Industry dynamics

FAW-Volkswagen produces 15 millionth car

Publishtime:1970-01-01 08:00:00 Views:42

CHANGCHUN - The Sino-German auto joint venture FAW-Volkswagen Automotive produced its 15 millionth car on Monday.

The car, an A6L e-tron, a plug-in hybrid model, rolled off the production line in Changchun, capital of Northeast China's Jilin province.

"The 15 millionth car is a new starting point. FAW-Volkswagen will strive to be the most successful, competitive, innovative and dynamic joint venture in China," said Xu Liuping, chairman of China FAW Group, headquartered in Changchun. FAW originally referred to First Automotive Works and now is known as First Automotive Group Corporation.

Zhang Pijie, general manager of FAW-Volkswagen, said the joint venture had paid 400 billion yuan ($60 billion) in taxes over the past 26 years, making an energy-saving and environment-friendly industry chain of car production together with more than 1,000 dealers and suppliers.

FAW-Volkswagen, founded in 1991, mainly manufactures Audi and Volkswagen cars in China, aiming to produce 3 million cars in its five bases across the country in 2020.