SAIC Volkswagen
Coordinates: 31°17′45″N 121°10′40″E / 31.29583°N 121.17778°E
 | |
| Joint venture | |
| Industry | Automotive |
| Founded | 1985 |
| Headquarters | Anting, Jiading District, Shanghai, China |
Area served | China |
Key people |
Chen Xianzhang (president) Chen Hong (chairman) |
| Products | Automobiles, engines |
| Parent |
50%: SAIC Motor, 40%: Volkswagen AG, 10%: Volkswagen (China) Invest |
| Website | Shanghai Volkswagen (Chinese) |
| SAIC Volkswagen | |||
| Simplified Chinese | 上汽大众 | ||
|---|---|---|---|
| Traditional Chinese | 上汽大眾 | ||
| Literal meaning | SAIC Volkswagen Automotive Co., Ltd. | ||
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SAIC Volkswagen (officially SAIC Volkswagen Automotive Co., Ltd.; formerly known as Shanghai Volkswagen Automotive Co., Ltd., Shanghai Volkswagen) 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]
SAIC Volkswagen sold a total of 1.16 million vehicles in 2011.
History
SAIC 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]
SAIC 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. SAIC Volkswagen began automobile production in 1985. As car imports fell to some 34,000 in 1990, SAIC Volkswagen's production of its Santana models reached nearly 19,000 vehicles that year. By 1993 SAIC 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 SAIC Volkswagen achieve an 85 per cent local content rate by 1993.[3]
Products
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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] |
| 2012 | 1.28 million[12] |
| 2013 | 1.53 million[13] |
| 2014 | 1.73 million[14] |
Notes:
aSales to dealers
bDeliveries to customers
References
- ↑ Shanghai Volkswagen Škoda in China
- ↑ Shanghai Volkswagen SVW Introduction
- 1 2 Harwit, Eric (2001). "The Impact of WTO Membership on the Automobile Industry in China" (PDF). The China Quarterly: 655–670. Retrieved 2010-09-16.
- 1 2 3 4 5 6 "Shanghai Volkswagen Analyst and Investor Conference Shanghai, 24 May 2006" (PDF). Volkswagen Group China. Retrieved 14 August 2012.
- ↑ "Shanghai VW eyes 20% market share by 2008". People's Daily. 16 March 2004. Retrieved 13 August 2012.
- ↑ "Volkswagen China Market Share Below 20% for 1st Time". Bloomberg. 20 April 2005. Retrieved 13 August 2012.
- ↑ "Shanghai Auto 4th-Quarter Net Doubles on GM, VW Cars". Bloomberg. 30 March 2007. Retrieved 13 August 2012.
- ↑ "Volkswagen China sales exceed 1 mln in 2008". Alibaba. 12 January 2009. Retrieved 13 August 2012.
- ↑ "Skoda to account for 20% of Shanghai VW's 2010 sales". Alibaba. 21 April 2010. Retrieved 13 August 2012.
- ↑ "Shanghai VW passes 1 million landmark". China Daily. 27 December 2010. Retrieved 13 August 2012.
- ↑ "Volkswagen's China Sales up 17.7 pct in 2011". CRI English. 13 January 2012. Retrieved 13 August 2012.
- ↑ "上海大众汽车2012年年报". SAIC Volkswagen. Retrieved 2014-02-06.
- ↑ "上海大众汽车2013年年报" (PDF). SAIC Volkswagen. Retrieved 2015-12-14.
- ↑ "上海大众汽车2014年年报" (PDF). SAIC Volkswagen. Retrieved 2015-12-14.
External links
- SAIC Volkswagen (Chinese)
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