Volkswagen Anhui, 25% owned by JAC and 75% by VW, made a loss in 2024, resulting in a confirmed loss for JAC of about 1.4 billion yuan from its investment in the joint venture. The company also ...

BEIJING (Reuters) - Anhui Jianghuai Automobile Group (JAC) expects its 2024 results to show a loss, it said on Friday, citing the weak performance of its joint venture with Volkswagen. The Chinese ...