« Home | VW Scirocco: New promo from Germany's next top mod... » | Audi A1: Production will be increased » | Audi A4 3.0 TDI quattro: Driving report of the 6 g... » | Audi A3 1.9 TDIe: Again, who needs a Prius? » | Porsche 911 GT2: The SpeedART BTR-XS 650 911 GT2 » | Porsche Cayenne Turbo: Review » | Bugatti Veyron: New video from Need For Speed ProS... » | Audi Q5: Rendered preview » | Audi: More info on US diesel plans » | Audi Q7 4.2 TDI quattro: Reviewed! » 


Thursday, April 10, 2008

Volkswagen: Buying additional factory from Fiat in China

VW
Volkswagen will buy an additional factory from Fiat in China to fulfill the increasing demand for their cars.
Shanghai VW, Volkswagen's 50-50 joint venture with Shanghai Automotive Industry Corp (SAIC), is expected to acquire the remaining assets of Fiat's passenger car joint venture Nanjing Fiat, according to SAIC.

'Preparations for Shanghai VW to assemble its current car models at Nanjing Fiat are ongoing,' SAIC said in a statement posted on its website.


Related news: , ,

Source: Forbes

Labels:


Watch more TV. The German Car TV.

Read more


by Christian @ 8:24 AM   Linking Blogs  


 
Enter your Email


Powered by FeedBlitz

<< Back to The German Car Blog