Construction of two new VW plants in China
- In 2013, the production of passenger cars of the VW Group in China reached 3.1 million units. This production is spread over 12 plants that have a total capacity of 3.65 million units. With an increase in sales of around 300 000 units per year for three years, VW wants to increase its capacity in China to support the growth of the market.
- The German group has announced the construction of two new plants in Tianjin and Qingdao (Shandong province) in JV with FAW. Both plants will most certainly start their production end of 2015/ early 2016 and should have a capacity of 300 000 units each, if one refers to the growth of VW (and therefore its needs) and the capacities of the groups other plants in China.
- For the moment, no official announcement about the future models manufactured in these plants has been made but one could imagine the production of new models ( VW SUVs or Seat SUVs? New Skoda models?) And / or the production of existing models but whose current plants are saturated and / or the production of models that were until now imported (Audi models - VW Touareg - Seat models - Porsche models).
- In the first 6 months of 2014, VW was the largest producer / seller of passenger cars in China (1.8 million units), with a market share of 19%, ranking it ahead of the GM group with 1.6 million sales 17% market share. By analysing these initial results, it appears that the 4 million capacity announced by VW for 2015 is realistic and necessary while the 5 million capacity announced by GM seems too ambitious
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