Volkswagen sets up firm to produce cars in Turkey

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Volkswagen sets up firm to produce cars in Turkey
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Volkswagen opens Turkey unit as it gets ready to produce 300,000 cars annually

This file photo taken on February 20, 2014, shows the German car maker Volkswagen logo displayed at a car dealer in Hanover.

The firm — Volkswagen Turkey Otomotiv Sanayi ve Ticaret AS — was established with a capital of 943.5 million Turkish liras .

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