Europe’s greatest carmaker, Volkswagen and its Chinese partner FAW Group are planning to develop their business in the Chinese market by building a new facility in the country.
According to the 21th Century Business Herand newspaper via Reuters, the plant, Volkswagen’s fifth in China, will manufacture cars for the Seat brand. It will be located in the southern Chinese city of Guangzhou.
The automaker’s other 4 plants are located in Shanghai, Nanjing, Changchun and Chengdu, producing the Je… (read more)