VW: Producing world car in China, coming also to US!
VW is planning to produce a world car in China which shall also find its way to the US!
Volkswagen and its local partner Shanghai Auto said they are jointly developing a new car that will be aimed at North America as well as China. Separately, VW's other partner, First Auto Works, said it plans to spend $1.7 billion over the next eight years to build a range of vehicles it can sell around the world under its own brand name.
Volkswagen plans to design and develop more new models with its Chinese joint-venture partners. Among them will be a new sedan that follows up on the current SAIC-VW Passat Lingyu.
Related news: GermanCarBlog, P4MR, VW
Source: Inside Line
Labels: VW
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