Volkswagen will launch a new brand

One of the world's largest automakers is ready to launch a special budget brand, that will make its cars more available for purchasing. Volkswagen will mostly focus on such models as the compact sedan and crossover. Emerging markets are considered to be the main consumer and will certainly increase the demand. According to preliminary data, the new brand will be presented in 2019.

Volkswagen shares have already risen by 1.41% and continue to grow. Traders have a good chance to earn money on the asset's further increase. Remember, that trading will be available during the European session, from 07:00 to 15:00 GMT time.

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