Shanghai (Gasgoo)- Audi has acquired 1% stake in SAIC-VW, according to Chen Hong, chairman of SAIC Group, who revealed the news on June 25 at SAIC Group's 2017 general shareholders' meeting.
In fact, SAIC-VW underwent equity structure change in June. Audi's acquisition of 1% stake in SAIC-VW means that SAIC-VW now can manufacture models which bear the trademark of SAIC-Audi.
After Audi's participation, now the state quo of SAIC-VW's equity is: SAIC Group holds 50% stakes in SAIC-VW, Volkswagen AG 38%, Volkswagen China 10%, Audi and Skoda hold 1% each.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: [email protected] Seller Service: [email protected]
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: khoahocxaydung.info.