Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. ... VW said the original joint venture agreement with SAIC was valid until 2030.

China's SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters.

SAIC-VW’s Nanjing plant has a production capacity of 360,000 vehicles annually including the VW Passat and Skoda branded cars. Just two years ago the joint venture ceased operations at another ...

VW and SAIC will sell their plant in Xinjiang to Shanghai Motor Vehicle Inspection Certification (SMVIC), a unit of state-owned Shanghai Lingang Development Group, which will take on all its ...

VW to co-develop NEVs with SAIC. GlobalData . Mon, Jul 1, 2024, 5:52 AM 1 min read. In This Article: VWAPY . 600104.SS . China’s largest vehicle manufacturing group, SAIC Motor Corporation, has ...

This wouldn’t be the first time SAIC-VW has stopped building vehicles at one of its Chinese plants. In 2022, it moved production from its No. 1 Auto Plant in Shanghai’s Anting manufacturing ...

SAIC-VW, in Shanghai, builds and markets gasoline-powered vehicles for VW, Audi and Skoda. It also produces and distributes electrified models for the VW and Audi brands.

The German automaker does business in the region through two joint ventures (JVs) – SAIC-VW and FAW-VW. The business alliances sell two versions of Volkswagen’s ID.4 and ID.6 electric models.

Audi and SAIC plan to jointly develop new models built on a China-specific platform — dubbed the Advanced Digitized Platform — for premium electric smart cars, according to a statement Monday.

SAIC-Volkswagen Automotive Co., Volkswagen Group's joint venture with SAIC Motor Corp., will construct a plant to build VW's I.D.-brand electric vehicles, according to a Chinese media report. The ...

It employed 207,000 people at its parent company and major subsidiaries at the end of 2023, according to SAIC’s annual report.One of the sources said most of the reductions at SAIC-VW would come ...

SAIC-VW’s Nanjing plant has a production capacity of 360,000 vehicles annually including the VW Passat and Skoda branded cars. Just two years ago the joint venture ceased operations at another ...