Frightening news...
james accordino
ssgacc at yahoo.com
Thu Oct 24 15:50:59 EDT 2002
Does this mean that there's a 50% chance it'll be
broken before you take it out of the package?
Jim Accordino
--- Louis-Alain Richard
<larichard at compagnonderoute.ca> 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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