VW earmarks $11.8 billion to develop, build China EVsNov. 16
VW delays bid to boost Audi's China sales with SAIC dealJan. 18
VW Group says it will not produce or sell any Audi cars with SAIC in China until at least 2018, seeking first to strengthen ties with existing Audi partner FAW. A partnership with SAIC, China's largest automaker, could boost Audi's slowing sales as rival Mercedes makes ground in the market.