Search Results for "Volkswagen"
Compared with March, car market has a sales decline of 12.85% in April, decreasing 2.91% with the same period of last year. In line with the market environment, most models have declining sales volume but Jetta has a slight increase. Lavida faces a 32.6% decrease of 16,700 units, 20 percentage points higher than the average market. Besides, Santana also underperforms the market. Analysts believe the competitive power of Shanghai Volkswagen will be weakened when other main brands are upgrading models.
May 24 , 2016LeEco Auto, an automotive subsidiary of LeEco, a technology company, and one of the largest online video companies in China, has Zhang Hailiang, the former CEO of SAIC Volkswagen, to be its CEO and COO since April 24, 2016.
Apr. 26 , 2016According to an insider, VW China is likely to lay off 20% staff in China, so as to cut personnel costs.
Oct. 21 , 2015