲欧美中文在线观看4 | 国产精品午夜性视频网站 | 成年男女的免费视频网站 | 日本一级特黄a大片 | 日韩美女在线看免费观看 | 18在线观看国内精品视频 | 欧美一级在线视频 | 欧美性色生活片天天看99 | 亚洲一级毛片免费在线观看 | 美女插跳蛋视频叫爽 | 国产一区二区久久精品 | 日韩在线二区全免费 | 一级毛片在线完整免费观看 | 日韩精品综合 | 亚洲欧美日韩中文字幕在线 | 精品国产一区二区三区在线观看 | 98国内自拍在线视频 | 成人观看网站a | 国产精品亚洲精品日韩已方 | 看一级特黄a大片国产 | 国产成人小视频在线观看 | 欧美日本高清视频在线观看 | 亚洲国产精品第一区二区三区 | 欧美成在线播放 | 国产性自爱拍偷在在线播放 | 波多野结衣中文视频 | 美女张开大腿让男人捅 | 亚洲国产精品乱码在线观看97 | 亚洲精品一区二三区在线观看 | 亚洲国产精久久久久久久春色 | 美女白浆视频 | 成人精品一区二区久久 | 久久精品免费在线观看 | 中文字幕在线观看亚洲日韩 | 国产午夜人做人视频羞羞 | 欧美精品片 | 亚洲天堂美女视频 | 久久精品国产99久久99久久久 | 欧美精品99久久久久久人 |