German manufacturer plans to build the future of golf in July and the Audi A3 premium compact plant in Nanhai, together with the Chinese FAW Group.
Volkswagen reconfirms his interest in Chinese market, continuously growing. German manufacturer has recently concluded a new agreement with its local partner FAW Group, which provides sub-compact models production plant in Nanhai, Guangdong Province, China.
Joint-venture created between the two companies will lead to the birth of the seventh generation Golf in Chinese factory. Neither the Audi colleagues will not forget, the new generation of compact A3 will be produced throughout the plant in Nanhai.
Chinese-German factory has already swallowed investment of 500 million, becoming the tenth unit of work with the VW logo in China. The factory will produce 300,000 units annually, which will justify the investment of the two sides.
Last year, FAW and Volkswagen received state permission to give birth to an electric vehicle, planned to sell under the brand power, specially created and named Kaili.
In the first four months of this year, Volkswagen sales in China market totaled 571,464 units, which means a 28 percent increase compared to same period last year.