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Tag Archive for 'shanghai'

Lamborghini continues Asia expansion

Lamborghini’s partner Charmzone has opened a new showroom in Seoul

Dealer openings in South Korea and China, with further development planned for 2012

Automobili Lamborghini officially opened two new dealerships in China. The first, in Chongqing, marks the second dealer in western China and continues the brand’s important expansion in the region. The second was opened in Dalian: Lamborghini Dalian is the Italian super sports car manufacturer’s first dealership in Northeast China. Continue reading ‘Lamborghini continues Asia expansion’

Gabriele Tarquini second at WTCC Shanghai

Gabriele Tarquini second at WTCC race at Shanghai, China

The Italian, who retired in the first race with brake problems, took the best start in the second race. Tarquini was jumping in the lead ahead of poleman Huff and Turkington. Later he was second. Tarquini completed a great defensive race, salvaging a second position that was completely unexpected, considering the brake problems he had had in the first race. Continue reading ‘Gabriele Tarquini second at WTCC Shanghai’

Volkswagen celebrates 20 years of partnership with FAW in China

One of the Chinese automotive industry’s success stories began twenty years ago: In 1991, Volkswagen and First Automotive Works (FAW) set up the FAW-Volkswagen joint venture. Some 4,500 guests celebrated the joint venture’s 20th anniversary yesterday evening at a ceremony in Changchun. FAW-Volkswagen is currently one of China’s largest automobile manufacturers and has built five million vehicles since operations began. The anniversary vehicle, a “New Magotan”, left the assembly line in Changchun this week. The company expects annual production to top the one million mark for the first time this year.

  • More than 15,000 skilled jobs created in two decades
  • Winterkorn: Further growth in “second home of China” expected

At the ceremony in Changchun Prof. Dr. Martin Winterkorn, CEO of Volkswagen Aktiengesellschaft, looked back on 20 exciting and successful years of cooperation. The FAW-Volkswagen joint venture is today one of the largest and most innovative car manufacturers in China. “Together with our partner FAW we have played a decisive role in shaping mobility in China and created more than 15,000 jobs,” Winterkorn said. “Alongside our strong partners we are aiming to grow further in our second home of China and to create new jobs. We have laid the right foundations with targeted investments of €10.6 billion in capacity expansion and innovative and emotional vehicles.”

The People’s Republic of China has been the Group’s largest sales market since 2009, FAW-Volkswagen is a leading manufacturer in the country’s automobile industry. The company produces Volkswagen and Audi brand vehicles as well as parts and components at its plants in Changchun, Chengdu and Dalian. With an ever-growing model range that today includes vehicles such as the Golf or the long-wheelbase Audi A6, FAW-Volkswagen is targeting annual production in excess of one million units for the first time in 2011.

Apart from the joint venture with FAW, Volkswagen also operates a second joint venture in cooperation with Shanghai Automotive Industry Corporation (SAIC). In total, the Group with its Volkswagen, Audi and Škoda brands employs over 40,000 people at its production sites in China and is aiming to sell more than two million vehicles for the first time this year.

FAW-Volkswagen: Key facts

  • 1988: Start of cooperation with First Automobile Works (FAW) in China Licensed production of Audi 100 begins
  • 1991: “FAW-Volkswagen Automotive Company Ltd.” founded in Changchun, Changchun plant built
  • 1995: AUDI AG incorporated into FAW-Volkswagen as the third shareholder
  • 1996: FAW-Volkswagen Sales Company founded
  • 2004: FAW-Volkswagen’s second plant opened in Chengdu, “Volkswagen FAW Platform Company Ltd.” and “FAW Engine (Dalian) Company Ltd.” founded
  • 2007: Volkswagen FAW Engine in Dalian begins production
  • 2011: Capacity expansion at FAW-Volkswagen in Chengdu begins
  • 2011: Construction of a new FAW-Volkswagen plant in Foshan gets underway

Volkswagen given the green light for two plants in China

As planned, the Volkswagen Group can build two further automobile plants in China, continuing its long-term growth strategy in the world’s largest market for passenger cars. During the German-Chinese government consultations in Berlin, final approval was granted today for the plants to be built at Foshan and Yizheng. Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, today signed appropriate declarations together with the Presidents of the Chinese partner organizations. Continue reading ‘Volkswagen given the green light for two plants in China’

Asia Special Bugatti Grand Sport for the Auto Shanghai 2011

Bugatti Grand Sport, Shanaghai 042011

Bugatti creates top-rate performing sports cars that are so unique in design and technique that they have been named pieces of art. The two latest masterpieces by this legendary European manufacturer will be on display at the Auto Shanghai 2011, an Asian debut for the Bugatti Veyron 16.4 Super Sport. The Super Sport ranks as the highest performing car in existence with 882 kW (1,200 PS) and an electronically limited top speed of 415 km/h. The Bugatti Veyron 16.4 Grand Sport, whose 736 kW (1,001 PS) makes it the most powerful convertible in the world, will also be showcased by the Alsace-based luxury brand in Shanghai. But today‘s Bugattis are more than the ultimate sports cars – the Veyron 16.4 has already become an exclusive collector‘s item and a prized investment. Continue reading ‘Asia Special Bugatti Grand Sport for the Auto Shanghai 2011′

Audi presents A3 e-tron concept in Shanghai

Audi A3 e-tron

Gallery after the jump!

Audi is set to unveil an attractive technical study – the A3 e-tron concept – in Shanghai. The four-seat notchback sedan integrates the full breadth of the brand’s technological expertise – from the enhanced MMI operating system, to the high-end infotainment system, to the drivetrain. And with its two power-plants and lithium-ion batteries that store enough energy to propel the car on electric power alone for up to 54 km (34 miles), the plug-in hybrid also delivers high fuel efficiency. Continue reading ‘Audi presents A3 e-tron concept in Shanghai’

Video: Official 2012 Beetle Reveal

2012 VW Beetle

Video after the jump!

Missed the Beetle news, click here?

Lamborghini Aventador LP 700-4 makes its Asian premiere at Auto Shanghai 2011

Aventador Shanghai

The V12 Lamborghini Aventador LP 700-4 makes its Chinese debut on Lamborghini’s stand at the Auto Shanghai 2011. The new V12 flagship of the Lamborghini super sports car brand is redefining the super sports car market, with not only extraordinary performance but with lightweight engineering technologies and unparalleled design. Continue reading ‘Lamborghini Aventador LP 700-4 makes its Asian premiere at Auto Shanghai 2011′




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