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Hello everyone interested in Volkswagens history with JV Partner FAW.
I've compiled info from:
History from http://www.faw.com/international/volkswagen.jsp
Landmarks from http://www.faw.com/international/volkswagen2.jsp
HISTORY
FAW-Volkswagen Automobile Co., Ltd. is a large-scale joint venture passenger car manufacturer of FAW Group
Corporation and Volkswagen AG, with share investments of 60% and 40% respectively. Volkswagen's 40% investment is divided between Volkswagen AG (20%), Audi AG (10%), and Volkswagen Automobile (China) Investment Co., Ltd. (10%).
FAW-Volkswagen Automobile Co., Ltd. was established in 1991, with the first Jetta automobile rolling off the assembly line on December 5 of that year. Audi AG became a member of the partnership in 1995, and full scale
production commenced in July of 1996. Official government approval for the 150,000 annual unit project was received in 1997.
The company covers an area of 1.16 million square meters with a total investment of 11.13 billion Yuan and
registered capital of 3.71 billion Yuan.
Following 10 years of continuous construction and development, the product offerings of FAW-Volkswagen have extended from the Jetta sedan to include the Bora (Jetta in U.S.), Golf, Audi A4, and A6. Production capability has reached an annual output level of 330,000 vehicles, 300,000 engines, and 180,000 transmissions.
On July 1, 2003, the board of directors of FAW-VW Automobile Co., Ltd. approved the construction of FAW-Volkswagen's Plant II, while simultaneously increasing the total investment from 11.13 billion Yuan to 23.435 billion Yuan (US $2.8 billion) with a registered capital increase from 3.71 billion Yuan to 7.812 billion Yuan (US $945 million). At present, 350,000 square meters of Plant II's 660,000 square meter design has been completed.
Plant II will consist of 4 production areas, including stamping, welding and sub-assembly, painting and sub-assembly, and final assembly. Production will be focused on new PQ35 platform which includes the Bora V,
Golf V, and recently announced Caddy MPV. The first Changchun-produced Caddy prototype was completed on July 1st of 2004, with pre-production commencing October 12, 2004.
I've compiled info from:
History from http://www.faw.com/international/volkswagen.jsp
Landmarks from http://www.faw.com/international/volkswagen2.jsp
HISTORY
FAW-Volkswagen Automobile Co., Ltd. is a large-scale joint venture passenger car manufacturer of FAW Group
Corporation and Volkswagen AG, with share investments of 60% and 40% respectively. Volkswagen's 40% investment is divided between Volkswagen AG (20%), Audi AG (10%), and Volkswagen Automobile (China) Investment Co., Ltd. (10%).
FAW-Volkswagen Automobile Co., Ltd. was established in 1991, with the first Jetta automobile rolling off the assembly line on December 5 of that year. Audi AG became a member of the partnership in 1995, and full scale
production commenced in July of 1996. Official government approval for the 150,000 annual unit project was received in 1997.
The company covers an area of 1.16 million square meters with a total investment of 11.13 billion Yuan and
registered capital of 3.71 billion Yuan.
Following 10 years of continuous construction and development, the product offerings of FAW-Volkswagen have extended from the Jetta sedan to include the Bora (Jetta in U.S.), Golf, Audi A4, and A6. Production capability has reached an annual output level of 330,000 vehicles, 300,000 engines, and 180,000 transmissions.
On July 1, 2003, the board of directors of FAW-VW Automobile Co., Ltd. approved the construction of FAW-Volkswagen's Plant II, while simultaneously increasing the total investment from 11.13 billion Yuan to 23.435 billion Yuan (US $2.8 billion) with a registered capital increase from 3.71 billion Yuan to 7.812 billion Yuan (US $945 million). At present, 350,000 square meters of Plant II's 660,000 square meter design has been completed.
Plant II will consist of 4 production areas, including stamping, welding and sub-assembly, painting and sub-assembly, and final assembly. Production will be focused on new PQ35 platform which includes the Bora V,
Golf V, and recently announced Caddy MPV. The first Changchun-produced Caddy prototype was completed on July 1st of 2004, with pre-production commencing October 12, 2004.