VW target Chinese domination with $19 billion investment
They've pretty much bought up half of the European automotive market and now German auto giant Volkswagen are targeting China for domination.
VW already has a market share of 16% in China but have piled together $19 billion dollars to invest in the Chinese sector. The Wolfsburg-based firm is already on track to sell over two million cars there this year and is forecasting a 15% increase in sales over last year too.