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Volkswagen, SAIC and VW
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
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.
20h
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 ...
electrive
2d
Volkswagen-SAIC could close production site in China
Due to weak demand for cars with combustion engines, Volkswagen and its partner SAIC could close a factory in China. In the ...
Transport Topics
1d
Volkswagen to Slash China Jobs as Part of Global Overhaul
Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next ...
Yicai Global
8d
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 ...
DriveSpark
11d
Volkswagen And SEAT Announce Executive Changes In Finance Department
Patrik A. Mayer and David Powels exchange leadership roles in finance and IT at Volkswagen and SEAT, aiming to enhance ...
Metal
12d
SAIC Motor’s new energy vehicle wholesales rise 11.4% YoY in Jan.-Aug. 2024
Shanghai (Gasgoo)- SAIC Motor recorded a wholesale volume of 257,635 vehicles in Aug. 2024, representing a year-on-year decline of 39.14%, but showing a month-on-month growth of 2.45%, according to ...
EuropaWire
11d
Volkswagen and SEAT Announce Key Leadership Changes in Finance and IT Departments
Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, ...
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