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Canadian suppliers to profit from EDC’s loan to Volkswagen Group

Canadian automotive component manufacturers stand to gain from EDC's move to provide financing to Volkswagen Group

In the first quarter of this year, Volkswagen Group's deliveries worldwide improved by 1.8% compared with Q1 of 2014, to reach 2.49 million vehicles. In Europe, the group accounted for deliveries of 1.02 million vehicles, up 4.1% compared with around 980,000 units.

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