Volkswagen’s plan to close two factories to cut costs could fast-track Chinese brands' production ambitions in the region ...

VW is planning to sell over 1 million vehicles in the land of the Great Wall in 2008, which should mean that the automaker's China sales will surpass those in Germany for the first time ever.

In the first nine months of this year, VW deliveries were down about 1.6% in its home market of Germany, which is battling economic weakness and rising structural challenges. In China, which has ...