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Volkswagen works at turning US business around

Carmaker's reliance on leasing is designed to lock in repeat customers for 2017

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VW is leaning on leases until it can start reaping the benefits of a planned US$7 billion investment in North America.

Southfield, Michigan

THE US$89 a month it takes to lease a Jetta at some US dealerships is about as low as the price of using an iPhone on some mobile-phone plans. It's also a sign of how Volkswagen AG (VW) is grasping to turn around its fortunes in the US.

The bargain deal -

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