Shangai Volkswagen |
China |
www.volkswagenag.com & http://www.csvw.com/ |
Shanghai Volkswagen (officially Shanghai Volkswagen Automotive Co., Ltd.) is an automobile manufacturing company headquartered in Anting, China and a joint venture between Volkswagen Group and SAIC Motor. It was founded in 1984 and produces cars under the Volkswagen and Škoda marques.
The joint venture is made up of equity from (as of 2008) - Volkswagen AG (40%), Volkswagen (China) Invest (10%), SAIC (50%), with a fixed-term venture for 45 years. It will run until 2030.
Shanghai Volkswagen sold a total of 1.16 million vehicles in 2011.
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