Sino-File

Change of gear

“Both sides expect to extend the partnership for another 20 years”

VOLKSWAGEN/

Jochem Heizmann, CEO of Volkswagen China, discusses negotiations to renew the joint venture with FAW, which was established in 1983. The German carmaker has indicated it would like to up its stake from 40% to 50% when the existing contract expires in 2016.


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