By bno - Taipei Bureau Volkswagen is considering allowing Chinese carmakers to take over its surplus production lines in Europe as it faces declining demand and increasing competition from the same companies looking to expand their presence in the region.

Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer. The two companies are working on new architecture that will underpin VW’s Chinese EVs. The first models should hit the market in 2026, and at least one will be an SUV.

Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese electric vehicle (EV) makers, as the company faces a downturn in demand and increased competition,

Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.

The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology Company, Volkswagen's software unit CARIAD and XPENG. The CEA will develop a highly modern and cost-efficient electrical architecture that will be used in their vehicles from 2026.

Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( NYSE: XPEV) the possibility of the companies investing in plants in Germany, according to Chief Executive Oliver Blume.

China is said to be eyeing up German unwanted car factories, in a bid to grow its influence within the heart of European manufacturing. Chinese officials and automotive industry players are reported to be particularly interested in buying Volkswagen sites ...

It was just past 11 on a freezing December morning on the outskirts of Brussels, but already workers at the city's Audi factory were cracking open frosty cans of beer. They had just finished a long night shift - not on one of the production lines at a plant that has produced 8 million cars since 1949,

Volkswagen (VWAGY) and its Chinese partners have discussed the possibility of investing in plants in Germany, Reuters reports, citing comments

In the Philippines, Toyota accounts for 46.66 percent of new vehicles sold in 2024—up 9 percent versus 2023. It has managed to corner a 52.08 percent of the Passenger Car (PC) segment with 63,007 vehicles sold and 44.81 percent of the Commercial Vehicle (CV) segment with 155,012 vehicles sold.

Volkswagen pointed to a ‘challenging EV climate’ as the reason why its electric sedan will no longer come to the U.S. and Canada. Two years ago, Volkswagen debuted a prototype of its ID.7, the sixth model in its lineup of electric vehicles,