BEIJING (Reuters) - Anhui Jianghuai Automobile Group (JAC) expects its 2024 results to show a loss, it said on Friday, citing the weak performance of its joint venture with Volkswagen. The Chinese ...

BEIJING (Reuters) - Anhui Jianghuai Automobile Group (JAC) expects last year's results to show a loss, it said on Friday, citing the performance of its joint venture with Volkswagen. The Chinese ...

Volkswagen Anhui, 25% owned by JAC and 75% by VW, made a loss in 2024, resulting in a confirmed loss for JAC of about 1.4 billion yuan from its investment in the joint venture. The company also ...

When Volkswagen introduced the Atlas in 2016 it was a lightning-in-a-bottle moment: Buyers loved this sharp Euro-styled SUV with a classic boxy aesthetic in a sleek three-row SUV. Everything was ...

BIG RAPIDS, Mich. — Thursday night, the Mecosta County Board of Commissioners held their first meeting since deciding to no longer support the proposed Gotion Electric Vehicle Battery Plant.

On Jan. 2, the Mecosta County Board of Commissioners voted to rescind their support for the Gotion EV Battery Plant. Hamas frees three Israeli hostages in latest Gaza ceasefire prisoner exchange ...

“It’s condescending, it’s been a hell of an experience.” JAC Homes has gone into liquidation. First-home Ahmed Tayba has been left with a $50,000 repair bill for defects in his house built ...

Car giant Volkswagen to wind down production at two factories China could buy factories for foothold in Germany, says source Volkswagen open to selling to China buyer, says source FRANKFURT/BERLIN ...

BIG RAPIDS — Gotion Inc. North American Manufacturing’s progress in occupying the former JCPenney building, 125 S. Michigan Ave., Big Rapids, has been temporarily slowed due to ongoing litigation. The ...

The other companies that received billion-dollar offers are Micron Technologies, Volkswagen AG ... Battery parts manufacturer Gotion announced in October 2022 that it was planning a $2.4 billion ...

Transform Manteno LLC, which is the Gotion lithium battery manufacturer, and the Village of Manteno. During the hearing, Circuit Judge Lindsay Parkhurst continued the case for 90 days to give both ...

Copyright 2025 The Associated Press. All Rights Reserved. A VW van sits among burned out homes, Jan. 9, 2025, in Malibu, Calif. (AP Photo/Mark J. Terrill) This photo ...