(RTTNews) - Volkswagen AG and its Chinese joint venture partner SAIC Motor reportedly plan to shutter one plant in China. The JV is preparing to close a factory in Nanjing as soon as next year, ...
Volkswagen is facing severe challenges as profits from China have halved in a decade and Europe's car market is shrinking. The company recently cut prices for VW brand cars, leading to significant ...
Tesla successfully lobbied the European Commission for a separate investigation within its made-in-China EV probe, scoring a lower rate than Europe’s own brands. Meanwhile, Volkswagen’s China ...