Audi sales volumes in China to increase enough to reverse previous sales drop

new facelift Audi A3 sedan

German automaker Audi anticipates sales volumes in China to increase highly enough in November and December to reverse a 3 percent drop there in the first 10 months of the year. Joachim Wedler, the head of the brand’s Chinese organization, told Reuters on he anticipated a small single-digit percentage increase in full-year volumes in the […]

Volkswagen and JAC electric car venture gets approval from Chinese regulators

Anhui Jianghuai Automobile Co., Ltd JAC

Volkswagen and Anhui Jianghuai Automobile (JAC Motor) have gotten approval from Chinese regulators to form a joint venture to develop electric vehicles, the two companies stated on Monday. The National Development and Reform Commission (NDRC), China’s leading state organizer, provided a green light to JAC and Volkswagen to develop 100,000 pure battery electric vehicles yearly […]

Audi, SAIC Motor sign agreement to construct Audi cars in China

SAIC Motor

Audi and China’s SAIC Motor signs a contract The contract will likely lead the way for the German high-end automaker to produce automobiles in China with SAIC, an individual knowledgeable about the matter informed Reuters. Executives of Audi and SAIC officially signed the cooperation framework contract on Friday, and the German automaker is expected to […]