Automakers gear up for an Eastward drive
By Li Fangfang | China Daily | Updated: 2013-06-10 08:16
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A Volkswagen Touareg model on display during an auto fair in Shanghai. Volkswagen AG announced last month that it plans to set up a new plant in Changsha, Hunan province, to strengthen its production in China. The announcement is part of the German automaker's plan to invest 9.8 billion euros ($12.6 billion) in China by 2015, the largest investment program in the world's biggest auto market. Provided to China Daily |
Global automotive chief executive officers are confident of their revenue growth in China achieving sustainability
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