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VW CEO says talking to Chinese partners about their Europe expansion plans
Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.
Volkswagen in Talks with Chinese Partners to Invest in German Plants
Volkswagen has confirmed the start of discussions with its Chinese partners regarding potential investment in its German plants. VW Group CEO Oliver Blume told a conference in Berlin today that these were “conversations without any concrete decisions”, while signaling he welcomes foreign investment in Europe.
Volkswagen eyes letting Chinese partners invest in German plants
Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( NYSE: XPEV) the possibility of the companies investing in plants in Germany, according to Chief Executive Oliver Blume.
VW CEO says firm talking to Chinese partners on investing in German plants
Volkswagen and its Chinese partners have discussed the possibility of them investing in plants in Germany, VW Chief Executive Oliver Blume told Reuters on Tuesday. Last week, Reuters reported that Chinese investors were shopping for German factories.
11h
on MSN
VW CEO confirms talks with Chinese JV partners on investing in German plants
Volkswagen and its Chinese partners have discussed the possibility of them investing in plants in Germany, VW Chief Executive ...
DPA International on MSN
6d
VW boss compares demanding Chinese market to a 'fitness centre'
Volkswagen CEO Oliver Blume said he views China as "a kind of fitness centre" in terms of economic development. "Innovations, ...
PistonHeads
11h
Behold the all-new electric Porsche 718 Cayman
It leaves the battery-powered Porsche 718 in a strange situation, because once upon a time it was meant to be arriving this ...
AOL
13d
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 jobs. The 56-year-old is struggling to contain growing problems that ...
Electrek
4d
Rivian (RIVN) has several automakers ‘knocking on our door’ for EV tech
Rivian (RIVN) already has several automakers reaching out about potential supply deals for software and other EV tech.
Fortune
12d
VW braces for another tricky year with no new EVs
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...
6d
Volkswagen seeks new era in Germany with old methods
For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of ...
5d
Volkswagen to continue supporting Wolfsburg despite crisis
German carmaker Volkaswagen plans to continue supporting their Bundesliga club despite its multi-billion euro restructuring ...
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