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Volkswagen Reposes Faith in China With Investment in AI Start up

Apr 07, 2017 06:40 AM EDT

The Volkswagen Group China has invested US$180 million in series D round of funding in Mobvoi, a Chinese artifical intelligence (AI) start up firm that was founded in 2012 by a Google research scientist.

Volkswagen to Release 8 New Energy Vehicles in China: Report

Charissa Echavez |

Jan 16, 2017 09:05 AM EST

German automaker Volkswagen is slated to launch eight New Energy Vehicles, including electric vehicles, plug-in hybrid units, and hydrogen cars, in China, Forbes reported citing a leaked product presentation slide.

Volkswagen Unveils Upgraded 2018 Tiguan

Phenny Lynn Palec |

Jan 09, 2017 08:14 AM EST

German auto manufacturer Volkswagen recently unveiled a new version of the company’s Tiguan crossover at the Detroit Auto Show. The new Tiguan model is longer compared to the current one, and also packs a handful of new upgrades.

Volkswagen to Recall Nearly 50,000 Imported Beetle, Golf Variant Units in China

Charissa Echavez |

Jan 08, 2017 01:44 AM EST

Volkswagen will call back 49,480 vehicles in China starting Feb. 6 due to brake design defects, the country's quality watchdog announced on Tuesday.

Volkswagen Says in Talks with Didi Chuxing, Wants to Focus on Electric Car Market

Girish Shetti |

Nov 17, 2016 07:58 PM EST

The German automaker Volkswagen AG on Thursday made two big announcements about its future plan for China's auto market. The auto giant announced that it is likely to tie up with Didi Chuxing to form a high-end ride-hailing service and will focus more on sales of electric and hybrid vehicles.

Volkswagen's Phideon is priced at nearly $53,273.

Volkswagen to Launch China Only Deluxe Sedan Phideon

S. Rina |

Oct 20, 2016 04:00 PM EDT

Volkswagen will unveil its new top-end car model later this week. The model has been developed exclusively for the Chinese market. The new car called Phideon has the trappings of a luxury car. Volkswagen is looking to capitalize on the latest trend of subdued luxury in the Chinese economy.

Volkswagen showed signs of recovering from its emission reading crisis as the company reported 7.1 percent increase in sales for the period of September.

China Helps Volkswagen Post Sales Growth

S. Rina |

Oct 15, 2016 10:41 PM EDT

Volkswagen showed signs of recovering from its emission reading crisis as the company reported 7.1 percent increase in sales for the period of September.

Volkswagen Issues Recall of 281,500 Cars due to Fuel Leak; No Injury Reported

Phenny Lynn Palec |

Oct 10, 2016 09:33 AM EDT

German auto manufacturer Volkswagen Group has recalled about 281,500 units of the Volkswagen Golf and Volkswagen Golf GTI hatchbacks with year models 2015 and 2016. Volkswagen is also recalling Golf SportWagen wagons, and luxury model Audi A3. The company said that the recall is due to a potential gas leak that was recently discovered.

Volkswagen and JAC Motor's agreement focussed on the research and development, manufacturing and sales of new energy vehicles.

Volkswagen Partners With China's JAC Motor to Develop Electric Cars

Ellie Froilan |

Sep 09, 2016 01:00 PM EDT

Volkswagen AG has signed a memorandum of understanding with China's Anhui Jianghuai Automobile (JAC Motor) to explore making electric vehicles in a new joint venture.

Shanghai Automotive Industry Corp. (SAIC)

China's SAIC Posts 6% Sales Growth in First 6 Months

Charissa Echavez |

Aug 30, 2016 08:23 AM EDT

Chinese carmaker Shanghai Auto Industry Corporation (SAIC) posted positive net profit sales of more than six percent at 15.06 billion yuan ($2.25 billion) in the first half of the year, the company said in a statement to the Shanghai stock exchange last week.

Defective Sunroofs Trigger Volkswagen Recall in China

Marcel Woo |

Aug 03, 2016 10:09 AM EDT

German carmaker Volkswagen is recalling 224 vehicles in China to check on their defective sunroofs, according to the General Administration of Quality Supervision, Inspection and Quarantine.

Volkswagen Planning to set up First Battery Manufacturing Plant in China

Manthan Chheda |

Jun 29, 2016 05:07 AM EDT

Volkswagen is eyeing China as the first location for its battery-manufacturing plant in a bid to capitalize on the booming electric cars market.

Volkswagen is enjoying an upbeat sale in China and plans to invest more joint ventures.

Gett Receives $300 Million Investment From Volkswagen

Phenny Lynn Palec |

May 26, 2016 11:57 AM EDT

The on-demand transportation market continues to grow, and the latest to steal the spotlight is Gett, a New York-based startup that operates primarily based in Europe. Gett has made the headlines after the startup received $300 million in investment from Volkswagen. The German car manufacturer wants to use the investment to spearhead its on-demand and autonomous cars.

Top 5 key cars that made its debut in the Beijing Auto Show this year.

Top 5 Cars Unveiled at the Beijing Auto Show

Charissa Echavez |

Apr 26, 2016 03:02 PM EDT

For many car lovers, the Beijing Auto Show is very significant as different car makers from around the world come together at this event to unveil the best that they have to offer in the Chinese market.

Volkswagen Sees Upward Trend in China, Plans More Expansion

Charissa Echavez |

Apr 25, 2016 10:07 AM EDT

German car manufacturer Volkswagen believes that its upward sales trend in China during the previous two quarters will continue to soar, adding that the company plans to invest more on the market, Jochem Heizmann, China chief, said.

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