Sunday, May 22, 2011

Preparation for production od VW Up! in VW Bratislava plant

Volkswagen Bratislava plant will start from 20 July the preparation of a new model family car Up!. For this event is announced two week summer vacation.
"As the first  is to build new, environmentally superior paint shop,"  said in an interview for Czech television  Board Member  Bohdan Wojnar. 

The investment costs, which should represent more than 300 million euros, will not participate in parent group, but only the Slovak plant. "How much will be of our resources and how mch to cover form  loan will be specified later." Wojnar said. He added that VW Slovakia is in good financial position and will have no problem with financing. 

Volkswagen Slovakia officially announced a new lineup of family cars in early June.The investment will create  in Bratislava about 1 500 new jobs. The first three-and five-door vehicles to be manufactured under the brands Volkswagen, Seat and Skoda has left the plant probably in autumn this year. Full production capacity is planned in the coming year. Overall, the production of VW Slovakia should increase to 400 thousand. cars per year. Slovak government in December 2008 approved the investment project on incentives such as tax breaks of more than 14 million. euros.
Volkswagen operates in Slovakia through its subsidiary, Volkswagen Slovakia, which is manufacturing and assembly businesses. In Bratislava, currently produced VW Touareg, Audi Q7, Porsche Cayenne vehicle part and the Skoda Octavia, Martin has a production plant for gearboxes and components for transmissions and Manchester are preparing cars for export to Russia. The company achieved in 2008 sales 5.178 billion. euros. Last year at the plant in Bratislava, produced 188 thousand. vehicles.

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