| China View reports Sino-German car
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| | Shanghai Volkswagen said the launch of
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| venture Shanghai Volkswagen Automobile Co
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| | Skoda is the beginning of their
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| is seeing Skoda, its newly launched Czech
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| | multi-brand strategy and will expand
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| brand, to help it lift sales in the
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| | their lineup to meet increasing customer
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| middle of heated competition in the
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| | demand.
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| second-biggest vehicle market in the
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| | The venture, which makes Volkswagen's
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| world.
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| | Santana, Passat, Polo, Gol and Touran,
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| The report says the 50-50 joint venture
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| | plans to present a new Skoda model yearly
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| of SAIC Motor Corp and Volkswagen AG told
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| | in the coming years, including the
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| China Daily that it is expecting Skoda,
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| | subcompact Fabia and mid-range Superb.
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| wholly owned by the German carmaker, to
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| | The company emphasized Skoda cars would
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| get 2.5-3 percent of China's passenger
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| | not go head-to-head with Volkswagen
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| car market by 2010.
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| | models as the Czech brand has its own
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| Although the venture did not tell how
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| | market position. This is in attempt to
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| many Skoda cars it expects to sell by
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| | cast out the issue on Skoda's
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| then, analysts said that it is a brave
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| | cannibalization of Volkswagen brand sales
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| plan because the Czech brand is a new
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| | in China.
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| entrant in China.
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| | The venture said Skoda targets buyers who
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| Shanghai Volkswagen claimed that it aims
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| | are "intelligent, steady-going and have a
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| to sell more than 30,000 Skoda Octavia
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| | taste for life and inner-strength", like
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| compact sedans this year. This is in lieu
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| | the lawyers, doctors, teachers, senior
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| of its desire to move a total of more
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| | civil servants, and other professionals.
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| than 400,000 cars, up from 352,000 units
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| | The firm claimed at the end of this year
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| last year. The Octavia, Skoda's first
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| | it will have 110 Skoda dealerships, up
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| China-made model, started its sale on
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| | from 80 now.
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| June 6.
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| | Winfried Vahland, CEO of Volkswagen Group
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| The venture's sales for January through
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| | China, said last September that he
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| June were increased by 23.1 percent to
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| | expected Skoda to be a new foundation
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| 213,735 units. These included 3,000
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| | along with the Volkswagen and Audi brands
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| Octavias, ranking it as the No. 3
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| | to strongly establish the German group's
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| passenger car producer all over China
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| | leadership in China's car market.
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| after Volkswagen's other association with
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| | The group's China sales hiked by 24.6
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| FAW Corp and General Motors' emprise with
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| | percent to 431,369 cars during the first
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| SAIC.
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| | half of the year.
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| The director of Greater China Vehicle
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| | Based on industry data, sales of
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| Forecasts for US consultancy CSM
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| | China-made passenger cars are 2.55
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| Worldwide (Shanghai) Corp by the name of
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| | million units in the same period, up 26
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| Yale Zhang predicted that passenger car
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| | percent.
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| sales in China, which is comprised by
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| | The German carmaker's emprise with FAW is
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| sedans, sport utility vehicles and
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| | producing Volkswagen and Audi vehicles.
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| multi-purpose vehicles, will increase to
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| | Volkswagen is also the maker of quality
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| 7.2 million units in 2010 from 5 million
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| | Volkswagen Rabbit parts.
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| that is expected to be sold this year.
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