Volkswagen looks at sharing plants with Chinese rivals to offset slump
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Volkswagen Group is considering sharing production facilities with Chinese electric car companies to counteract a slump in car demand.
January 27, 2025 | 12:45 pm
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Volkswagen is exploring partnerships with Chinese electric car companies to share production facilities, aiming to mitigate declining car demand.
Volkswagen's strategy to share production facilities with Chinese rivals could lead to cost savings and increased efficiency, potentially boosting its market position in the electric vehicle sector.
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