Volkswagen Starts Construction of 300,000-Vehicle Plant in China
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Volkswagen AG began construction of a new factory in Changsha, China, as part of plans to increase manufacturing capacity in the world’s biggest auto market.
The plant, with an annual capacity of about 300,000 vehicles, is scheduled for completion by the end of 2015, Wolfsburg, Germany-based Volkswagen, Europe’s largest automaker, said in an e-mailed statement today.