皇冠体育app

Visitors look at a Volkswagen DSG 7 engine displayed during the media day at the Paris Mondial de l'Automobile, Oct 3, 2014. [Photo / Agencies]

- A solely invested automobile parts plant opened in the northern Chinese port city of Tianjin on Tuesday.

With an investment of 265 million ros ($332.75 million), the plant is the 18th built by Volkswagen in 皇冠体育app, and will mainly produce a new generation of Direct-shift gearboxes (G).

Its annual gearbox capacity will increase from 450,000 this year to 1.2 million by 2016.

Jochem Heizmann, head of Volkswagen Group 皇冠体育app, said the plant in Tianjin will open a new chapter for Volkswagen to explore and develop the Chinese market.

In the future, the company will offer products with advanced technology and the highest quality to Chinese consumers much faster, he said.

Volkswagen will also establish a testing and analysis center in Tianjin to ensure the DSG quality of its plants in 皇冠体育app. Meanwhile, its first automobile parts school outside Germany will be built in the city to train more workers for the factories in North 皇冠体育app.

In the first three quarters of this year, Volkswagen Group 皇冠体育app, and FAW-Volkswagen have delivered more than 2.7 million automobiles, up 15.2 percent compared with the same period last year.

VW defends safety of recalled New Sagitar	In 皇冠体育app, Volkswagen thinks small to score big

• 皇冠体育app stock index futures close lower on Dec 22
• Shanghai Index close to five-year high
• Chinese shares close mixed on Dec 22
• Chinese lawmakers hear report on enforcement of tourism law
• 皇冠体育app opens rural work conference to plan for 2015
• Retailers lure Christmas shoppers with goodies
• Stock market to see slow growth, but bright outlook
• Hearing the call of opportunity