VW Sees China As Key To Global Strategy

German carmaker Volkswagen (VW) has announced plans to open a new production plant in China in 2013, by which time BMI expects output growth to have slowed from the record 47.5% in 2009 to little over 10%. VW is not concerned by the threat of overcapacity, however, or the spate of labour disputes over wages that have temporarily derailed the production of a number of its rivals. As VW looks to become the world's biggest carmaker by 2018, the world's biggest car market is still central to its

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