Volkswagen Group to Invest 4B by 2011 to Expand Activities in China
Green Car Congress
SEPTEMBER 12, 2009
The investments are to be financed from the cash flow of the Chinese joint venture companies. At the Nanjing and Chengdu plants, production is to be boosted to between 300,000 and 350,000 units in each case by 2012. "In China, we will see clear double-digit growth in 2009 and expect to remain the market leader in the future.
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