The Latest

• June 01, 2020

  By Charleston Lim

  Volkswagen Injects $2.2 Billion Into Chinese Joint Ventures

  Volkswagen will use the funds to increase its stake in its JAC Volkwagen joint venture from 50 percent to 75 percent, while also purchasing a 50 percent stake in state-owned company JAG.

  

  Volkswagen will use the funds to increase its stake in its JAC Volkwagen joint venture from 50 percent to 75 percent, while also purchasing a 50 percent stake in state-owned company JAG.