Volkswagen's 'strategy 2018' drives sustainable future

By Li Fangfang | China Daily | Updated: 2009-03-05 07:54

Winfried Vahland (middle), president and CEO of VGC, together with Liu Jian (left), general manager of Shanghai Volkswagen and An Tiecheng (right), general manager of FAW-Volkswagen, release the company's new strategy with a long-term perspective to the Chinese market recently in Beijing.

Volkswagen AG is best known as the manufacturer of the iconic "Beetle", but its new claim to fame may be its recession-busting bid to boost production and increase market share in the already highly competitive Chinese automotive market.