VW and Stellantis
The End of Joint Venture Romance

From Henrik Bork | Translated by AI 5 min Reading Time

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VW Closes Its First Plant in China, Stellantis Files for Bankruptcy for GAC-FCA. After decades of success, Western automakers are restructuring their business in China. Is it still in time?

The VW Passat was produced for the Chinese market at the plant in Nanjing for a long time.  (Image:  VW)
The VW Passat was produced for the Chinese market at the plant in Nanjing for a long time.
(Image: VW)

Volkswagen's electrification strategy is showing progress almost everywhere in the world, with electric vehicle sales on the rise. However, the Wolfsburg-based company has yet to expand this success in China, where the situation continues to decline.