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Volkswagen Group China (VGC; Chinese: 大众汽车集团（中国）) is the Chinese subsidiary of the German automotive concern Volkswagen Group in the People's Republic of China. Volkswagen Group China used to sell around 3 million cars (as of 2017) in the Chinese market [ 4 ] and until recently was largest car brand in China by sales [ 5 ] .
The joint venture is made up of equity from SAIC Motor (50%), Volkswagen AG (40%), Volkswagen (China) Invest (10%), with a fixed-term venture for 45 years up until 2030. [2] It is the first of three joint ventures operated by Volkswagen in China, alongside FAW-Volkswagen with FAW Group and Volkswagen Anhui with JAC Group .
The Volkswagen Lavida was the best-selling sedan in China. Until 2022, Volkswagen was a market leader in China, the largest single automotive market in the world. [138] In 2019, 3.16 million Volkswagen-branded vehicles were delivered in the country. [139] The importance of the market has justified a significant amount of China-specific models.
FAW-Volkswagen Automobile Co., Ltd. is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. [1] It was founded on 6 February 1991. FAW-VW is headquartered in the south-western fringes of Changchun, Jilin Province, where it also has two vehicle assembly plants.
Volkswagen 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.
With Huayu BEST Program, NDHU CLC received 92.58% expenses support from Taiwan Government and ran two oversea Mandarin Language Centers at Howard University and Oakland University in the United States to bring high-quality Mandarin education to the partner universities.
Volkswagen on Monday announced its board member Thomas Ulbrich will take over as head of technical development in China. "Thomas Ulbrich, Member of the Board of Management for New Mobility at the ...
Volkswagen has bought nearly 5% of Chinese electric vehicle maker Xpeng for $700 million and agreed a strategic partnership to develop two new models as it attempts to reverse a decline in ...