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Shanghai VW to launch Santana 4000 this year
Shanghai. January 31 (Gasgoo.com) – Shanghai will launch its first own brand Model Y or Santana 4000 this year, Chinese media reported today.
Shanghai VW plans to launch five car models this year, the joint venture automaker announced last week. So far three models--- Cross Polo, Santana Vista and Touran have already on sale in Chinese. The automaker plans to launch Skoda Fabia and Model Y or Santana 4000 in the second half of this year.
Shanghai-Volkswagen plans to produce 590,000 vehicles this year in a bid to take back its No.1 position in China’s passenger vehicle industry, the automaker’s new general manager said in a recent company conference.
"To achieve this goal, we will reduce production costs by 40 percent," Liu Jian, General Manager of Shanghai VW, told a company conference last week.
Shanghai-Volkswagen sold 456,424 vehicles in China last year, second to Shanghai GM, which sold 500,308 vehicles in the same period.
Shanghai VW’s had been China’s top passenger vehicles seller for twenty years until it was lost to Shanghai GM over the past three years.
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