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Volkswagen AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan (US$590 million) to revamp their car plants in Shanghai to make new Audi sedans, according to a government document seen by Reuters. FILE PHOTO: The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir 14 Jul 2020 01:55PM Share this content Bookmark BEIJING: Volkswagen AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan (US$590 million) to revamp their car plants...
