Automakers

VW's China plan with JAC sparks tensions with other partners, report says

VW China
(Sun Yilei/REUTERS)
R
By:
Reuters
September 13, 2021 11:20 AM

BEIJING -- Volkswagen Group is in talks to tighten its grip on a majority owned joint venture in China with JAC, sparking tensions with the automaker's other Chinese partners, SAIC Motor and FAW, which fear they could be sidelined, sources familiar with the matter said.

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