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Volkswagen Sells Plant In China’s Xinjiang Region

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

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.

Carscoops on MSN · 1d

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.

China, BYD

Fortune on MSN · 20h

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.

1hon MSN

VW’s controversial Xinjiang plant sale signals strategic shift in China

VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market ...

Gangnamtimes on MSN10h

Audi Unveils 764-HP Electric Concept Car with a Range of 435 Miles—Just for China

Audi partners with SAIC to launch a new EV brand in China, featuring a unique design and advanced performance for local ...

2hon MSN

Sweden formally asks China to cooperate with investigation into damaged undersea cables

Sweden has sent China a formal request to cooperate with its investigation into damage sustained by two undersea cables in ...

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