Beijing — Volkswagen is opening three new factories in China with its local partner, FAW Group, as it steps up efforts to maintain leadership in the world’s biggest car market.Two of the new facilities will be in Tianjin and Foshan, VW said, and it opened one in Qingdao on Monday. The plants will focus on producing more sport-utility and electric vehicles locally. These are the fastest-growing segments of China’s vehicle market.Wolfsburg, Germany-based VW is among car makers expanding local production of sport-utility and electric vehicles even as China eases access to its market by reducing import tariffs. The car maker boosted sales in China by 13.4% in the first quarter to 1.01-million units, mainly with the help of models manufacturing under its two local joint ventures. It plans to sell the compact sport-utility vehicle it developed with SAIC Motor, its other partner, across the globe.The Qingdao factory opened with the introduction of the new Bora on the MQB platform and will ...
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