Volkswagen Group and FAW Group signed a cooperation agreement on Jetta brand development in Chengdu

Volkswagen Group (China), FAW Group, and the Chengdu Economic and Technological Development Zone officially signed the "Jetta Business Development Cooperation Agreement" on August 28. According to the agreement, a new Jetta brand company will be established to fully integrate Jetta's existing resources and introduce local investment, with the goal of jointly developing Jetta into a leading enterprise in Sichuan Province's automotive industry.