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Volkswagen and FAW to create new brand, reveal joint concept
Volkswagen and its Chinese joint venture partner FAW (First Automobile Works) are set to announce the creation of a new Chinese market only brand at the Guangzhou auto show later this month. The two companies aren't saying too much right now. However, a grainy image has appeared on the internet reporting to show a contemporary new four door sedan concept that Volkswagen and FAW plan to wheel out at Guangzhou to kick off their new brand.