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Why Volkswagen is injecting $2.7B into its China operations

Volkswagen has revealed its plan to invest €2.5 billion ($2.7 billion) in expanding its operations in China to combat a decline in sales.

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Why Volkswagen is injecting $2.7B into its China operations
A Volkswagen concept car is displayed during the 2023 Guangzhou International Automobile Exhibition on November 24, 2023 in Guangzhou. Photo: Ghetty Images
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