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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 .
Countries with Volkswagen Group factories around the world. This list of Volkswagen Group factories details the current [1] and former manufacturing facilities operated by the automotive concern Volkswagen Group, and its subsidiaries.
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.
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 ...
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 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 sales ...
Jetta is a car brand created by the Volkswagen Group with its joint venture partner FAW Group in 2019. [1] The Volkswagen Jetta is a popular car in China, and the model forms the basis of the new company, with two additional SUV models joining the range.