Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. ... VW said the original joint venture agreement with SAIC was valid until 2030.

It employed 207,000 people at its parent company and major subsidiaries at the end of 2023, according to SAIC’s annual report.One of the sources said most of the reductions at SAIC-VW would come ...

SAIC-VW’s Nanjing plant has a production capacity of 360,000 vehicles annually including the VW Passat and Skoda branded cars. Just two years ago the joint venture ceased operations at another ...

VW and China Partner SAIC Set to Close Plant as Sales Shrink. ... The site, which makes VW Passat and Skoda cars, has an annual capacity of as many as 360,000 vehicles.

This wouldn’t be the first time SAIC-VW has stopped building vehicles at one of its Chinese plants. In 2022, it moved production from its No. 1 Auto Plant in Shanghai’s Anting manufacturing ...

SAIC-VW ID.3 electric car (Source: SAIC-VW) According to the sources, the plant could be due for an overhaul. Volkswagen hopes to reverse the sales slump by partnering with domestic automakers ...

SAIC-VW, in Shanghai, builds and markets gasoline-powered vehicles for VW, Audi and Skoda. It also produces and distributes electrified models for the VW and Audi brands.

Audi and SAIC plan to jointly develop new models built on a China-specific platform — dubbed the Advanced Digitized Platform — for premium electric smart cars, according to a statement Monday.

VW and SAIC will sell their plant in Xinjiang to Shanghai Motor Vehicle Inspection Certification (SMVIC), a unit of state-owned Shanghai Lingang Development Group, which will take on all its ...

VW’s Audi brand will produce China-exclusive EVs based on SAIC’s IM platform. Volkswagen ID.3 — Source: Volkswagen SAIC-Volkswagen’s ID. series saw more than 130,000 vehicles sold in 2024 ...

SAIC-VW’s Nanjing plant has a production capacity of 360,000 vehicles annually including the VW Passat and Skoda branded cars. Just two years ago the joint venture ceased operations at another ...

China's SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters.