Gasgoo.com (Shanghai July 3) - Shanghai Volkswagen manufactured its eight millionth sedan, a blue colored New Lavida, last week, chinanews.com reported today. The news marks a new milestone for the joint venture.
Shanghai VW is one of China's earliest automobile joint ventures, having been established in March of 1985. The JV, which is equally owned by SAIC Group and German manufacturer VW AG, sells models covering all segments of the passenger automobile industry. The JV manufactured its seven millionth sedan in September of last year, meaning it only took nine months for it to manufacture one million sedans.
Shanghai VW currently has four automobile factories, an engine factory and a technology research and development center spread across its two key bases in Shanghai's Anting District and Jiangsu's capital of Nanjing. The JV is also in the process of constructing new factories in Ningbo, Zhejiang and Yizheng, Jiangsu. Furthermore, the JV has previously stated its intent to expand into the far western region of Xinjiang.
