SHANGHAI VOLKSWAGEN LAUNCHES 1.6L OCTAVIA
AsiaInfo Services, August, 2007
AsiaInfo Services 08-30-2007 Shanghai Volkswagen Launches 1.6L Octavia SHANGHAI, Aug 30, 2007 (SinoCast via COMTEX) -- Shanghai Volkswagen Automotive Co., Ltd., a venture of Germany Volkswagen AG and Shanghai Automotive Industry Corporation (Group) (SAIC), launched 1.6L Skoda Octavia on August 28, 2007 as planned. The A-class car model, whose 1.8T and 2.0L series have hit the market for months with average monthly sales of 4,000 cars, adds four 1.6L versions with prices ranging from CNY 128,000 to CNY 145,000, aiming to competing with 1.6L Sagitar, which is sold between CNY 127,800 and CNY 150,000, by FAW-Volkswagen Automotive Co., Ltd., another venture of Volkswagen AG. The Shanghai-based venture is enlarging the output of Skoda.
Its first and third...
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