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VW to Add 10 New Locally Produced SUV Models in China by 2020

Volkswagen AG said it will add 10 new locally produced SUV models to China by 2020, increasing its offerings in the fastest growing vehicle segment of its largest market.

VW China chief Jochem Heizmann had said back in April that the carmaker is missing out on the fast-growing market for budget sport utility vehicles and minivans and was “working hard” to address that gap in their product offerings. VW China spokeswoman Peng Feili commented via text message on the SUV plan, which was announced at an event before the Guangzhou Auto Show.