The joint venture is made up of equity from (as of 2008) - Volkswagen AG (40%), Volkswagen (China) Invest (10%), SAIC (50%), with a fixed-term venture for 45 years. It will run until 2030. SVW produces cars under the Volkswagen and Škoda marques. It has an annual production of 500 000 automobiles. In 2009 the production output was nearly 700 000 cars.