VW MAY ROLL OUT NEW MODELS TO KEEP LEADING POSITION IN CHINA
AsiaInfo Services, May, 2005
AsiaInfo Services 05-23-2005 VW May Roll out New Models to Keep Leading Position in China SHANGHAI, May 23, 2005 (SinoCast via COMTEX) -- SinoCast - In a bid to deal with the stiff competition and defend the leading position in the Chinese market, Germany-based Volkswagen is planning to present new carmodels there. In the future, the company will step up rollout of new autos inFAW-Volkswagen Automotive Co., Ltd.
and Shanghai Volkswagen Automotive Co., Ltd. The group sets to launch new models in the two venture in the following years, including low-end autos for extending product line and meeting the demand in the Chinese market, outgoing head for Volkswagen China operation Bernd Leissner said. The group is making efforts to cut down production costs for...
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