Welcome to the North American Subaru Impreza Owners Club Saturday March 30, 2024
Home Forums Images WikiNASIOC Products Store Modifications Upgrade Garage
NASIOC
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.







* As an Amazon Associate I earn from qualifying purchases. 
* Registered users of the site do not see these ads. 
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 11-28-2006, 11:02 AM   #1
NYCshopper
Scooby Guru
 
Member#: 5126
Join Date: Mar 2001
Location: www.nugateway.com
Default VW to invest $530 million to build its first car plant in India

VW to invest $530 million to build its first car plant in India

http://www.detnews.com/apps/pbcs.dll...DATE/611280422

Quote:
NEW DELHI -- Europe's largest car manufacturer, Volkswagen AG, plans to invest $530 million to build its first plant in India, the German Embassy said Tuesday.

The factory will be built near the city of Pune in the western state of Maharashtra, the embassy said in a statement. An agreement between Volkswagen and the government of Maharashtra state will be signed Wednesday, it said.

On Nov. 17, Volkswagen's supervisory board approved the company's plans to build the car assembly plant in India, a lucrative market where automobile sales are growing 25 percent annually on the back of a booming economy.

The plant will employ around 2,500 staff and is due to start production of a compact vehicle in the second half of 2009.

Volkswagen-owned Czech carmaker Skoda Auto AS already has a plant in Maharashtra. That factory assembles the Octavia, Laura and Superb sedans.
NYCshopper is offline   Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hybrid Kinetic Motors, have announced plans to build a massive car plant AVANTI R5 Non-Subaru News & Rumors 0 09-26-2009 08:42 AM
Ford to Build Diesel Engine Plant in India NYCshopper Non-Subaru News & Rumors 1 11-14-2006 09:14 AM
DaimlerChrysler plans to build 2nd auto plant in India NYCshopper Non-Subaru News & Rumors 0 11-08-2006 08:08 AM
Kia Motors to Build Its First U.S. Factory in Georgia NYCshopper Non-Subaru News & Rumors 6 03-14-2006 06:03 PM
German Architects are about to build the first Car Loft NYCshopper Non-Subaru News & Rumors 34 03-13-2006 06:21 PM

All times are GMT -4. The time now is 02:05 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2024 Axivo Inc.
Copyright ©1999 - 2019, North American Subaru Impreza Owners Club, Inc.

As an Amazon Associate I earn from qualifying purchases.

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission
Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.