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Is it reliable for FAW-Volkswagen to move to Hangzhou?

The news that FAW-Volkswagen moved to Hangzhou is unreliable.

FAW-Volkswagen Automobile Co., Ltd. announced that its wholly-owned subsidiary FAW Audi Sales Co., Ltd. was incorporated in Hangzhou, and the new sales company was upgraded to the original FAW-Volkswagen Audi Sales Division. It also means that FAW Audi will move to Hangzhou, Zhejiang. FAW-Volkswagen Automobile Co., Ltd. operates three brands: Volkswagen, Audi and Jetta. As of June 65438+1October 3 1 in 2023, there is no information about the overall relocation of FAW-Volkswagen Automobile Co., Ltd. to Hangzhou, which is unreliable.

FAW-Volkswagen is a large-scale passenger car manufacturer, which was established on February 6, 199 1 year and headquartered in Changchun, Jilin, China.