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VW CEO Says Talking to Chinese Partners About Their Europe Expansion Plans
BERLIN (Reuters) - Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.
Volkswagen eyes letting Chinese partners invest in German plants
Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( NYSE: XPEV) the possibility of the companies investing in plants in Germany, according to Chief Executive Oliver Blume.
VW CEO says firm talking to Chinese partners on investing in German plants
Volkswagen and its Chinese partners have discussed the possibility of them investing in plants in Germany, VW Chief Executive Oliver Blume told Reuters on Tuesday. Last week, Reuters reported that Chinese investors were shopping for German factories.
3d
on MSN
Volkswagen’s EV future on hold until 2026
Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer.
12d
Chinese buyers said to be interested in unwanted German Volkswagen factories
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at ...
中国日报网
11d
Volkswagen speeds up electrification, innovation in China
The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology ...
1d
on MSN
Volkswagen Has Canceled Plans to Sell the ID.7 EV Sedan in the U.S.
The electric family sedan's tumultuous launch process ultimately ends with VW deciding not to sell it on this side of the ...
This Is Money on MSN
11d
Is China poised to buy German car factories facing closure?
China
is said to be eyeing up German unwanted car factories, in a bid to grow its influence within the heart of European ...
Electrek
1d
Volkswagen may build Porsche and Audi EVs in the US, thanks to Trump’s tariff tantrum
All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The ...
13d
China crisis looms as Europe's gravy train stalls: 'nobody is making money'
It was just past 11 on a freezing December morning on the outskirts of Brussels, but already workers at the city's Audi factory were cracking open frosty cans of beer. They had just finished a long ...
10h
on MSN
Tesla and Chinese carmakers could see windfall from EU emissions rules
European automakers face challenges from stricter EU carbon emission regulations, leading them to buy emissions credits from ...
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