Forbes -
26 Aug 2015 19:39

When the tide is high, it takes out everything in sight, even the entities that once seemed formidable. Volkswagen AG has for a few years now depended on its sales in China to fuel overall growth. The group is the highest-selling automaker in the country, where the motorization rate is approximately 100 vehicles per 1000 individuals, compared to nearly 800 vehicles per 1000 individuals in the U.S.- so there is still room for growth in China. However, in China, the slowing economic conditions, pr...
Share this Article