Volkswagen and China's FAW extend partnership

Newswire

BEIJING, Nov 29 (Reuters) - Volkswagen AG and FAW Group have agreed to extend their partnership beyond its expiration date of 2016, the German automaker said on Thursday, brushing aside reports by some German media outlets that FAW infringed on Volkswagen's intellectual property rights. The joint venture, which makes Volkswagen and Audi cars, will also expand its product portfolio, Volkswagen said, without elaborating. The extension comes just days after ...

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