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Volkswagen Group China logo used from 2007-2023. Volkswagen Group China (VGC; Chinese: 大众汽车集团（中国）) is the Chinese subsidiary of the German automotive concern Volkswagen Group in the People's Republic of China. Volkswagen Group China used to sell around 3 million cars (as of 2017) in the Chinese market [4] and until recently ...
FAW-Volkswagen Automobile Co., Ltd. is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. [1] It was founded on 6 February 1991. FAW-VW is headquartered in the south-western fringes of Changchun, Jilin Province, where it also has two vehicle assembly plants.
Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries. Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the ...
Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that drew criticism due to accusations by western governments of human rights violations.
Volkswagen is in talks to tighten its grip on a majority-owned joint venture in China, sparking tensions with the German automaker's other Chinese partners who fear they could be sidelined ...
VW had long been China’s best-selling automotive brand, but last year it was overtaken by Chinese rival BYD, which sells both EVs and plug-in hybrids but no longer produces traditional cars.
In 2020, Volkswagen Group signs letters of intent between Volkswagen (China) Investment Co. Ltd. and the Government of Anhui Province, for the increase of the Volkswagen Group's stake in the JAC Volkswagen joint venture, from the current 50% to 75%. A transition that also requires investment in JAG (JAC Holding Group), the parent company of JAC ...
After Volkswagen’s 15-year run atop China’s car market, there’s a new manufacturer in the driver’s seat: Warren Buffett–backed BYD. The Shenzhen-based EV powerhouse topped domestic sales ...