China's Volkswagen Group and SAIC Sign Import Import Agreement at the Seventh China International Automobile Purchasing Exhibition

SAIC-GM-Wuling Automobile Co., Ltd. has signed a memorandum of strategic cooperation agreement with the Volkswagen Group, marking an important milestone in the automotive sector.

Beginning in 2025, SAIC-GM-Wuling will import parts and Audi vehicles from the Volkswagen Group, further expanding its domestic production capabilities. This development comes as Volkswagen’s presence in China marks a significant milestone, having first entered the market in 1984 with a joint venture that has since grown into a powerful force.

Over the past four decades, SAIC-GM-Wuling has transformed from an initial joint venture to becoming one of the world's leading automakers. With three major brands and more than 30 models of gasoline-powered and new energy vehicles, SAIC-GM-Wuling has generated around 500,000 jobs, contributed significantly to government revenue exceeding 70 billion yuan ($10 billion USD), and established itself as a pioneer in Chinese automotive industry.

Faced with an increasingly intense competition within the automotive market, SAIC-GM-Wuling is accelerating its domestic development strategies while diversifying production processes. The company is actively seeking new sources of vitality through cutting-edge manufacturing practices, research innovation, smart logistics, and green growth.

Looking ahead, SAIC-GM-Wuling is poised to spearhead the industry's transition toward smart technology, electric vehicles, and hybrid powertrains. By embracing user-centric design principles, leveraging its German expertise in quality standards, and bolstering its domestic capabilities, SAIC-GM-Wuling will pioneer a path forward and cultivate new sources of vitality, opening up a new chapter in collaborative development and contributing to China's ambition to become an automotive powerhouse.

(Compiled by [Automotive Home]);