November 6, 2018 / 5:41 AM / 10 days ago

FAW-Volkswagen signs $9 bln deal with Volkswagen for parts and vehicles imports in 2019

BEIJING, Nov 6 (Reuters) - Volkswagen AG and FAW-Volkswagen Automotive have signed a Memorandum of Cooperation under which the Chinese joint venture will import parts and vehicles worth about 62 billion yuan ($9 billion) in 2019, Volkswagen AG said on Tuesday.

The deal was signed during the China International Import Expo (CIIE) in Shanghai, Volkswagen AG said in a press release.

$1 = 6.9213 Chinese yuan renminbi Reporting by Beijing Monitoring Desk; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below