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Volkswagen AG Slashes prices by up to 12%
February 18, 2009, Wednesday
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Print Edition
Print Edition
VOLKSWAGEN AG, the biggest overseas car maker in China, slashed prices of some locally made models by as much as 12 percent amid tumbling demand for new vehicles.
The 2-liter Touran was cut to 149,800 yuan (US$22,000) from 169,800 yuan, Shanghai Volkswagen Co said yesterday. The 1.4-liter Polo was cut by 4 percent to 108,600 yuan.
The 2-liter Touran was cut to 149,800 yuan (US$22,000) from 169,800 yuan, Shanghai Volkswagen Co said yesterday. The 1.4-liter Polo was cut by 4 percent to 108,600 yuan.
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