Volkswagen and China’s SAIC have signed a deal extending their partnership to 2040. The pair announced their recommitment to the joint venture 40 years after teaming up. SAIC Volkswagen plans to introduce 18 EVs and PHEVs to the Chinese market by 2030.

VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market share in China Volkswagen's (VW) sale of a controversial plant in China will come as a relief to the German carmaker,

German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which has attracted criticism over alleged human-rights abuses of the Uighur minority.

Volkswagen announced its exit from Xinjiang, responding to pressure regarding human rights abuses against Uyghurs. The plant in Xinjiang will be sold to Shanghai Motor Vehicle Inspection Certification.

Bangkok — Volkswagen AG 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 and SAIC Motor are selling their Xinjiang factory following human rights concerns. They've also extended their joint venture to 2040 and pl

German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses including forced labour.

The German automotive company Volkswagen has sold its factory in Xinjiang, located in the northwestern part of China, according to reports from the dpa agency. The company faced criticism due to allegations of human rights violations against the Uyghur minority living in the region.