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Volkswagen Sells Plant In China’s Xinjiang Region

Carscoops on MSN · 18h

VW And SAIC Extend Deal To 2040, Plan New Hybrids And Range-Extender EVs, End Controversial Xinjiang Plant

Volkswagen and China’s SAIC have signed a deal extending their partnership to 2040. The pair announced their recommitment to the joint venture 40 years after teaming up. SAIC Volkswagen plans to introduce 18 EVs and PHEVs to the Chinese market by 2030.

SAIC Volkswagen agrees to sell controversial Xinjiang, China, auto plant

Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of forced labor dogged the facility for many years.

The Associated Press - Busines… · 1d

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040

China, BYD

Fortune on MSN · 6h

China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.

China’s EV price war is so brutal that BYD is trying to pinch its suppliers

China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects.

Reuters on MSN · 1d

BYD asks suppliers to cut prices as China auto war intensifies

BEIJING (Reuters) -Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest auto market is set to escalate. Citing a leaked email dated Nov.

29m

SAIC, Volkswagen extend joint venture agreement to 2040: companies told GT

On the occasion of SAIC Volkswagen's 40th anniversary, SAIC Motor and the Volkswagen Group signed an extended joint venture ...

中国日报网10h

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 ...

6h

SAIC’s Maxus Joins BYD in Pushing Suppliers for 10% Price Cut

SAIC Motor Corp.’s Maxus brand has joined market leader BYD Co. in seeking a 10% price cut from suppliers, another sign China ...

1d

Volkswagen to Exit China’s Xinjiang Region After 12 Years

The automaker has long been criticized by human rights activists for doing business in the territory, where China has ...

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