FAW-Volkswagen, a joint venture between Chinese state-owned automaker FAW Group and Germany’s Volkswagen Group, has announced it has produced its first batch of Volkswagen-branded vehicles for export at its plant in Changchun, in China’s Jilin Province.
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The company said its first batch of vehicles to be shipped overseas, consisting of 554 Magotan and Sagitar sedans, would be delivered to markets in the Middle East as part of its broader push into overseas markets.
The company marked the occasion with a ceremony held at the Changchun plant, which was attended by Chen Bin, deputy general manager of FAW Group and general manager of FAW-Volkswagen, and Matthias Ziegler, General Manager of Volkswagen Brand Middle East.
The FAW-Volkswagen joint venture, founded in 1991, produces vehicles under the Audi, Volkswagen, and Jetta brands at five plants across China, including those in Changchun, Tianjin, Foshan, Chengdu, and Qingdao.
Chen Bin told reporters that the company sees overseas expansion as a key driver of future growth, with the aim of becoming a leading exporter among China’s foreign joint-ventures. The next step is to begin exports to markets in Central Asia.
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By GlobalData
