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China Germany

VW Group extends joint venture with SAIC motors by 10 years, to introduce 18 models by 2030

Nov 28, 2024

On November 27, Volkswagen Group announced the extension of it 40-year partnership with SAIC Motor by extending their joint venture agreement for SAIC VOLKSWAGEN (SVW) by 10 years, until 2040.
This extension ensures long-term planning stability as the Chinese automotive market undergoes rapid transformation. The part....

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