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Volkswagen signs $9 bln deal with Volkswagen for parts and vehicles imports in 2019

Tuesday, Nov 06, 2018

Volkswagen AG and FAW-Volkswagen Automotive have signed a Memorandum of Cooperation under which the Chinese joint venture will import parts and vehicles worth about 62 billion yuan ($9 billion) in 2019, Volkswagen AG said on Tuesday.

The deal was signed during the China International Import Expo (CIIE) in Shanghai, Volkswagen AG said in a press release.

 

Source: reuters.com

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