Gasgoo Munich- On Nov. 5, FAW-Volkswagen and Volkswagen Group signed a memorandum of understanding covering vehicle and component imports. Under the agreement, FAW-Volkswagen will import selected components and Audi vehicles from Volkswagen Group in 2027.
Image source: FAW-Volkswagen
Key Takeaways
·The agreement continues a series of import arrangements between the companies, which have also worked together on supply chains, product development, market development and vehicle exports.
·FAW-Volkswagen marks its 35th anniversary in 2026. The company said its cumulative vehicle production and sales passed 30 million units in 2025.
·FAW-Volkswagen Jetta Automotive Technology Co., Ltd. began operations in Chengdu in January, with a remit spanning R&D, production, supply, sales and other parts of the value chain.
·FAW-Volkswagen put the ID. AURA T6 onto the market in September and the Jetta M6 in October, adding to its new-energy vehicle lineup.
·Alongside its import business, FAW-Volkswagen is developing overseas sales and service operations for vehicles produced by the joint venture in China.
