Letzte Aktualisierung: November 30, 2021
Audi's joint venture with FAW delayed
A planned joint venture between Audi and FAW in China will apparently only begin operations after a delay. This was reported exclusively by the magazine "Automobilwoche" on Monday. The required license will now be granted at the beginning of December, following an intervention by the German Ministry of Economics in Beijing. Construction of the joint plant could then begin next year, the report continues. The source for this information is not named, however. An Audi spokeswoman told Reuters that there have been delays in the project approval. The company is said to be in ongoing communication with its partner FAW and the authorities. Preparations for the start of construction were continuing.