Exclusive-VW to exit Xinjiang operation with sales of local plant, test track, sources say

By Yahoo! Finance   |   1 year ago
Exclusive-VW to exit Xinjiang operation with sales of local plant, test track, sources say

Volkswagen is selling its plant in China's Xinjiang region to a Shanghai government-owned buyer, ending its controversial presence due to documented abuses. The deal includes extending partnership with SAIC and launching 18 new models by 2030.

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