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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.
Volkswagen considers partnerships with Chinese EV makers- report
Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese electric vehicle (EV) makers, as the company faces a downturn in demand and increased competition,
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 straitstimes.com.
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.
6d
Volkswagen seeks new era in Germany with old methods
For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of ...
autoevolution
11d
Unpopular Opinion: Volkswagen Won't Find Buyers for Its Unprofitable Factories in Germany
A new report claims Chinese carmakers are interested in buying Volkswagen's factories in Germany, but this could be only a ...
13d
Volkswagen CFO: After Cost-Cutting Deal, Productivity Must Go Up
CFO Arno Antlitz, speaking to investors in New York on Tuesday, said that the cost-cutting deal struck with unions last ...
12d
Exclusive: Chinese buyers interested in unwanted German Volkswagen factories, source says
Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen ...
13d
on MSN
Has Volkswagen become too reliant on foreign markets?
VW produces and sells vehicles around the world. Its Germanness is an important selling point, but the company is equally at ...
Yahoo Finance
6d
Analysis-Volkswagen seeks new era in Germany with old methods
BERLIN (Reuters) - For all its talk of radical change,
Volkswagen
's cost-cutting deal in
Germany
relies heavily on the automaker's tradition of cooperation between managers and workers ...
2d
Volkswagen open to Chinese rivals taking over excess production lines in Europe
Volkswagen is open to allowing Chinese carmakers to take over its excess production lines in Europe, as it grapples with ...
5d
Volkswagen to make additional investments in US, CFO says in Davos
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the ...
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Europe
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