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SAIC reportedly plans to cut jobs – including at VW joint venture

Overcapacity and a price war between car manufacturers in China are causing problems for the largest car manufacturer, SAIC. This could also affect the VW joint venture.

FL
Felix Lee
01. April 2024
SUZHOU, CHINA - FEBRUARY 02: Aerial view of SAIC Volkswagen ID.4 electric sport-utility vehicles sitting parked at a port along the Yangtze River on February 2, 2021 in Suzhou, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111315823842

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Last updated: 01. April 2024

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