VW Group and SAIC extend JV agreement period to 2040
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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 collaboration at SAIC Volkswagen until 2040. This agreement, which was signed on Tuesday, marks the second renewal of the partnership, highlighting the success of Sino-German cooperation in the automotive sector.
SAIC, Volkswagen Extend China JV Tie-Up to 2040
Based in Anting in Shanghai's Jiading district, SAIC Volkswagen has production bases in Nanjing, Yizheng, Urumqi, Ningbo, Changsha, and other cities. In 2015, it surpassed FAW-Volkswagen Automotive, the joint venture of FAW Group and Volkswagen, to become the top-selling passenger car company in China.
Volkswagen, SAIC sell stakes in Xinjiang plant
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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 drew criticism due to accusations by western governments of human rights violations.
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 joint venture to 2040 and pl
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 ...
VW buckles after years of pressure to sell up in Xinjiang
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VW and SAIC extend partnership and electric portfolio
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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 ...
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 ...
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 ...