VW target Chinese domination with $19 billion investment

Updated
VW wheel
VW wheel


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.

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