Lucid currently sits in a similar scenario, with the recent launch of its Gravity SUV and its plans to launch a number of mid ...

"For economic reasons, the site has been sold by the joint venture as part of the strategic realignment. The same applies to the test tracks in Turpan and Anting," Volkswagen said in a statement.

The joint venture will focus on product, production and decarbonization initiatives, including an accelerated electrification ...

Our 2025 forecast shows a 5.61% EBIT margin with significant restructuring efforts. See why we are bullish on Volkswagen's ...

It said the joint venture has also sold test tracks in Xinjiang's Turpan and in Anting, outside Shanghai. In response to criticism over its operations in Xinjiang, Volkswagen earlier said an audit ...

The merger talks between Japan’s second- and third-largest automakers highlight the intense upheaval within the world’s auto ...

With this planned merger, the top Japanese car titans will lead to creating the third-largest automotive company in the world ...

SAIC Volkswagen hosted its 40th anniversary event on Tuesday at its Anting plant in Shanghai, saying it is embarking on its ...

By 2030, SAIC Volkswagen will launch a total of 18 new models, 15 of which will be developed exclusively for the Chinese ...

Volkswagen and its joint venture partner in China sold a plant in the country that has previously brought increased scrutiny on the auto makers over human-rights concerns. VW and partner SAIC ...