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Reuters  /  March 1, 2017

Volkswagen is ready to consider a new truck partner in China, for example with FAW in addition to Sinotruk (aka CNHTC), as a way to push its expansion in China, trucks chief Andreas Renschler told Manager Magazin.

“We are thinking about how we can better establish ourselves in China,” said Renschler, adding that FAW is a strong player there.

Asked about VW’s existing alliance with Sinotruk, in which VW Truck & Bus’s MAN unit holds a 25.1 percent stake, Renschler said: “This partnership has existed for what seems like forever, with few ups and lots of downs.”

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