Volkswagen and China’s SAIC have signed a deal extending their partnership to 2040. The pair announced their recommitment to the joint venture 40 years after teaming up. SAIC Volkswagen plans to introduce 18 EVs and PHEVs to the Chinese market by 2030.

VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market share in China Volkswagen's (VW) sale of a controversial plant in China will come as a relief to the German carmaker,

Volkswagen is to sell all its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon its presence in a region where rights

German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which has attracted criticism over alleged human-rights abuses of the Uighur minority.

Bangkok — Volkswagen AG and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that drew criticism due to accusations by western governments of human rights violations.

Volkswagen has sold its plant in Xinjiang — a Chinese region beset by accusations of human rights abuses — citing “economic reasons.”

German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses including forced labour.

German car giant VW said that it would sell its factory and test track in Xinjiang for "economic reasons." China has been accused of using forced labor from ethnic Uyghurs in the region.