According to some media reports, Europe largest automaker, Vw Ag. will boost its workforce from 250,000 to 290,000 by 2018, with most of the new jobs to be created in China.
Citing internal documents, the source said that “the number of VW employees will rise from 250,000 to 290,000 by 2018,” including 35,000 new posts in China.
Around 21,000 jobs will be created in the production sector, including 400 managers and 5,000 engineers. Other 4,700 new jobs will open up in the commercial and customer service divisions.
“The Chinese government has been promoting Chinese brands for some time now. In this context, joint ventures with foreign companies — such as FAW Volkswagen or SAIC Volkswagen for us — are encouraged to make a local marque,” an official with unit Volkswagen China said in a Handelsblatt report.
VW is currently in talks with its Chinese partners, looking at the market for models below EUR8,000 (US$11,000), the report said, adding that the company’s supervisory board was expected to approve the project.
According to Wikipedia, Vw Ag. operates 61 production plants in 21 countries.