FAW-Volkswagen Signs $9 Billion Deal With Volkswagen for Parts and Vehicles Imports in 2019

FAW-Volkswagen Signs $9 Billion Deal With Volkswagen for Parts and Vehicles Imports in 2019

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 (6.9 billion pounds) in 2019, Volkswagen AG said on Tuesday.

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