China Disrupts Europe’s Auto Supply Chain
BERLIN — The pressure on Germany’s once-dominant automotive supply sector is intensifying, as a wave of inexpensive Chinese components upends long-established industrial hierarchies and deepens the crisis confronting Europe’s largest manufacturing economy. For years, German suppliers — names like Bosch, … Continue reading China Disrupts Europe’s Auto Supply Chain
China Eases Export Rules for Nexperia Chips
Brussels — In a move seen as a significant step toward easing tensions in the ongoing semiconductor dispute between China and Europe, Beijing announced on Saturday that it would relax export restrictions for Nexperia chips bound for the European Union. … Continue reading China Eases Export Rules for Nexperia Chips
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