Porsche executive takes charge of Volkswagen Africa as Chinese brands capture 40% of cars financed by major lender

Porsche executive Christiane Zorn will take charge of Volkswagen’s African business as the German carmaker confronts the rapid expansion of lower-priced Chinese brands in South Africa, its most important market and manufacturing base on the continent.

#localmarkets

Read full article on Business Insider Africa → https://urly.ing/j8qSxIH8?ext=1