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

Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( ...

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 ...