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Shanghai Volkswagen

Shanghai Volkswagen Automotive Co., Ltd.
Joint venture
Industry Automotive
Founded 1984
Headquarters Anting, Shanghai, China
Area served
China
Products Automobiles, engines
Parent 50%: SAIC Motor,
40%: Volkswagen AG,
10%: Volkswagen (China) Invest
Website Shanghai Volkswagen (Chinese)
Shanghai Volkswagen
Simplified Chinese 上海大众汽车
Traditional Chinese 上海大眾汽車
Literal meaning Shanghai Volkswagen Automotive Co., Ltd.

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.[1]

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.[2]

Shanghai Volkswagen sold a total of 1.16 million vehicles in 2011.

Contents

  • History 1
  • Products 2
  • Sales 3
  • References 4
  • External links 5

History

Shanghai Volkswagen was formed in 1984, as a joint venture between Volkswagen and SAIC. This was a 25-year contract to make passenger cars in Shanghai with a limit of 50 per cent foreign ownership.[3]

Shanghai Volkswagen's Shanghai plant was by the far the winner among all new JVs, as it produced cars that could function as taxis, vehicles for government officials and transport for the newly emerging business elite. Shanghai Volkswagen began automobile production in 1985. As car imports fell to some 34,000 in 1990, Shanghai Volkswagen's production of its Santana models reached nearly 19,000 vehicles that year. By 1993 Shanghai Volkswagen’s output had reached 100,000 vehicles. Volkswagen was aided by some Shanghai municipal efforts. Various restrictions on engine size, as well as incentives to city taxi companies, helped ensure a safe market in the company’s relatively wealthy home arena. Volkswagen also encouraged its foreign parts suppliers to create joint ventures in China, and their resulting product helped Shanghai Volkswagen achieve an 85 per cent local content rate by 1993.[3]

Products

Sales

Calendar year Total sales
2000 220,000a[4]
2001 242,000a[4]
2002 301,000a[4]
2003 396,000a[4][5]
2004 355,000a[4][6]
2005 287,000a[4]
2006 352,000b[7]
2007
2008 501,018b[8]
2009 708,100b[9]
2010 1.0 millionb[10]
2011 1.16 millionb[11]

Notes:

aSales to dealers
bDeliveries to customers

References

  1. ^ Shanghai Volkswagen Škoda in China
  2. ^ Shanghai Volkswagen SVW Introduction
  3. ^ a b
  4. ^ a b c d e f
  5. ^
  6. ^
  7. ^
  8. ^
  9. ^
  10. ^
  11. ^

External links

  • Shanghai-Volkswagen (Chinese)
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