Production stagnation, Volkswagen plans to close the Nanjing factory by the end of this year? SAIC Volkswagen responds

Is production at the Nanjing factory stalled? According to sources cited by the German newspaper "Handelsblatt" on July 11, Volkswagen and its Chinese partner SAIC Group are planning to shut down the production line at the Nanjing factory, which will officially close at the end of this year. The report stated that this is the first time Volkswagen has completely shut down a car manufacturing factory in this important market of China. In response to the above news, when contacted by a reporter from the Global Times-Global Network, SAIC Volkswagen stated that production and sales at the Nanjing factory are currently operating normally and that the German media report is inaccurate.