Jan20

All new VW brand for China

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From VW plans to develop a completely new brand intended for China. Over the past two years China has surpassed USA market and has become the largest market for new vehicles. For 2010 there were sold 13.8 million new cars. The main vehicles class that are sold are cheap small cars. General Motors, Honda and Nissan have already presented their new brands in China. In the coming months is expected and PSA Peugeot Citroen to provide its Chinese brand. VW will develop a new brand with Indian company Maruti, which belongs to Suzuki. The main goal for the German company will be to build a car for fewer than 8600 dollars. The basis for future new cheaper VW car most likely will use the European version of the Polo.