Volkswagen announced new environmental goals for China at the inauguration of the engine plant in Dalian. These goals envisage a reduction of over 20 percent in fuel consumption and emissions for models built at the plants operated by the two joint ventures FAW-Volkswagen and Shanghai Volkswagen by 2010. Volkswagen intends to become the most environmentally friendly automaker in China with the help of modern TFSI engines, innovative automatic gearboxes, lightweight design and further initiatives. So far, some 80 million euros has been invested in the new engine plant, and total investment until 2011 amounts to roughly 145 million euros. The plant is designed for an annual production capacity of 300,000 engines. Via media.vw.com