Transportation
Volkswagen Sells Xinjiang Sites to Exit Controversial Region
- China accused of forced labor of Uyghurs, Muslim minorities
- VW extends partnership with SAIC by a decade to 2040
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Volkswagen AG will end its activities in Xinjiang, bowing to pressure from investors concerned about possible human-rights abuses in the western Chinese region.
The German carmaker’s local venture with SAIC Motor Corp. will sell a small plant in Urumqi to a unit of state-owned Shanghai Lingang Economic Development, VW said Wednesday. The manufacturer will also extend its partnership with SAIC by a decade to 2040.