Despite a decline in sales amidst rising competition from Chinese firms, the automaker has faced opposition from unions in its bid to shut down several plants. However, agreements have been ...
Chinese brands are reportedly interested in VW’s cast-off plants in Europe. VW wants to shutter two sites to improve profits harmed in part by a downturn in China. Adapting an existing plant ...
Many Chinese carmakers believe that winning over Germany's demanding consumers is a key marker of success, they added. Selling factories could be cheaper for VW than closing plants, said a banker ...
Europe’s biggest automaker, which owns brands including Porsche, Audi and Skoda, has suffered a fall in sales in the face of rising competition from Chinese companies. VW executives wanted to close ...
Cola a popular beverage among China younger generation has gained a new gentle and lasting herbal flavor thanks to the consistent innovation effort ...
PPC has entered into a memorandum of agreement for the construction of a new R3 billion state-of-the-art integrated cement plant in the Western Cape with the Chinese-based Sinoma Overseas ...