VW starts exporting cars from China


FRANKFURT, Nov 28 (Reuters) - Europe's biggest carmaker, Volkswagen AG , said on Friday it had built its first car in China destined for export and would sell around 600 Chinese-built vehicles a year in Australia in the medium term. VW is the dominant auto maker in China, controlling around a third of the intensely competitive market, but had said in the past that exporting from the country would not make sense because costs there are still higher than in Germany. The Wolfsburg-based ...

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