Volkswagen car plant in China

While most of carmakers are experiencing difficulties, Volkswagen AG is ready to invest hefty sums to expand and build plants outside its European market. According to its latest statements, Volkswagen AG aims to double (sic!) its output capacity in the world’s second economy in the next five years. The Europe’s biggest carmaker just wants to take advantage of upcoming opportunities and grab a bigger market share in emerging markets to offset weak results recorded in the Old Continent.