Top 10 game-changing auto industry events in 2016

China Daily/chinadaily.com.cn | 2017-01-10 06:30

Audi AG partnership spurs dealers' dispute

Top 10 game-changing auto industry events in 2016

People look at Audi cars on display at a mall in Singapore April 28, 2016. [Photo/Agencies]

German carmaker Audi AG signed a deal on Nov 11 to produce and sell cars with China's SAIC Motor, angering dealers of its joint venture with FAW, fearing for their business interests. The dealers, who were not informed of the cooperation in advance, even threatened to stop taking in cars if Audi could not give them a satisfactory answer on how to protect their profits.

After several rounds of lengthy and difficult negotiations, Audi finally agreed to suspend talks with SAIC about building a new sales network until the current dealers see stable profitability. Yet their talks on providing Audi cars continue and the first Audi model to be produced at SAIC Volkswagen is scheduled to be showcased in April.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US