You are not Logged in!
Do you want to Login or Register
Request New Password

Volkswagen is growing by buying new brands and building new facilities. In the end of 2007 the company built an assembly plant in Kaluga, Russia where it started building Volkswagen Passat and Skoda Oktavia.
From the beginning the German automaker planned to expand the capacity by 2009 and assemble up to 150,000 vehicles in the facility. The 10,000 sq m building is going to give jobs to 3,000 workers by the end of this year. The representative of Volkswagen Group Rus, Natalia Gorelikova, says that at this moment the plant assembles 14 VW models including Golf VI and Touareg and several of Skoda cars.
The manufacturer is planning to start working with such marques as Seat, Bentley, Lamborghini and Scania at the facility in the nearest future. There have also been talks about bringing Audi to the Russian plant.
The vehicles will be delivered to Russian and foreign dealerships and VW promises that their price range will not exceed $10,000 for Russian customers.
Opel deal still remains unsolved and now General Motors thinks about keeping the brand. So far the spokesman of the company says they would not comment anything on Opel story.
Ford expands its work in China by building another assembly plant for 150,000 units a year. The sales of Ford vehicles grew by 30% in the country and this was the reason for building the third facility which increases the total production in China to 450,000 vehicles annually.
Finally the deal about the Saab sale is becoming clearer. GM Europe has announced that the Swedish manufacturer will be sold to Koenigsegg Group AB. There have been several candidates and in June the things started clearing out, but there was still a little uncertainty about the bid from the Koenigsegg company.