Volkswagen Denies BYD Rumors as “Glass Factory” Shuts Down
7 Articles
7 Articles
A report from China makes a stir: VW negotiates with BYD on the acquisition of a production site in Germany. Volkswagen reacts.
The Volkswagen Group has come up with information that pointed to a supposed interest of BYD to take over the iconic Gläserne Manufaktur of Dresden. In a brief but forceful statement, the German company has rejected these claims: "We firmly reject these speculations," said a spokesman for the subsidiary in Saxony. An iconic factory without production The glass factory is not sold. The Gläserne Manufaktur was for years a Volkswagen technology sho…
In order to circumvent the newly voted European surtaxes, it is imperative to assemble the vehicles directly with us. It is in this particularly tense climate that the historic production sites, sometimes put under cocoon by our own brands during their difficult social plans, become highly desirable targets. The industrialists of the Middle Empire travel our regions with an open cheque book. Dresden, the fantasy of a local label The spark came f…
According to Chinese media, BYD is supposed to be interested in the Glass Manufactory in Dresden.
The Chinese brands are interested in the VW Crystal Factory in Dresden, and BYD sounds strong. Volkswagen’s CEO recently opened the door to the possibility of Chinese brands taking over some of their underutilized factories. However, in the face of the first rumor, the Germans have come out and answered. Volkswagen Group is in the middle of restructuring. It is undeniable and its own managers recognize. To combat the reduction of costs and the p…
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