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China’s Xinjiang region has been accused of using forced labor for years. Now VW has sold its plant, citing economic reasons
The German automaker announced the sale of the facility, which it owns as part of a joint venture with China’s SAIC Motor, in a press release Wednesday. The Volkswagen spokesperson told CNN that ...
motor1.com on MSN7h
It Begins: Volkswagen Just Sold Off a Plant in China
VW is selling the factory that it operates as a joint venture with SAIC in China's Xinjiang region. However, Volkswagen ...
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 ...
Volkswagen and Joint Venture Partner Sell Controversial Chinese Plant
VW and its local partner sold a production site in the Xinjiang region that had previously brought increased scrutiny on the ...
China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
Thomas Schäfer, CEO of the Volkswagen brand, is bullish about the German automaker's prospects in China and the US amid a ...
The world's auto giants will need to partner with Chinese companies to survive in China, analysts say
Time is running out for traditional foreign automakers to adapt to China's electric car market, signaling to industry ...