Volkswagen belongs to Germany. At present, German Volkswagen AG has two joint ventures in China, namely FAW-Volkswagen Co., Ltd. established with FAW and Shanghai Volkswagen Co., Ltd. established with SAIC.
faw-Volkswagen co., ltd. is a large-scale car manufacturer jointly operated by faw group and Volkswagen ag * * *, with faw group holding 6% of the shares and Volkswagen konzern group holding 4% of the shares. Among them, German Volkswagen holds 2% of the shares, Audi holds 1% of the shares and Volkswagen (China) Investment Co., Ltd. holds 1% of the shares.
Extended information:
Volkswagen is an automobile manufacturing company headquartered in Wolfsburg, Germany, and the core enterprise of Volkswagen Group, one of the four largest automobile manufacturers in the world. In 212, the whole automobile group produced and sold more than 9.7 million vehicles, and the Volkswagen brand exceeded 5.74 million vehicles.
faw-Volkswagen co., ltd. (hereinafter referred to as faw-Volkswagen) was established on February 6, 1991. it is a large-scale passenger car manufacturer jointly operated by China faw group corporation, Volkswagen ag, Audi ag and Volkswagen (China) investment co., ltd., and it is the first modern passenger car industrial base in China.
Baidu encyclopedia-Volkswagen