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Memo Signed by FAW-VW, Volkswagen, Whole Vehicles of Audi Agreed on Import List

The Cooperation Forum for Chinese Enterprises, which was organized by the State-owned Assets Supervision and Administration Commission of the State Council, was opened at the 1st China International Import Expo, or CIIE, on November 6, 2018. At the forum, FAW-VW and Volkswagen Group of Germany signed a cooperation memorandum according to which FAW-VW has planned to import CKD and whole vehicles of Audi from Germany in 2019 as an effort to meet the demands of increasingly diversified product lines and domestic consumers of high-quality automobiles. 

 

FAW-VW is the miniature of China-Germany joint effort in developing automobile industry. It is a result of sincere cooperation between the two sides. Since 1988, FAW-VW and Volkswagen Group have made remarkable economic and technical achievements, thereby becoming a role model in joint investment and cooperation in automobile industry. The two sides agreed on import of spare parts in 2003, and have carried out cooperation in such aspects as import of spare parts and whole vehicles over the past 15 years.