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SAIC, China and Volkswagen
SAIC Volkswagen agrees to sell controversial Xinjiang, China, auto plant
Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of forced labor dogged the facility for many years.
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040
SAIC, Volkswagen Extend China JV Tie-Up to 2040
SAIC Volkswagen is based in Anting, Shanghai's Jiading district, and has production bases in Nanjing, Yizheng, Urumqi, Ningbo, Changsha, and other Chinese cities. In 2015, it surpassed FAW-Volkswagen Automotive, the JV of FAW Group and Volkswagen, to become the top-selling domestic passenger car company.
Zacks.com on MSN
2h
Earnings Preview: SAIC (SAIC) Q3 Earnings Expected to Decline
SAIC (SAIC) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good ...
1d
on MSN
SAIC upgraded at Wells Fargo after DOGE sell-off
Science Applications International Corporation (NASDAQ:SAIC) on Tuesday was upgraded to Overweight from a previous investment ...
1h
SAIC, Volkswagen extend joint venture agreement to 2040: companies told GT
On the occasion of SAIC Volkswagen's 40th anniversary, SAIC Motor and the Volkswagen Group signed an extended joint venture ...
Digi Times
10h
2025 EV price war looms as SAIC joins supply chain cost-cutting push
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025.
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11h
SAIC, VW extend joint venture to 2040
China's SAIC Motor and German car group Volkswagen AG have extended their joint venture by 10 years, prolonging their ...
7h
SAIC’s Maxus Joins BYD in Pushing Suppliers for 10% Price Cut
SAIC Motor Corp.’s Maxus brand has joined market leader BYD Co. in seeking a 10% price cut from suppliers, another sign China ...
electrive
1d
VW and SAIC extend partnership and electric portfolio
To mark the 40th anniversary of their joint venture agreement, Volkswagen and SAIC have extended their cooperation until 2040 ...
2d
SAIC upgraded to Overweight from Equal Weight at Wells Fargo
Wells Fargo analyst Matthew Akers upgraded SAIC (SAIC) to Overweight from Equal Weight with a price target of $147, down from $157. The firm ...
5h
on MSN
China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts
Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV ...
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Volkswagen
China
Xinjiang
Shanghai
VW
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