FRANKFURT -- Volkswagen AG is planning to build light commercial vehicles in China in partnership with the country's leading local car producer, FAW, a VW executive was quoted as saying on Friday.
"We will build the T4 in China," VW's chief representative in China, Zhang Suixin, told the Financial Times Deutschland.
The newspaper said discussions about the production site were continuing but that a decision should be reached shortly.
Volkswagen already controls nearly 40 percent of the Chinese car market -- the fastest growing in the world -- through joint ventures with China's top carmaker First Auto Works (FAW) and Shanghai Automotive Industry Corp.
VW, Europe's largest carmaker, said last month it may outsource production of some of its best-selling cars in China to relieve pressure on a Shanghai plant working overtime to keep pace with booming sales.
It has already invested about three billion euros in China, which overtook Germany as its highest-volume market in the first three months of 2003.