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 ...
Following higher EU tariffs on Chinese electric vehicles, car makers such as BYD, SAIC and Geely have increased their hybrid ...
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 SAIC to regain ...
Undermined by allegations of Uyghur forced labor, the German giant has sold its plant and test track in Xinjiang and has been ...
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.
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
Volkswagen announces the sale of its Xinjiang operations, citing economic reasons amid human rights allegations and slowing growth in China.
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
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 ...
German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been ...