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Chinese officials eye Volkswagen factories
Unpopular Opinion: Volkswagen Won't Find Buyers for Its Unprofitable Factories in Germany
A new report claims Chinese carmakers are interested in buying Volkswagen's factories in Germany, but this could be only a pipe dream of a company in distress
Exclusive-Chinese buyers interested in unwanted German Volkswagen factories, source says
Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites, a person with knowledge of Chinese government thinking told Reuters.
Chinese officials eye Volkswagen factories as long-term investment
Chinese officials are showing strong interest in Germany's automotive sector, particularly in acquiring factories from established manufacturers like Volkswagen (OTCPK:VLKAF). The strategic move is aimed at enhancing China's influence in Germany's car industry and circumventing European Union tariffs on imported electric vehicles.
Chinese firms eye Volkswagen's German plants amid EU tariff woes
According to anonymous sources cited by "Reuters," Chinese manufacturers are seriously considering acquiring German Volkswagen factories slated for closure. If such a sale occurs, it would be an unprecedented development.
Hosted on MSN
13h
At VW home base, Germany's Scholz vows to revive economy
Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in ...
2d
Volkswagen CFO: After Cost-Cutting Deal, Productivity Must Go Up
CFO Arno Antlitz, speaking to investors in New York on Tuesday, said that the cost-cutting deal struck with unions last ...
Legit on MSN
3d
Volkswagen deliveries fall in 2024 as electric push slows
Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and ...
2d
on MSN
Has Volkswagen become too reliant on foreign markets?
VW produces and sells vehicles around the world. Its Germanness is an important selling point, but the company is equally at ...
2d
on MSN
Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
7d
Volkswagen’s successor to its iconic 1960s bus scoops up prestigious award in rare win for struggling carmaker
The ailing German brand, facing plant closures at home and declining sales of its once vaunted EVs, hopes the ID. Buzz can ...
Autocar Pro
8d
Volkswagen sells 4.8 million vehicles worldwide in 2024, SUV share rises to 47%
Despite strong headwinds, Volkswagen delivered around 4.8 million vehicles to customers worldwide last year (down 1.4% YoY).
3d
on MSN
Volkswagen Deliveries Drop in Tough Year at Home and in China
Sales data from Germany's top-end carmakers, including Mercedes-Benz, BMW and Porsche, showed they took a battering at home ...
1d
Germany’s Distress Levels Set to Rise as Pain Subsides in Europe
Germany is becoming an outlier for corporate distress in Europe as its export-driven economy battles against faltering global ...
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