Volkswagen has sold its controversial factory in northwest China’s Xinjiang province. The Wolfsburg team announced this on Wednesday. The buyer is the Chinese state-owned company SMVIC, which is active in the used car business. The Urumqi location in northwest China has long been criticized for human rights violations against members of the Uighur minority. VW… Continue reading German Manager Magazine: Volkswagen: Car company sells its controversial factory in Xinjiang003771 in China
Category: German Press
German Handelsblatt: China: VW withdraws from Xinjiang – test track also sold010158
Volkswagen has been under pressure in recent years because of its activities in the Uyghur region. The company wants to give up the location there, but a partnership should remain. Go to Source
German Handelsblatt: VW partner: Rivian receives government loans worth billions – German car manufacturer could also benefit from this010157
The US car manufacturer is to receive a government loan worth billions for the construction of a new plant in Atlanta, Georgia. In the end, this could also be an advantage for VW. Go to Source
German Handelsblatt: VW partner: Rivian receives government loans worth billions – German car manufacturer could also benefit from this010156
The US car manufacturer is to receive a government loan worth billions for the construction of a new plant in Atlanta, Georgia. In the end, this could also be an advantage for VW. Go to Source
German Handelsblatt: VW: Volkswagen is apparently withdrawing from Xinjiang and selling Werk010155
VW has been under pressure in recent years because of its activities in the Uyghur region. The company wants to give up the location there, but a partnership should remain. Go to Source
German Handelsblatt: Used car check: Retro model with problems as it ages – This is what the VW Beetle is good for as a used car010154
In the general inspection, the new edition of the Beetle actually performed well. But buyers should look closely. Because the statistics are a bit of eyewash. Go to Source
German FAZ: The steel is in the triple clamp008231
Germany’s largest steel manufacturer Thyssenkrupp Steel calls it a “comprehensive industrial future concept”, the works councils speak of a “brutal clear-cutting plan”: around 11,000 of the 27,000 jobs in Thyssenkrupp’s steel division are to be cut or outsourced by 2030, one location is to close, and costs are to be incurred sink – all of… Continue reading German FAZ: The steel is in the triple clamp008231
German FAZ: Our eleven of the year008231
It is autumn 2024, the world is in disorder. Russia is waging war, in North America the new president is pointing in a direction whose effect on Europe is unclear, in Germany the federal government has dissolved. The car world is also in unrest. It depends on economic prosperity, and millions of jobs depend on… Continue reading German FAZ: Our eleven of the year008231
German FAZ: The trick with the Andretti008231
Andretti back in Formula 1, now after all. Just completely different than planned. “I have to pinch myself,” said Andretti, “to make sure I’m not dreaming.” But Michael Andretti, who was once overwhelmed as a Grand Prix driver, won’t be there when Cadillac, the luxury brand of the General Motors Group (GM ), will be… Continue reading German FAZ: The trick with the Andretti008231
German FAZ: How the labor market is suffering from the industrial crisis008233
Germany’s industry is in crisis: after the car manufacturers VW, Ford and Tesla and the car supplier Bosch, the country’s largest steel company now also wants to cut jobs. The industrial group Thyssenkrupp announced on Monday that it plans to cut 11,000 jobs in its steel division and close the Kreuztal-Eichen site near Siegen. The… Continue reading German FAZ: How the labor market is suffering from the industrial crisis008233