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Automakers gear up for an Eastward drive

By Li Fangfang | China Daily | Updated: 2013-06-10 08:16

Automakers gear up for an Eastward drive

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

Automakers gear up for an Eastward drive

Global automotive chief executive officers are confident of their revenue growth in China achieving sustainability

Automakers gear up for an Eastward drive

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