Volkswagen & JAC EV cooperation (SOL) - China Car Forums
chinese cars - china car forums, chery, geely CCF - The Chinese Car Community China Car Forums - Zhonghua Junjie
Home :: Forums  :: Manufacturers :: Articles :: About Us :: Vendors :: Analysis Reports

Go Back   China Car Forums > Chinese Car Manufacturers > Jianghuai (JAC) is the premier Chinese Car Forum on the internet. Registered Users do not see the above ads.
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 06-07-2020, 11:32 AM   #11
Join Date: Nov 2019
Posts: 69
Default Re: Volkswagen & JAC EV cooperation (SOL)

I'm a bit confused about VW's Traton. After the dieselgate scandal I think they had the intention of selling the entire business, but they ended up floating about 10% of the company in an IPO, with the provision they could raise the percentage of outstanding share to 25%. Don't know if there was simply no buyer for the entire company at the time or if the strategy has been changed voluntarily.

As a matter of fact Traton owns about 15% of USA's Navistar Corporation and has recently offered to buy all remaining shares. Navistar, a truck builder of course, is active in China through a joint venture with JAC.

Now the limitations on foreign ownership of chinese truck manufacturers end somewhere this year, so I could see VW turn the JAC truck business into a Traton/Navistar operation and the JAC passenger car business into 'VW China' in a few years time.
Leo is offline   Reply With Quote
Sponsored Links

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 05:51 PM.

Powered by vBulletin® Copyright ©2000 - 2021, vBulletin Solutions, Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2021 DragonByte Technologies Ltd.