VW joint venture in China to make Audi models

July 15, 2020

The new Audi A7L to be built in China is based on the A7 executive model (Courtesy Audi)

Volkswagen Group and its Chinese joint venture partner, SAIC Motor, plan to invest 4.13 billion yuan ($590 million) to revamp their car plants in Shanghai, China, to make new Audi A7L model, according to a report by Reuters.

SAIC Volkswagen, the joint venture of the German company and China’s biggest automaker, currently sells cars under the VW and Skoda brands. The upgraded Shanghai plant would give the JV an annual manufacturing capacity of 60,000 Audi A7L models and 60,000 new VW SUVs. Total capacity at the plants is expected to remain unchanged.

The report noted that SAIC chairman, Chen Hong, had previously said the JV planned to roll out its first Audi model early in 2022. The revamp, expected to complete by the end 2020, comes as demand for luxury cars in China remained firm even as sales in the world’s biggest auto market slumped over the past two years.

VW hopes to start production based on its MEB platform in Shanghai in the fourth quarter and has sought government approval for production of its ID4 electric crossover, Reuters said.

SAIC Volkswagen’s sales fell 37% from a year ago to 577,385 vehicles in the first half of 2020 as the coronavirus (COVID-19) pandemic hit demand in China. The JV is reported to have sold around 2 million cars last year.

www.volkswagenag.com/en/group/China.html

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link