Shanghai Volkswagen, one of China’s largest car manufacturing joint ventures, will scale back production as it seeks to reduce inventory in response to slowing sales, the South China Morning Post reported. An executive with a major supplier to the carmaker said there were also plans to extend regular maintenance work, which means staff in some parts of the operation will get an extra week-long holiday. Shanghai Volkswagen denied reports that it and sister joint venture FAW-Volkswagen would halt production. It said work at each of the four production lines would be suspended for only a short period in rotation. The joint venture between Volkswagen and SAIC reported sales of 450,000 vehicles in the first 11 months of this year compared with 396,000 for the whole of last year. However, many automakers are expected to fall short of their targets, with car sales down 14.56% in November from a year earlier.
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