Volkswagen Group CEO Oliver Blume will travel to China next month as part of the automaker’s push to preserve its share of the world’s largest car market, according to people familiar with the plans.
Volkswagen Group CEO Oliver Blume will travel to China next month as part of the automaker’s push to preserve its share of the world’s largest car market, according to people familiar with the plans.
Automakers would receive credits for up to 15 percent of the value of vehicles assembled in the U.S. that could be applied against the value of imported parts.