Volkswagen weighs another plant closure, this time in China
WEB1 day ago · Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s biggest market, domestic EV makers, like BYD, are squeezing out ...
Volkswagen plans stop to production at jointly-owned China plant
WEB1 day ago · SHANGHAI/BERLIN, Sept 18 (Reuters) - Volkswagen (VOWG_p.DE), opens new tab is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge of the ...
China, price cuts and costs: the fuel driving Volkswagen's crisis
WEBSep 6, 2024 · While many of Volkswagen's challenges - from a weakening Chinese market to a slower than expected switch to electric vehicles, have plagued it for a while, two recent developments have made...
VW and China Partner SAIC Set to Close Car Plant as Sales Shrink
WEB1 day ago · ByHaze FanandChunying Zhang. September 18, 2024 at 8:20 AM EDT. Save. Volkswagen AGand its oldest Chinese partner plan to shutter one plant in China and possibly more in response to slowing demand ...
Volkswagen revamps its approach in China in bid ... - Associated Press News
WEBApr 24, 2024 · The Volkswagen Group, which also includes Audi and Porsche, plans to launch 40 new models in China over the next three years and to have a lineup of 30 EVs by 2030 in what Volkswagen CEO Oliver Blume told investors Wednesday is the company’s “second home market.”
Volkswagen invests $700 million in Chinese EV maker Xpeng to ... - CNN
WEBJul 27, 2023 · Volkswagen has bought nearly 5% of Chinese electric vehicle maker Xpeng for $700 million and agreed a strategic partnership to develop two new models as it attempts to reverse a decline in sales...
Volkswagen Seeks to Regain Edge in China as It Cuts Delivery …
WEBJul 27, 2023 · Volkswagen hopes that its investment in XPeng will help advance the German automaker’s electric vehicle software to the standards produced by Chinese manufacturers.
Volkswagen increases pace of innovation in China for China: tech ...
WEBChina-specific electric platform strengthens profitability and competitiveness through 100 per cent localisation. Under its ‘in China for China’ strategy, Volkswagen is pursuing comprehensive localisation in development and procurement for its first China-specific electric platform.
Six World and five China premieres: Volkswagen Group shows the ...
WEBApr 19, 2024 · New products demonstrate consistent ‘In China, for China’ approach: World premieres include Audi Q6 L e-tron and the new Porsche Taycan tailor made for China; Volkswagen brand will reveal China-exclusive concept car
Volkswagen to launch China-specific entry level electric platform
WEBHEFEI, China/BERLIN Nov 24 (Reuters) - Volkswagen (VOWG_p.DE) said on Friday it will develop a new platform for entry-level electric vehicles in China and use more local components to lower...