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SAIC, Volkswagen

Global Times · 1h

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 (JV) agreement in Shanghai, further strengthening their long-term partnership and prolonging the joint venture period of SAIC Volkswagen until 2040,

electriccarsreport.com · 6h

Volkswagen Group and SAIC Motor extend their joint venture agreement until 2040

Volkswagen Group and SAIC Motor announced on Wednesday that they have signed an extension for their joint venture contract in Shanghai 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.

BYD asks suppliers to cut prices

bnnbloomberg · 7h

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’s auto price war will continue into next year.

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.

6hon MSN

Volkswagen sells its car plant in Xinjiang, citing ‘economic reasons’

Volkswagen has sold its plant in Xinjiang, a region in northwestern China beset by accusations of human rights abuses, citing ...

23h

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 ...

1d

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

Volkswagen and SAIC Motor are selling their Xinjiang factory following human rights concerns. They've also extended their ...

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