Volkswagen Opening Five New Factories in China by the End of 2013

Volkswagen has announced that it will open five new factories in China before the end of 2013. This move, being made despite the fact that General Motors has just posted numbers showing that it had sold more cars in China the first half of this year than has VW, is just one step in the German juggernaut’s ongoing march to become the planet’s top automaker.

Currently, VW produces an even score of models in the Land that Mao built. Additionally, the company imports 50 more models into China. VW says that once these new plants have opened, employing people from all segments of society, it will be making 30 models in country and importing around 60.