Some of reasons that make foreign manufacturers

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Reference no: EM131864367

Internal investment projects. in july 2014, automobile manufacturer volkswagen announced plans to invest $2.7 billion in two more china assembly plants. this was part of volkswagen's plan to spend $19 billion between 2013 and 2016 to expand capacity and increase the number of models produced in the china market. similarly, volkswagen's competitor in china, GM, has plans to invest $11 billion between 2013 and 2016 to add four assembly plants and raise the capacity to 5 million vehicles. what are some of the reasons that make foreign manufacturers like volkswagen and GM decide to invest in china?

Reference no: EM131864367

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