Date
21 August 2018

Shanghai Volkswagen opens Ningbo plant, Xinhua says

Shanghai Volkswagen, a joint venture between Volkswagen and China’s SAIC Motor, has opened a new plant in Ningbo in eastern China’s Zhejiang province, Xinhua news agency reported Friday. The plant, with a total investment of 11.7 billion yuan (US$1.9 billion), covers 187 hectares. Annual production is expected to reach 300,000 units by the end of 2014, general manager Hu Yimin was quoted as saying.

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AC/RA

 

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