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On 13 August 2010, Volkswagen AG announced another joint venture. It is currently under the Growth Strategy 2018 and includes a production plant for passenger cars of the brand Volkswagen. Construction will take approximately 15 to 18 months, so the new plant is to open in 2012. The first cars here are the Mk5 Polo, B7 Passat and the A6 Jetta A6.
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany.Established in 1937 by The German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
DRB-HICOM is the majority shareholder of Malaysia's national car company, Proton, with China's Zhejiang Geely Holding Group the other shareholder since an equity sale in 2017. [2] The Group also owns national motorcycle company Modenas , with Japanese two-wheeler giant Kawasaki as its partner. [ 3 ]
1954: Volkswagen assembly commenced by Martin and King Pty Ltd, Clayton. [43] 1957: Factory purchased by newly formed Volkswagen (Australasia) Pty Ltd, which is 51% owned by Volkswagen Germany. [44] 1959: An adjoining property is purchased to be the new VW administration headquarters, central parts warehouse and engine assembly shop.
Exclusively manufactured by SAIC-Volkswagen. Lavida: 2008 2018 China MQB A1: Sister model to the Bora. Has been Volkswagen's best selling model in China and typically the best selling sedan of all brands in China. [2] Exclusively manufactured by SAIC-Volkswagen. Magotan (B8) 2005 2014 China MQB A2: The Chinese version of the Passat B8 with a ...
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The company began introducing new models based on the Type 1, all with the same basic air-cooled, rear-engine, rear-drive platform. These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969.
In 2002, Proton helped Malaysia become the 11th country in the world with the capability to fully design, engineer and manufacture cars from the ground up. [2] The Malaysian automotive industry also hosts several domestic-foreign joint venture companies, which assemble a large variety of vehicles from imported complete knock down (CKD) kits.