March 8
Volkswagenwerk AG signs an investment agreement with the Yugoslavian importer UNIS for the construction of a local production site. In accordance with this agreement, the joint venture Tvornica Automobila Sarajevo (TAS), based in Vogosca, is founded on June 14th, and signs up to the investment agreement on August 8th. TAS, in which Volkswagenwerk AG holds a 49 percent share, initially produces replacement parts and standard production parts for the German car-maker. After a year-long construction period, the new plant starts assembling the VW 1200, 1300 and 1303 models on November 10, 1973. At first, production capacity is about 20 vehicles a day. In 1976, the site switches to production of the Golf. On transfer of the entire Caddy production to Sarajevo, the Yugoslavian company starts producing for export markets in 1982. In the Autumn of 1985, the second-generation Golf goes into production. In 1988, 3,109 employees produce a total of 28,341 vehicles, of which 15,184 are delivered to Volkswagen AG. On September 28, 1989, the 300,000th Volkswagen, an alpine white Golf, rolls off the production line. In 1990, the Yugoslavian company achieves a new production record of 37,411 vehicles. The civil war and collapse of the economy result in production being stopped in 1992.
Volkswagenwerk AG signs an investment agreement with the Yugoslavian importer UNIS for the construction of a local production site. In accordance with this agreement, the joint venture Tvornica Automobila Sarajevo (TAS), based in Vogosca, is founded on June 14th, and signs up to the investment agreement on August 8th. TAS, in which Volkswagenwerk AG holds a 49 percent share, initially produces replacement parts and standard production parts for the German car-maker. After a year-long construction period, the new plant starts assembling the VW 1200, 1300 and 1303 models on November 10, 1973. At first, production capacity is about 20 vehicles a day. In 1976, the site switches to production of the Golf. On transfer of the entire Caddy production to Sarajevo, the Yugoslavian company starts producing for export markets in 1982. In the Autumn of 1985, the second-generation Golf goes into production. In 1988, 3,109 employees produce a total of 28,341 vehicles, of which 15,184 are delivered to Volkswagen AG. On September 28, 1989, the 300,000th Volkswagen, an alpine white Golf, rolls off the production line. In 1990, the Yugoslavian company achieves a new production record of 37,411 vehicles. The civil war and collapse of the economy result in production being stopped in 1992.