Volkswagen Group China

The Volkswagen Group is one of the first and most successful international partners of China’s automobile industry. The Group has grown together with China’s auto industry in the past 30 years of partnership with the country. In 1984, SAIC Volkswagen Corporation Ltd, the first joint venture of the Volkswagen Group in China, laid the foundation in Shanghai. In 1991, FAW-Volkswagen Corporation Ltd was established in Changchun. In 2017, Volkswagen Group launched JAC Volkswagen, a third joint venture with Anhui Jianghuai Automobile Co., Ltd. for e-mobility in China. The business scope of the Volkswagen Group in China includes the production, sales and services of vehicles and parts, such as engines and transmissions. The Group is presented by many auto brands of all segments — including Volkswagen Passenger Cars Brand, Audi, ŠKODA, JETTA, Porsche, Bentley, Lamborghini, Volkswagen Commercial Vehicles, MAN, Scania and Ducati. Since entering the Chinese market, the Volkswagen Group has taken the leading market position. In 2019, together with its joint venture partners, Volkswagen Group China delivered 4.23 million vehicles to customers in the Chinese mainland and Hong Kong. By 2050, the Volkswagen Group aims to be fully net carbon neutral around the world. The share of electric models in the Group’s portfolio will be increased by up to 35%. In China, the Group is investing billions of RMB for e-cars, e-factories and corresponding R&D together with joint venture partners to achieve this goal. As of the end of 2019, Volkswagen Group China has more than 100,000 employees in China, including those of the joint ventures. At around 3,000 authorized dealerships across the country, over 330,000 dealer staffs provide professional services to thousands of customers every day. VGC has always strived to be the most responsible and trustworthy partner of China, not only provides high-quality products and services to consumers, but also is committed to social responsibilities.

According to the GICS (Global Industry Classification Standard) version of March 2023, Volkswagen Group China’s industry classification falls within the following categories:

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