German Auto

SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation.

Due to a software issue, the ESP internal monitoring program in the vehicles covered by this recall may incorrectly determine a malfunction at the start of the driving cycle.

The Smart #1 will also be available in Italy, the Netherlands, and Portugal, and the Smart #3 will be officially launched and deliveries will begin in Europe early next year.

Tianqi has acquired a 2.83 percent stake in Smart, giving the Mercedes-Geely JV a valuation of $5.3 billion.

Buying a BEV platform in China could be one of the "big bangs" needed for Volkswagen stock to break out of what can by now only be characterized as being largely ignored by many of the largest asset managers globally, Deutsche Bank said.

Audi seeks to take over the EV platform owned by IM Motors, with talks in an advanced stage, according to a Reuters report.

Audi is considering buying a platform from a competitor for the first time in China to shorten the development time of its models, according to German media outlet Automobilwoche.

SAIC-Volkswagen is offering discounts of up to RMB 42,000 for the ID.3, while FAW-Volkswagen's ID.6 CROZZ is priced at RMB 63,000 less than its website shows.

Volkswagen China and FAW-Volkswagen plan to jointly invest about 800 million yuan in charging station operator CAMS to accelerate the deployment of charging network in China.

The recall involves the locally produced i3 and iX3, as well as the imported i4, i7 and iX EVs.