Reports confirm today that VW will be building a new plant in Changsa, Hunan province, China. The factory will have a 300,000 annual car capacity and cost around 1.6 billion dollars. With sales of 2,812,825 vehicles last year China is now VW largest global market. This factory, when it opens in 2016 will be the twelfth VW factory in the country.
Questions for the group: How does globalization affect the car industry? Should other automakers follow VW lead? Will VW’s investment pay off?