As it seeks ways to get its finances in order amid slow sales, Volkswagen announced the sale of one of its plants in China.
On Wednesday, German auto manufacturer Volkswagen (VW) announced that it would sell its operations in Xinjiang. The move comes after years of pressure from rights groups that have documented the ...
Under the deal SMVIC will also take over SAIC-VW’s test tracks in Turpan, Xinjiang, and in Anting, Shanghai. A Volkswagen spokesperson told reporters “there is no business case for the plant.” The ...
SAIC Volkswagen is on target to introduce 18 new models, 15 of them specifically for the Chinese market. Six of the 18 are ...
Volkswagen will sell its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon ...
Volkswagen has sold its plant in Xinjiang — a Chinese region beset by accusations of human rights abuses — citing “economic ...
The carmaker's joint-venture assembly plant in Urumqi, the capital of Xinjiang, designed to build gasoline-powered cars, was ...
German car giant VW said that it would sell its factory and test track in Xinjiang for "economic reasons." China has been ...
BANGKOK (AP) — Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that ...
Volkswagen is selling its Xinjiang operations to SMVIC due to economic reasons and human rights concerns. This exit coincides ...