Articles Tagged with "Volkswagen"

Volkswagen Group China becomes largest shareholder of China’s No.3 battery maker
Volkswagen Group China becomes largest shareholder of China’s No.3 battery maker

Volkswagen Group China is about to acquire a 26.47% stake in Gotion High-Tech, China’s No.3 battery maker, becoming the latter’s biggest shareholder, according to an announcement released by Gotion High-Tech on May 28.

May 29 , 2020
FAW-Volkswagen says April deliveries climb 9.9% YoY
FAW-Volkswagen says April deliveries climb 9.9% YoY

FAW-Volkswagen boasts growth in April retail sales compared to both a year ago and a month ago.

May 12 , 2020
Gotion High-Tech denies rumor of introducing Volkswagen as biggest shareholder
Gotion High-Tech denies rumor of introducing Volkswagen as biggest shareholder

Gotion High-Tech, China’s No.3 battery maker, once again clarified the rumor saying the German automobile giant Volkswagen Group is set to become one of its main shareholders.

Apr. 23 , 2020
FAW-Volkswagen 2019 YTD production and sales both exceed 2 mln units
FAW-Volkswagen 2019 YTD production and sales both exceed 2 mln units

FAW-Volkswagen becomes the first and only passenger vehicle producer in 2019 whose production and sales were over 2 million units respectively.

Dec. 30 , 2019
FAW-Volkswagen fulfills 89% of annual sales goal
FAW-Volkswagen fulfills 89% of annual sales goal

With a total of 1,895,696 new vehicles (including Audi imported vehicles) delivered from January through November, FAW-Volkswagen has already accomplished 89% of its 2019 sales target.

Dec. 13 , 2019
SAIC Volkswagen gets sales growth after 14-successive-month downturn
SAIC Volkswagen gets sales growth after 14-successive-month downturn

After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-year decline in November and year-to-date sales.

Dec. 9 , 2019