Geely in Daimler-Benz, parent of Mercedes-Benz. Headquartered in Hangzhou, Zhejiang, Geely has production bases in Lanzhou, Gansu (completed in 2006, Geely construction in the region continued as of August 2010 either for expanding the existing facility or for a new semi-complete knock-down factory); Xiangtan, Hunan; an unnamed location 40 minutes south of Shanghai; Jinan, Shandong province; and at Linhai, Luqiao, and Ningbo, in Zhejiang. As of 2011, two Volvo manufacturing plants were planned in Daqing and Chengdu, and work on a transmissions-making factory in Tongliang, Chongqing had been initiated. At least four overseas factories assemble Geely models probably from semi-complete or
Volkswagen Group China launched and the Chinese name was announced. Octavia, the first Shanghai Volkswagen Škoda model, hit the market on 6 June 2007. Following Octavia's success, Shanghai Volkswagen launched Fabia in 2008 and Superb in 2009. Established in February 1991, FAW-Volkswagen Automotive Company (FAW-VW) is a large-scale carmaker jointly funded by China FAW Group subsidiary First Automobile Works, Volkswagen AG, Audi AG and Volkswagen (China) Investment Co., Ltd. It was the first modern car industrial base constructed with an economy of scale in China. With its development over the years, FAW-Volkswagen is producing thousands of vehicles on a daily basis. FAW-Volkswagen manufactures