By David SachsVolkswagen shares rose Wednesday after a review of practices at a jointly owned site in China found no evidence of human-rights violations. The audit was commissioned by Volkswagen and performed by a Shenzhen law firm with Loehning, a German human-rights consultancy. It included document checks, staff interviews and inspections at a plant co-owned by Volkswagen and SAIC Motor in Xinjiang, Volkswagen said. The findings could open the door for investors who were previously unable to invest in Volkswagen, Citi analysts said in a note. Write to David Sachs at david.sachs@wsj.com(END) Dow Jones NewswiresDecember 06, 2023 06:51 ET (11:51 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal December 06, 2023 11:54 UTC