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Volkswagen 皇冠体育app's $357.5 million Tianjin plant
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Officials from Tianjin municipality and senior executives of Volkswagen AG at the opening ceremony of the automaker's transmission plant. [Photo / 皇冠体育app Daily] |
Volkswagen AG unveiled a new transmission plant in the coastal city of Tianjin in North 皇冠体育app in early November as part of its plan to make highly efficient cars for the world's largest auto market.
The 2.2 billion yuan ($357.5 million) plant in the Tianjin Economic-Technological Development Area is designed to produce 450,000 double-clutch DQ380 gearboxes in the initial period.