Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...
Volkswagen AG has extended its joint venture with SAIC by 10 years to 2040, a sign of the global carmakers' confidence in the ...
Facing political pressure and dwindling demand for gas-powered cars, Volkswagen is ending its operations in China’s Xinjiang ...
VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market ...
Undermined by allegations of Uyghur forced labor, the German giant has sold its plant and test track in Xinjiang and has been ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
Volkswagen CEO Olivier Blume faced a huge booing crowd in Germany today, arguing that company isn’t operating in “a fantasy world” and that plants will be closing and jobs will be lost.
As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just export hybrids instead, since hybrids of all varieties are ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
On the occasion of SAIC Volkswagen's 40th anniversary, SAIC Motor and the Volkswagen Group signed an extended joint venture (JV) agreement in Shanghai, further strengthening their long-term ...
As it seeks ways to get its finances in order amid slow sales, Volkswagen announced the sale of one of its plants in China.