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
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: 24. July 2025