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VW confirms plans to exit Xinjiang operations
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.
VW confirms plans to exit Xinjiang operations after years of pressure
The carmaker made the announcement at the same time as saying it would extend its partnership with Chinese partner
SAIC
by a decade to 2040, a major move by the German carmaker in its biggest market, where sales have been flagging.
VW
and
SAIC
will sell ...
VW confirms plans to exit controversial Xinjiang operation
Under the deal, SMVIC will also take over
SAIC
/
VW
's test tracks in Turpan Xinjiang and Anting in Shanghai, they added. Following the deals, Volkswagen will no longer have a presence in Xinjiang. At the same time, Volkswagen will extend its partnership with ...
1d
VW buckles after years of pressure to sell up in Xinjiang
Volkswagen will sell its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon ...
中国日报网
13h
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 ...
electrive
1d
VW and SAIC extend partnership and electric portfolio
To mark the 40th anniversary of their joint venture agreement, Volkswagen and SAIC have extended their cooperation until 2040 ...
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 ...
DPA International on MSN
1d
Volkswagen divests from controversial plant in China's Xinjiang
German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which ...
Just Auto
19h
Volkswagen, SAIC sell stakes in Xinjiang plant
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 ...
阿思達克財經網
16h
VW Plans to Sell Test Sites in Xinjiang & Shanghai, Extends Partnership with SAIC
Upon completion of the sale, Volkswagen will no longer have a presence in Xinjiang. In addition,
VW
will extend its ...
1d
on MSN
Exclusive-VW to exit Xinjiang operation; will sell plant, test tracks, sources say
Volkswagen will exit its controversial plant in China's Xinjiang region after it and its Chinese partner agreed to sell the ...
1d
on MSN
Volkswagen, partner SAIC to sell joint venture plant in west China's Xinjiang
Bangkok — Volkswagen AG and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that ...
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