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Volkswagen to invest $5.8 billion in China

by Tony Sagami on September 11, 2009

Business is so good in China that Volkswagen is going to spend $5.8 billion to beef us its Chinese production facilities by 2011.

“China is the world’s most important market for Volkswagen…The demand for our products is rising so quickly there that our existing capacity can’t keep up,” said the VW CEO.

Can you say ‘far-fig-nue-gen?’

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