US EditionPublished • loading... • Updated
Volkswagen looks to Asia, Middle East for export opportunities from China
Summary by WTVB
2 Articles
2 Articles
Volkswagen looks to Asia, Middle East for export opportunities from China
BERLIN, Jan 28 (Reuters) – Volkswagen plans to use its lower costs in China to export more cars from the country to other markets – but not Europe, the German carmaker’s CEO and China chief said. Ralf Brandstaetter, who heads Volkswagen’s China business, said Chinese-made models could be shipped to South-East Asia, the Middle East or South America. “We do not plan to export to Europe,” he told reporters on Tuesday evening. CEO CONFIDENT, BUT …
Volkswagen wants to expand the export of its vehicles from China. In the long term, the Group wants to secure a place among the largest car manufacturers in the country.
·Düsseldorf, Germany
Read Full ArticleCoverage Details
Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
