SAIC, VW extend joint venture to 2040
China's SAIC Motor and German car group Volkswagen AG have extended their joint venture by 10 years, prolonging their collaboration at SAIC Volkswagen until 2040. This agreement, which was signed on Tuesday, marks the second renewal of the partnership, highlighting the success of Sino-German cooperation in the automotive sector.
SAIC, Volkswagen Extend China JV Tie-Up to 2040
SAIC Volkswagen is based in Anting, Shanghai's Jiading district, and has production bases in Nanjing, Yizheng, Urumqi, Ningbo, Changsha, and other Chinese cities. In 2015, it surpassed FAW-Volkswagen Automotive, the JV of FAW Group and Volkswagen, to become the top-selling domestic passenger car company.
Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that drew criticism ...
Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of ...
The automaker has long been criticized by human rights activists for doing business in the territory, where China has ...
Over the next three years alone, the Group and its brands will bring 40 new models to the Chinese market, half of which will ...
19hon MSN
Earlier this year, the U.S. blocked imports of several Porsche, Bentley, and Audi vehicles amid concerns that they contained ...
DPA International on MSN18h
Volkswagen divests from controversial plant in China's XinjiangGerman carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which ...
Group announced that it is strengthening its 40-year partnership with SAIC Motor for the long term. In Shanghai, both ...
A VW logo is pictured on a day of an announcement of Volkswagen AG job cuts and closure of its few factories, at the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback