Audi Reaches Agreement Resolving Dispute With Dealers in China
- Audi models from SAIC collaboration to go through same network
- Dealers’ group says members to be compensated for 2016 losses
This article is for subscribers only.
Audi and its dealers in China have reached an agreement on how cars produced with SAIC Motor Corp. will be sold in the country.
The deal, announced Saturday in a press statement, ends months of tension after Audi-parent Volkswagen AG set out plans in November to produce cars with SAIC. Previously, the German company had made Audis in China exclusively with China FAW Group Corp. Dealers expressed concern that the arrangement with Shanghai-based SAIC could have added more distributors and depressed their profits.