Which country does Volkswagen have joint ventures with for production?
1 Answers
Volkswagen has joint ventures with Volkswagen AG in Germany, which in China are FAW-Volkswagen and SAIC Volkswagen respectively. Introduction to FAW-Volkswagen: FAW-Volkswagen Automobile Co., Ltd. was established on February 6, 1991. It is a large passenger car manufacturer jointly operated by China FAW Corporation, Volkswagen AG, Audi AG, and Volkswagen (China) Investment Co., Ltd. Its brands include Jetta, Bora, CC, Golf, Sagitar, Magotan, etc. Introduction to SAIC Volkswagen: SAIC Volkswagen was established in 1985 as a joint venture between SAIC Motor and Volkswagen AG, with each holding a 50% stake. Common models include Passat, Lavida, Santana, and Lamando.