China: VW to sign agreement for new Chinese plant

Volkswagen AG will reportedly reach an agreement concerning a new plant in China during the visit of Chinese Premier Wen Jiabao to Germany, on 23 April. Reuters, citing two unnamed sources, said that Volkswagen Chief Executive Officer Martin Winterkorn is expected to sign a declaration of intent with Jiabao. This, the Subscribe to Automotive World … Continued

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• April 18, 2012