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VW forms new investment company

By Xiao Han | China Daily | Updated: 2012-02-06 07:58

VW forms new investment company

About 15 percent of VWs sold in China use its financing company. The carmaker wants to increase the rate to 50 percent by 2018. Provided For China Daily

BEIJING - German automaker Volkswagen is preparing to expand financial services in China to tap new business opportunities in after-sales services, car rentals and electric vehicles.

VW forms new investment company

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