VW launches fourth Chinese auto plant
AFP, April, 2008
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BERLIN (AFP) — Volkswagen, the biggest European carmaker and a leading western auto manufacturer in China, inaugurated on Friday its fourth there as it work towards selling one million vehicles a year in the country.
The plant in Nanjing, in eastern China's Jiangsu province, has initial capacity of 60,000 vehicles and was bought from VW's Italian rival Fiat.
"The new factory is part of VW's strategy ... to increase incrementally its capacities in line with market demand," a statement said here.
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Shanghai Volkswagen modified ...
