The companies are restructuring their footprint in China to produce next-generation electric vehicles.

Volkswagen and its Chinese partner SAIC have shuttered production at a plant in China due to slowing demand for internal combustion engine cars, a Volkswagen spokesman told AFP Friday.

STORY: Volkswagen and its Chinese partner SAIC will close their joint plant in the Chinese city of Nanjing.According to a reports in the German daily Handelsblatt paper on Friday.Citing several people ...

After 17 years, car manufacturing giant Volkswagen and partner SAIC are closing down their joint production plant in the ...

Chinese car companies are growing their business in Europe. They are focusing on affordable prices and new technology. This ...