Volkswagen’s Africa boss Thomas Schaefer is placing a $50 million bet on a new business built around ride-hailing and car-sharing in Africa. VW is using Rwanda as its laboratory. “It …
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Volkswagen in Africa
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Volkswagen begins joint venture with Algeria’s SOVAC for local assembly
by SpeedLuxby SpeedLuxVolkswagen signed a deal on Sunday for assembling vehicles in Algeria in a joint venture with its regional automobile importer SOVAC, going for a production capability of over 100 vehicles …
