While global carmakers scramble to realign their operations, Volkswagen is pulling the plug on a major Chinese factory. After cutting a deal with Germany’s IG Metall union last year to keep a few ...
Volkswagen and its Chinese partner SAIC will close their joint manufacturing plant in Nanjing as they restructure their footprint in the country to produce next-generation electric vehicles.
Domestic sales dropped by 16%, while exports continued to grow strongly.
SAIC-GM-Wuling’s cumulative deliveries of its Hongguang Mini EV now exceed 1.7 million units. Sales of Chinese-made vehicles, including exports, rose by almost 15% year-on-year to 2.593 million units ...
Volkswagen Group and Toyota are among the world's largest automakers. Both companies have struggled with electric vehicles in ...