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China Shanghai Volkswagen To Launch Polo Car Monday

SHANGHAI -Dow Jones reported that Shanghai Volkswagen Automotive Co . will launch its compact Polo car series in China Monday, revving up competition in the economy car segment.

The 1.4 liter Polo series will sell at between 127,500 yuan to CNY148,000, depending on the model, Shanghai Volkswagen's marketing arm SAIC- Volkswagen Sales Co . said Wednesday.

Shanghai Volkswagen is a 50-50 joint venture between Germany 's Volkswagen AG ( G.VOW) and Shanghai Automotive Industry Corp....

($1=CNY8.28)