Tag Archives: with China-only luxury sedan

VW seeks higher margins with China-only luxury sedan

Volkswagen Group will launch a VW-badged luxury sedan designed solely for China next year to help boost its margins, said two people with knowledge of the plan. The move, however, could put VW brand in direct competition with its premium sibling, Audi.The car will be based on Audi’s A6, the country’s top-selling luxury sedan, the people said, declining to elaborate on the vehicle’s China-specific elements.