VW to halt buying spree, 12 brands are enough - report

Newswire

* CEO says Europe could live with ten fewer auto plants * Dismisses Marchionne's accusations of waging price war * Says VW needs to beef up presence in Southeast Asia BERLIN, Aug 31 (Reuters) - Volkswagen will take a breather when it comes to acquiring more brands as the German company is busy integrating its 12 nameplates to become the world's biggest carmaker by 2018, Handelsblatt reported its CEO as saying. "We have enough work ...

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