US EditionVW Just Shuttered Its First Major Plant In China After 17 Years
7 Articles
7 Articles
German carmaker Volkswagen and its Chinese partner SAIC have ended production at their Chinese plant in Nanjing due to declining demand for cars with combustion engines, and the plant will be closed.
In 2007, with great fanfare, Škoda first began assembling cars in China. Successful years followed, but those are long over. Today, Škoda is at the bottom of the rankings and has even had to close one of its factories.
On October 12, 1984, a joint venture between the Chinese carmaker SAIC and the German Volkswagen was officially established, at that time near Shanghai, to produce the Santana model. It put China on wheels and helped Volkswagen rise to the position of China's number one salesman for many years. It was only two years ago that BYD shook it from its unshakable position, and in general, the growing Chinese competition is causing more and more wrinkl…
Volkswagen is withdrawing from a large plant in China for the first time. The closure in Nanjing marks a turning point in the world's largest car market.
Volkswagen closes Nanjing factory in China
Volkswagen and SAIC close their joint plant in Nanjing, China. Production has already come to a standstill. In Nanjing, the partners had mainly built combustion models such as the VW Passat and Skoda Superb. Production is now moving to a nearby plant. There had already been rumors last year about the closure of the plant in Nanjing. The German business paper Handelsblatt initially reported on the plant’s closure, but the German Group has since c…
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