By bno - Taipei Bureau Volkswagen is considering allowing Chinese carmakers to take over its surplus production lines in Europe as it faces declining demand and increasing competition from the same companies looking to expand their presence in the region.

Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.

Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer. The two companies are working on new architecture that will underpin VW’s Chinese EVs. The first models should hit the market in 2026, and at least one will be an SUV.

Watch this explainer from Wendover Productions to dig into just how BYD became the behemoth it is, and how Volkswagen rested on its laurels a bit too long. VW was the first foreign automaker to produce vehicles in China way back in 1983 and it has long billed China as its biggest and most reliable market, but that era is over. BYD killed it.

Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese EV makers.

Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.

The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology Company, Volkswagen's software unit CARIAD and XPENG. The CEA will develop a highly modern and cost-efficient electrical architecture that will be used in their vehicles from 2026.

Chinese partners and their interest in Europe Volkswagen works closely with three partners in China - SAIC, FAW and JAC - in addition to its stake in start-up Xpeng. At present, none of those ...

All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The Audi Q5 is built in Mexico, while Porsche EV models are produced in Europe.

Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( NYSE: XPEV) the possibility of the companies investing in plants in Germany, according to Chief Executive Oliver Blume.

US President Donald Trump is planning to slap 25% tariffs on goods from Canada and Mexico on Saturday. Now comes the guessing game on how they will affect the global stock market.

In the Philippines, Toyota accounts for 46.66 percent of new vehicles sold in 2024—up 9 percent versus 2023. It has managed to corner a 52.08 percent of the Passenger Car (PC) segment with 63,007 vehicles sold and 44.81 percent of the Commercial Vehicle (CV) segment with 155,012 vehicles sold.