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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.
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, Chinese partners discuss investing in Germany plants, Reuters says
Volkswagen (VWAGY) and its Chinese partners have discussed the possibility of investing in plants in Germany, Reuters reports, citing comments
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.
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Volkswagen ponders handing over idle production lines to Chinese carmakers
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Germany Volkswagen's $60 billion investment in combustion engines focuses on sustainability and synthetic fuels, shaping the ...
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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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on MSN
Germany’s Economic Model Is Broken, and No One Has a Plan B
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering ...
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With Germany heading to the polls—will the government be able to turn around its crisis-hit economy in time?
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The Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany
The Czech Republic, also known as Czechia, has built its post-Cold War economy in the same way Germany did post-reunification ...
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EV Sales In Europe Set To Spurt But 2030 Mandate Looks Impossible
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 ...
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