Volkswagen, SAIC and VW
VW And SAIC May Shut A Chinese Plant As ICE Sales Slow
Volkswagen and its Chinese joint venture partner SAIC Motor Corp plan to shut a factory in Nanjing as early as next year due to declining local sales of some combustion-powered vehicles and the rising popularity of EVs.
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge of the matter said, in a sign of carmakers' struggles to manage overcapacity in the world's biggest car market.
Volkswagen weighs another plant closure, this time in China as domestic EVs take control
Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s
Volkswagen Continues To Face Challenges In China, Rated Hold
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software improvement. Read more here.
Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reports
Volkswagen and its Chinese joint venture partner SAIC plan to close at least one plant in China due to slow demand for combustion engine cars, Bloomberg News reported on Wednesday, citing people familiar with the matter.
VW and China partner SAIC set to close car plant as sales shrink
VW and SAIC are cutting capacity and conducting a strategy review of the Skoda brand in China after a steep dropoff in sales.
Volkswagen Plans To Shut Down One Plant In China: Reports
Volkswagen AG and its Chinese joint venture partner SAIC Motor reportedly plan to shutter one plant in China. The JV is preparing to
SAIC Volkswagen says adjusting plant base "necessary"
SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base ...
autoevolution1d
Volkswagen Troubles Deepen Across the Globe As Sales Shrink and Massive Layoffs Loom
Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...
Yicai Global8d
First SAIC-Audi Concept Car to Be Unveiled by Year-End, Project Head Says
(Yicai) Sept. 13 -- The first prototype auto produced by Chinese auto manufacturer SAIC Motor and its German partner Audi ...
U.S. News & World Report4d
Volkswagen Plans Stop to Production at Jointly-Owned China Plant
Volkswagen said it does not comment on speculation. SAIC was not immediately available for comment. Two sources denied that the joint venture partners plan to close the Ningbo plant, its largest ...