UPDATE 1-VW sees little change from yuan revaluation

Newswire

(Adds background, share) FRANKFURT, July 21 (Reuters) - China's auto market leader Volkswagen does not see much of a change for the company resulting from a 2.1 percent revaluation of the yuan. "There is not much of a change, if any, to the overall situation," a spokesman for VW, which is also Europe's largest carmaker, said on Thursday, declining to comment on what kind of impact on earnings the revaluation might have. Since VW exports cars and parts to its Chinese joint ventures in ...

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