Volkswagen planning exports from China to Asia, South America, Middle East

Volkswagen is planning to export cars from China to other Asian markets as well as South America and the Middle East, its China chief said on Tuesday, adding the carmaker was also prepared to tackle domestic competition in China.

"It is fully clear that VW will not export to the U.S. or Europe (from China) except for the Tavascan. But other markets are open like Asian markets, South America, and the Middle East," Ralf Brandstaetter said, speaking at an event held ahead of the Shanghai auto show.

"They are open to products from China. We have competitive models and we are approaching doing export from China to these regions."