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  • Published on Nov 28, 2024

    SAIC, Volkswagen extend joint venture agreement to 2040: companies told GT

    Volkswagen Group China's headquarters in Beijing Photo: VCG On the occasion of SAIC Volkswagen's 40th anniversary, SAIC Motor and the Volkswagen Group signed an extended joint venture (JV) agreement in Shanghai, further strengthening their long- …

    Source: Global Times - Gov't Propaganda
  • Published on Nov 27, 2024

    Volkswagen, Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

    Volkswagen and SAIC Motor are selling their Xinjiang factory following human rights concerns. They've also extended their joint venture to 2040 and plan to accelerate EV production, launching 18 new models, including eight EVs, by 2030. The Xinjiang …

    Source: The Times of India - Center-right
  • Published on Nov 27, 2024

    Volkswagen and Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang

    Article content BANGKOK (AP) — 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. The companies also said …

    Source: Winnipeg Sun - Label Pending
  • Published on Nov 28, 2024

    Volkswagen Sells Plant in China

    It's no secret that Volkswagen is taking a close look at expenses as it seeks to get its finances in order amid slowing sales. Plant closures in Germany and job cuts everywhere hang over VW’s employees like a sword of Damocles. The company is going to …

    Source: Auto 123 - Neutral
  • Published on Nov 28, 2024

    Hesai Group states it is to Halve LiDAR Prices in 2025

    Hesai Group, a leading LiDAR sensor manufacturer based in China, has announced plans to reduce the price of its LiDAR technology by 50% in 2025. This strategic move aims to make LiDAR more accessible for electric vehicles (EVs), particularly those priced …

    Source: TechNews180 - Label Pending
  • Published on Nov 28, 2024

    China’s EV price war is so brutal that BYD is trying to pinch its suppliers

    Hong Kong (CNN) — China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects. BYD …

    Source: WRAL 5 - North Carolina - Neutral
  • Published on Nov 28, 2024

    Volkswagen Exits Xinjiang After Criticism About Complicity in Human Rights Abuses

    On Wednesday, German auto manufacturer Volkswagen (VW) announced that it would sell its operations in Xinjiang. The move comes after years of pressure from rights groups that have documented the Chinese government’s grave abuses—including forced labor— …

    Source: China Digital Times (CDT) - Neutral
  • Published on Nov 27, 2024

    VW sells plant in Chinese region of Xinjiang

    Patricia Nilsson in Frankfurt and Edward White in Shanghai November 27 2024 Jump to comments sectionPrint this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Volkswagen has …

    Source: The Financial Times - Neutral
  • Published on Nov 28, 2024

    Chinese automakers tell suppliers to cut costs as price war deepens

    "In order to enhance the competitiveness of BYD passenger cars, we need the entire supply chain to work together and continue to reduce costs," He wrote.Faced with a bruising price war in the fast growing but crowded domestic market for electric …

    Source: ETAuto - Uncategorized
  • Published on Nov 27, 2024

    VW confirms plans to exit controversial Xinjiang operation

    SHANGHAI —  Volkswagen will exit its controversial plant in China's Xinjiang region, after years of investor pressure to abandon its presence in the region, where rights groups have documented abuses including mass forced labor in detention camps. …

    Source: Voice of America - Public Broadcaster
  • Published on Nov 28, 2024

    Volkswagen to exit China’s Xinjiang

    Volkswagen will sell its operations in China’s Xinjiang, it said yesterday, after years of mounting pressure to abandon its presence in a region where rights groups have documented abuses against the Uyghur population. The carmaker made the announcement at …

    Source: Gulf Daily News Online - Pro-Government
  • Published on Nov 27, 2024

    World in brief: November 27, 2024

    CHINA: Volkswagen and Shanghai’s SAIC Motor said today they have agreed to sell a factory in China’s western Xinjiang region. The companies also said they were extending their 40-year-old car making joint venture until 2040, ahead of schedule, and that the …

    Source: Morning Star - Left-wing
  • Published on Nov 27, 2024

    America 'Shooting Itself In the Foot' With Mexico Tariffs

    Good morning! It’s Wednesday, November 27, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Mexico Tariffs Could Hit 1.2 …

    Source: Jalopnik - Neutral
  • Published on Nov 27, 2024

    VW to exit controversial Xinjiang operation in China

    Volkswagen will exit its controversial plant in China's Xinjiang region after years of investor pressure to abandon its presence in the region where rights groups have documented abuses including mass forced labour in detention camps. Volkswagen and …

    Source: Times LIVE - Uncategorized
  • Published on Nov 27, 2024

    Volkswagen exiting China's Xinjiang region, sells sites amid rights abuse concerns

    German carmaker Volkswagen AG has finally bowed to pressure from investors and is now set to exit China’s Xinjiang region, which has been in news for wrong reasons over the years. Volkswagen will now end its activities in Xinjiang as investors are worried …

    Source: Firstpost - Center-right
  • Published on Nov 27, 2024

    VW buckles after years of pressure to sell up in Xinjiang

    SHANGHAI/BERLIN (Reuters) -Volkswagen will sell its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon its presence in a region where rights groups have documented abuses against the Uyghur population. …

    Source: The Gazette - Colorado - Neutral
  • Published on Nov 27, 2024

    Volkswagen Says it is Exiting Controversial Xinjiang Plant

      German carmaker Volkswagen said on Wednesday it was selling off its entire Xinjiang operation after a year of controversies around the plant in the western Chinese region notorious for vast labour abuses. Volkswagen and its Chinese partner SAIC Motor …

    Source: Asia Financial - Neutral
  • Published on Nov 27, 2024

    VW confirms plans to exit Xinjiang operations after years of pressure

    SHANGHAI (Reuters) -Volkswagen is to sell all its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon its presence in a region where rights groups have documented abuses against the Uyghur population. The …

    Source: The Gazette - Colorado - Neutral
  • Published on Nov 26, 2024

    Chancay megaport magnifies China’s presence in South America

    The new deep-water seaport at Chancay, north of Lima, is open for business, signaling the start of a new era of efficient, high-capacity shipping between China and Peru, with a connection to Brazil across the Andes. This is driving US military and …

    Source: Asia Times - Neutral

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