German carmaker Audi and China's SAIC Motor on Thursday launched a new research and development (R&D) joint venture in Shanghai, deepening Audi's development capability in the Chinese market.

Audi has apparently decided to reorganize its central partnerships in China. According to Chinese media, the joint venture with SAIC will in the future focus

German carmaker Audi and China's SAIC Motor on Thursday launched a new research and development (R&D) joint venture in Shanghai, deepening Audi's development capability in the…