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China, SAIC and Xinjiang
VW’s controversial Xinjiang plant sale signals strategic shift in China
VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market share in China.
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.
SAIC, Volkswagen Extend China JV Tie-Up to 2040
Based in Anting in Shanghai's Jiading district, SAIC Volkswagen has production bases in Nanjing, Yizheng, Urumqi, Ningbo, Changsha, and other cities. In 2015, it surpassed FAW-Volkswagen Automotive, the joint venture of FAW Group and Volkswagen, to become the top-selling passenger car company in China.
BYD asks suppliers to cut prices
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.
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
on MSN
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 ...
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17h
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 ...
7h
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 ...
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