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 “economic reasons.” “There is no business case for (the plant),” said a spokesperson,
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.
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
SAIC, Volkswagen Extend China JV Tie-Up to 2040
SAIC Volkswagen is based in Anting, Shanghai's Jiading district, and has production bases in Nanjing, Yizheng, Urumqi, Ningbo, Changsha, and other Chinese cities. In 2015, it surpassed FAW-Volkswagen Automotive, the JV of FAW Group and Volkswagen, to become the top-selling domestic passenger car company.
Volkswagen Group advances ‘In China, for China’ strategy, extends JV with SAIC until 2040
Over the next three years alone, the Group and its brands will bring 40 new models to the Chinese market, half of which will be electrified.
Volkswagen, SAIC Motor announce new JV agreement
Group announced that it is strengthening its 40-year partnership with SAIC Motor for the long term. In Shanghai, both
Volkswagen divests from controversial plant in China's Xinjiang
German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which has attracted criticism over alleged human-rights abuses of the Uighur minority.
Volkswagen to sell controversial factory in China’s Xinjiang
Volkswagen has faced major criticism from activists and investors over its interest in the Xinjiang factory which it first opened in 2013
Volkswagen Extends Chinese JV Deal With SAIC; Reportedly To Exit Xinjiang Operations
German auto major Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) announced Wednesday that it is extending its Chinese joint venture deal
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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 ...
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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 ...
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 ...
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 ...
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 ...
China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts
Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV ...