SVW to co-develop new luxury sedan

Updated: 2011-05-09 11:21

(China Daily)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

Shanghai Automotive Industry Corp recently signed an agreement with Volkswagen Group to co-develop a luxury sedan at their joint venture in China, the first of its kind in the VW brand's global portfolio.

Shanghai Volkswagen said in a statement that the new sedan will be locally produced for the Chinese market, but sources familiar with the deal said the car is also likely to sell internationally.

The company did not reveal a timetable for development of the model.


Green works

Wuxi becomes 'test case' for facing country's environmental challenges

The global rise of Chinese brands
China-EU trade on solid ground
ZTE banks on innovation

European Edition


 New wave

Coastal city banks on marine sector to ride next stage of economic development

Drunk driving

Drunk drivers face a detention for one to six months and a revokation of their drivers' license.

V-Day parade

A military parade marking the 66th anniversary of the Soviet victory over Nazi.

The song dynasty
Cut above the rest
Body of work