Frightening news...

[Brett Dikeman]

If you notice, the article mostly talks about the Chinese market.  I
see nothing here that says Chinese-made vehicles will be sold
anywhere but in China.

What this probably does mean, however, is that the number of
chinese-made imitation parts will jump significantly.

Brett

At 1:02 PM -0400 10/24/02, Louis-Alain Richard wrote:
>    FRANKFURT, Oct 24 (AFP) - German automaker Volkswagen plans to manufacture
>the A4 model of its Audi unit in China in order to confront the arrival on the
>Chinese market of rival BMW, the newspaper Handelsblatt reported Thursday,
>quoting sources close to Audi in Asia.
>    By manufacturing in China Volkswagen hopes to reduce the model's sales
>price in order to make it more competitive with BMW's Series 3, which is also
>to be produced next year on Chinese territory, the paper said.
>    It added that Volkswagen and Audi would announce the decision by the end of
>the month.
>    Volkswagen officials were not immediately available for comment.
>    BMW's arrival in China poses a direct threat to Volkswagen, currently the
>leader in passenger auto sales there, where the latter controls nearly 50
>percent of the market.


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