国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

left corner left corner
China Daily Website

VW mulls bigger stake in JV

Updated: 2013-09-26 07:13
By Li Fangfang ( China Daily)

German firm is in talks with China's FAW

Germany-based auto conglomerate Volkswagen AG may take a larger stake in its Chinese joint venture with local partner FAW Group Corp, the head of VW in China said.

VW mulls bigger stake in JV

Volkswagen offers 80 models in China, 20 of which are domestically produced. Huang Jiexian / For China Daily

"We are now in very good discussions with our Chinese partner FAW on further cooperation for our joint venture, FAW Volkswagen Automotive Co Ltd, possibly in the equity area," said Jochem Heizmann, board member of Volkswagen and president and chief executive officer of Volkswagen Group China.

"We have had a very long and successful cooperation with FAW in the past 20 years. As the previous contract for FAW Volkswagen is going to expire in 2016, both sides expect to extend the partnership another 20 years or more," he said.

Volkswagen Chief Executive Officer Martin Winterkorn earlier this month told German media at the Frankfurt auto show that the company was negotiating with FAW to increase its stake in the joint venture from the current 40 percent to 50 percent.

However, Heizmann declined to disclose further details about any stake increase, saying: "Volkswagen hopes to have more shares in this joint venture."

Volkswagen also runs a 50-50 joint venture in China with Shanghai-based SAIC Group.

Heizmann told China Daily that talks on the extended contract also included strategic cooperation in more and different fields, including new product introduction, used cars and financing.

Volkswagen offers 80 models in China, 20 of which are domestically produced.

"By 2015, we will expand our local product portfolio to 91 models in our second home, with 30 produced here in China," said Heizmann. "The increasing local production proportion also indicates that Volkswagen has made China one of its most important markets."

The German automaker on Wednesday announced the opening of a new factory in Foshan, Guangdong province, under the joint venture FAW Volkswagen, along with the start of production for the first model, the new Golf.

"Volkswagen Group was the first automaker to establish local production in China in 1983, and it is today pioneering new development with our 'Go South' strategy in Foshan, as well as in Chengdu and Urumqi through the 'Go West' strategy," said Heizmann.

Previous Page 1 2 Next Page

 
 
...
郁南县| 从江县| 卢氏县| 英山县| 星子县| 牡丹江市| 集安市| 高雄市| 凤冈县| 揭西县| 宣恩县| 怀远县| 武清区| 桂林市| 梨树县| 石渠县| 榆树市| 延长县| 郎溪县| 务川| 湛江市| 四子王旗| 同仁县| 胶州市| 苗栗县| 邵东县| 威宁| 全南县| 呼图壁县| 涡阳县| 汉中市| 清河县| 石阡县| 武强县| 肥东县| 平昌县| 西城区| 五大连池市| 尖扎县| 汤原县| 鹰潭市|