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VW Group China boss Ralf Brandstätter says he's willing to sacrifice market share during the price war to protect the equity ...
The struggles continue for global automakers in China. After halting production, Volkswagen announced it will close a plant ...
China’s emerging dominance owes largely to a singular manufacturing achievement: Slashing vehicle-development time by more ...
Volkswagen’s decades-long reign as China’s favorite foreign automaker has come to a crashing halt. After leading the Chinese market for 40 years with models that ranged from budget-friendly ...
Volkswagen still has a ways to go. It sold only 41,000 EVs in China in the first three months of the year, though that was up 91% over the previous year and followed the rollout of new or updated ...
Shares in Europe’s largest carmaker Volkswagen and its French rival Renault dropped sharply Friday after UBS analysts recommended investors dump the stocks, citing the growing threat to their ...
Volkswagen ceded its title of best-selling car brand in China to local EV maker BYD , opens new tab in late 2022. Its market share in China dropped to 14% last year from 18% in 2018 amid declining ...
Volkswagen’s China chief Ralf Brandstaetter spent 1-1/2 days on Feb. 16-17 touring the German group’s facility in the region, which is part of a joint venture with China’s SAIC Motor, along ...
The Numbers. Volkswagen said its after-tax earnings in the first half of the year fell 20 percent from a year earlier, to 8.5 billion euros, or $9.45 billion.
Volkswagen AG sold about 3.3 million vehicles in China in 2021, down 14%, after it was hit by the global semiconductor shortage, its China chief executive said.
Volkswagen Group China Technology Company (VCTC) is VW's Chinese subsidiary, and it has already been able to drop costs significantly from the new platform by using Chinese-produced components.