The Chinese joint ventures of Volkswagen and General Motors with local vehicle manufacturer SAIC Motor are reportedly in trouble over their roles in obtaining government vehicle subsidies. The JV companies, Shanghai Volkswagen and Shanghai GM, have been implicated in illegally obtaining government funds meant for approved energy-efficient vehicles. A China Subscribe to Automotive World to … Continued
The Chinese joint ventures of Volkswagen and General Motors with local vehicle manufacturer SAIC Motor are reportedly in trouble over their roles in obtaining government vehicle subsidies. The JV companies, Shanghai Volkswagen and Shanghai GM, have been implicated in illegally obtaining government funds meant for approved energy-efficient vehicles. A China
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/vw-gms-chinese-jvs-with-saic-motor-in-trouble-over-govt-subsidies/
Join our LinkedIn Group
Let us help you understand the future of mobility