Volkswagen to Buy Stake in Karmann

November 20, 2009 · Filed Under Companies, Suppliers · Comment 

At its meeting today, the Supervisory Board of Volkswagen Aktiengesellschaft approved the acquisition of land, machinery and equipment formerly belonging to the Karmann holding company at the Osnabrueck site. For the coming weeks the establishment of a new Volkswagen car manufacturing subsidiary is planned and later on, the launch of a new vehicle project. Read more

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