CNN on MSN8h
China’s Xinjiang region has been accused of using forced labor for years. Now VW has sold its plant, citing economic reasons
The German automaker announced the sale of the facility, which it owns as part of a joint venture with China’s SAIC Motor, in a press release Wednesday. The Volkswagen spokesperson told CNN that ...
Volkswagen Extends Chinese JV Deal With SAIC; Reportedly To Exit Xinjiang Operations
German auto major Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) announced Wednesday that it is extending its Chinese joint venture deal ...
The world's auto giants will need to partner with Chinese companies to survive in China, analysts say
Time is running out for traditional foreign automakers to adapt to China's electric car market, signaling to industry ...