Volkswagen’s Electrifying Leap in China: A 2024 Overview
SHANGHAI – In the ever-evolving automotive landscape of China, Volkswagen Group China has made significant strides, delivering a robust performance with 3.236 million vehicles reaching customers in the mainland and Hong Kong in 2023, marking a 1.6 percent increase. This … Continue reading Volkswagen’s Electrifying Leap in China: A 2024 Overview
German car manufacturers in China: fight for market share
SHANGHAI – The once thriving relationship between German car manufacturers and the Chinese market is showing cracks. For decades, China was synonymous with growth and success for brands like Volkswagen, Audi, BMW, and Daimler-Benz. But times are changing. Volkswagen, once … Continue reading German car manufacturers in China: fight for market share
Volkswagen China plans to hire 3,000 engineers
WOLFSBURG/SHANGHAI – Volkswagen has announced that it plans to hire around 3,000 engineers in China by the end of 2024 to speed up its electric car production and reduce costs. The company wants to strengthen its position in the world’s … Continue reading Volkswagen China plans to hire 3,000 engineers
China’s car market under pressure
Beijing – Car sales have fallen in all key regions, especially in China, the world’s biggest auto market. With concerns about the economy and stricter emissions rules looming, there is no end in sight for carmakers’ troubles. The biggest fall … Continue reading China’s car market under pressure