BEIJING -- Due to worsening economic conditions, FAW-Volkswagen Automotive Co. has postponed a plan to boost annual production capacity in Chengdu, China, to 350,000 units.
BEIJING -- Due to worsening economic conditions, FAW-Volkswagen Automotive Co. has postponed a plan to boost annual production capacity in Chengdu, China, to 350,000 units.
If Russia’s invasion of Ukraine was bad for the auto industry, that conflict might seem like a speed bump compared with the chaos unleashed by a Chinese invasion of Taiwan.