Automatic Website Traffic RSS

Chinese Automakers Could Snap Up VW’s Empty European Plants

Chinese brands are reportedly interested in VW’s cast-off plants in Europe. VW wants to shutter two sites to improve profits harmed in part by a downturn in China. Adapting an existing plant ... read more

Volkswagen Is Closing Factories. China's EV Makers Want Them

But it's not drones over New Jersey that the Deutsch are worried about, it's Chinese electric vehicle makers circling over their European ... VW backed down on the outright closing of plants. read more

Threatened closure of VW plant in Zwickau, Germany jeopardises whole region

It is not a question of distributing the 35,000 job losses “fairly” between east and west Germany, but of preventing them. read more

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 ... read more

Chinese firms eye VW’s struggling German plants – report

Chinese investors and officials are considering purchasing German automotive factories that are on the brink of closure, with a particular focus on those owned by Volkswagen, reported Reuters. read more

VW CEO says talking to Chinese partners about their Europe expansion plans

"When companies invest in Europe, create value, create jobs, that is always viewed positively. We have close ... Volkswagen. The carmaker was working on a long-term solution for the two German ... read more

Chinese firms eye VW’s struggling German plants – report

Bidders for the German facilities could include private firms, state-owned entities, or partnerships with international companies. Credit: Gorodenkoff/Shutterstock ... read more