DOOLEY Observed: Volkswagen to build 4 million cars in China

Thomas Jefferson said in 1802: "I believe that banking institutions are more dangerous to our liberties than standing armies."

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."-- Thomas Jefferson

"When in danger or in doubt, run in circles, scream and shout." .... jbd

"When once a job you have begun, do no stop till it is done. Whether the task be great or small, do it well, or not at all." .... Anon

Insanity: doing the same thing over and over again and expecting different results. - Albert Einstein

Television is one daylong commercial interrupted periodically by inept attempts to fill the airspace in between them.

If you can't start a fire, perhaps your wood is wet ....

When you elect clowns, expect a circus ..............

Sunday, June 10, 2012

Volkswagen to build 4 million cars in China

FRANKFURT (Reuters) - Volkswagen (VOW3.DE) plans to nearly double its production in China in the next few years, according to a management board member who was recently appointed to head the group's operations in the country.

"By 2018 we will raise our production capacity in the country to 4 million vehicles," Jochem Heizmann told German weekly magazine Focus.

VW's two Chinese joint ventures are investing a total of 14 billion euros ($17 billion) by 2016, and the Wolfsburg, Germany-based group has said in the past its annual production capacity in China would rise to 3 million cars as early as next year.