Volkswagen has opened its new factory in China
The auto manufacturer has announced about establishing a new brand’s plant launching Golf cars. The plant is planned to be built in Guangdong (China).
The Volkswagen brand plans to produce Golfs of the 7th generation.
As the carmaker reports, this factory will launch about 300,000 vehicles per year. Later, the next period of the factory's function involves growing up of the launching capacity.
Besides, the auto manufacturer said that they planned to grow the vehicles launching to 60 percent in China for next 5 years. Now Volkswagen can brag of increasing of cars’ selling on the Chinese car market.
Volkswagen plans to expand its offer by more models such as crossovers, vans, trucks and other passenger cars.
China is the largest car market of the German auto manufacturer.
Volkswagen Group spends about 9.8 billion euro to invest new plants and development of models in China. This is the biggest investment project of the auto manufacturer in its history. Besides, the carmaker is going to hire over 100,000 employees.
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