SHANGHAI — China approves Volkswagen AG's plan to develop a compact car with one of its local joint venture partners (see FOCUS ON CHINA — April '99, p.6). The car, as yet unnamed, will be built at the Shanghai production plant where Shanghai Volkswagen Automotive Co. Ltd. — a 50/50 JV with Shanghai Automotive Industry Corp. — currently produces the Santana and Santana 2000 models. Possibly a derivative of VW's European Lupo subcompact car, this model is Volkswagen's response to the ...
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