Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...
VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market ...
On Wednesday, German auto manufacturer Volkswagen (VW) announced that it would sell its operations in Xinjiang. The move comes after years of pressure from rights groups that have documented the ...
China's SAIC Motor and German car group Volkswagen AG have extended their joint venture by 10 years, prolonging their ...
Under the deal SMVIC will also take over SAIC-VW’s test tracks in Turpan, Xinjiang, and in Anting, Shanghai. A Volkswagen spokesperson told reporters “there is no business case for the plant.” The ...
SAIC Volkswagen is on target to introduce 18 new models, 15 of them specifically for the Chinese market. Six of the 18 are ...
Volkswagen will sell its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon ...
BYD has become a relentless discounter in the price war that Tesla started in the world's largest auto market last year. That ...
Volkswagen has sold its plant in Xinjiang — a Chinese region beset by accusations of human rights abuses — citing “economic ...
BANGKOK (AP) — Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that ...
Volkswagen is selling its Xinjiang operations to SMVIC due to economic reasons and human rights concerns. This exit coincides ...