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SAIC, Volkswagen

Global Times · 27m

SAIC, Volkswagen extend joint venture agreement to 2040: companies told GT

On the occasion of SAIC Volkswagen's 40th anniversary, SAIC Motor and the Volkswagen Group signed an extended joint venture (JV) agreement in Shanghai, further strengthening their long-term partnership and prolonging the joint venture period of SAIC Volkswagen until 2040,

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.

中国日报网 · 10h

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 collaboration at SAIC Volkswagen until 2040. This agreement, which was signed on Tuesday, marks the second renewal of the partnership, highlighting the success of Sino-German cooperation in the automotive sector.

BYD asks suppliers to cut prices

bnnbloomberg · 6h

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’s auto price war will continue into next year.

China’s EV price war is so brutal that BYD is trying to pinch its suppliers

China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects.

Reuters on MSN · 1d

BYD asks suppliers to cut prices as China auto war intensifies

BEIJING (Reuters) -Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest auto market is set to escalate. Citing a leaked email dated Nov.

1d

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 ...

22h

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 ...

1d

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 ...

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