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joint venture

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    Report: Will global automakers drop local JV partners if China's government says they can?
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    Chinese economic policies could be in for a big change, as President Xi Jinping pushes the communist country to open its domestic markets even further. That could mean big things for the auto industry, especially when it comes to the country's far-reaching joint-venture system. According to ...

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    Official: Mercedes and Infiniti confirm joint production in Mexico [w/video]
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    It's official, folks: After initial reports last week indicated that Mercedes-Benz was preparing to begin assembly at the Nissan plant in Aguascalientes, Mexico, the two parent companies have announced just that. Only instead of using the existing Nissan plant at the site (in operation since ...

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    Report: Daimler and Nissan venture to build cars in Mexico
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    Nissan and Daimler have been partnering ever closer for years, and now an unnamed source has told Reuters that the automakers have agreed to a 50-50 joint venture in Mexico that would build Infiniti and Mercedes-Benz models. Given that the rumors about just such a deal go back nearly six months ...

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    Report: Geely to release models developed with Volvo in 2015
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    Geely and Volvo will finally team up for a jointly developed vehicle, more than three years after the safety-minded Swedish brand was gobbled up by Geely's parent company, according to a report in Automotive News Europe. The story quotes Geely's CEO, Gui Sheng Yue saying, "We have entered into ...

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    Official: Aston Martin signs Letter of Intent for technical partnership with AMG
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    A little over two months ago came reports that Daimler and Aston Martin were in talks, again, about "supply and technical-cooperation agreements." The next step has been taken with Aston Martin announcing that it has signed a Letter of Intent that looks "towards a technical partnership" with ...

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    Rumormill: Mercedes mulling Renault-based entry-level X-Class?
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    Somewhere in between the Smart brand and the all-new A-Class (pictured above), Daimler is said to be readying a smaller entry-level product for the Mercedes-Benz brand to compete with models like the Audi A1. According to AutoBild, Mercedes-Benz will get a new hatchback based on a platform from ...

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    Report: Toyota close to licensing deal with BMW for fuel cell technology
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    For over a year now, we've been hearing about a potential partnership between Toyota and BMW on everything from sports cars to lithium-ion batteries, but one of the first cooperative projects between these two automakers could bring Toyota's hydrogen fuel cell technology to a BMW vehicle. Reuters ...

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    Official: GM, PSA scrap large car program, move forward with small engine development
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    The partnership between General Motors and PSA Peugeot-Citroën isn't expected to produce any results until 2016, but it has created plenty of news (and speculation) since it was formed back in February. Now, GM is laying out some of the specifics of the deal while Automotive News Europe is ...

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    Report: Jaguar Land Rover and Chery investing in Chinese plant
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    While the European auto market for Jaguar and Land Rover is waning, Chinese car buyers can't get enough of the British marques. To meet that demand, Tata Motors, parent company of Jag and Land Rover, is partnering with Chinese automaker Chery Automobile Co. The two announced plans to invest ...

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    Report: BMW, Toyota mulling expansive partnership
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    In December of 2011, BMW and Toyota signed an agreement to collaborate on lithium-ion battery development, and the deal included a provision where BMW would small-displacement diesel engines for Toyota products sold in Europe. It was brought up at the time that the partnership could expand ...

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    Report: Chinese-market Land Rover Freelander and Range Rover Evoque to use Chery engines?
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    A couple of developments on the recent Jaguar/Land Rover joint venture are being reported in Chinese media based on a report in China's Economic Daily News. The 130,000-capacity factory planned for Jiangsu is epected to mint its first vehicle in 2014, with numbers given for the breakdown so far ...

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    Report: Chery requests Chinese approval of $1.9B joint venture with Jaguar Land Rover
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    A month ago, Jaguar Land Rover signed a joint-venture agreement with China's Chery Automobile Company. JLR's 12.1 billion yuan ($1.9 billion U.S.) investment, if approved, will pay for a plant in Changsu to build Jaguars, Land Rovers, engines and joint-venture models. The facility will also house ...

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    Report: Jaguar Land Rover inks joint venture with China's Chery
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    Jaguar Land Rover and Chinese automaker Chery Automobile Company have filed paperwork to enter into a joint venture. Under the agreement, the two Tata Motors properties will manufacture both Jag and Land Rover vehicles and engines, as well as a new line of vehicles developed with Chery. The joint ...

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    Report: GM, Peugeot in "advanced alliance talks"
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    Automotive News is reporting that stories in two other papers, France's La Tribune and England's The Financial Times, assert that General Motors and PSA Peugeot Citroën are "in advanced talks about an alliance." Neither maker would comment on the stories, but it has been well documented that ...

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    Report: Volvo looking for small car partner
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    There are drawbacks to being the property of a larger conglomerate, to be sure, but there are also benefits. Taking advantage of group buying power, shared developments costs and synergies with products from other divisions, for instance. And these are things that, since splitting off from Ford a ...

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    Report: Chery to (finally) invade Europe after 2015
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    Chinese automakers have had a heck of a time trying to crack the crowded European vehicle market, but Chery is hoping to change that in a few years. Automotive News reports that Chery is hoping to take up shop in Europe sometime after 2015. Chery Deputy General Manager Lu Jianhui reportedly ...

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    Official: CPP-Zagato partnership announcement stops short of full acquisition
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    Just a few weeks ago, we brought you a report that suggested that CPP had acquired Zagato. The British coachbuilder owned by Vladimir Antonov has gone on a spending spree of late, acquiring Spyker and Land Rover racing specialist Bowler, so the acquisition of the Italian design house would seem ...

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    Report: Mazda to abandon MI joint-venture plant with Ford
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    AutoAlliance International is located in Flat Rock, Michigan, and the factory serves as a joint-venture assembly plant for Ford and Mazda. The Blue Oval builds the Mustang, while its Japanese partner churns out the Mazda6. There seems to be a problem, though – at least on Mazda's end of ...

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    Fiat taking Chrysler production back to China within four years
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    As recently as two years ago Chrysler and Chery were more than cozy and working on Chinese-market products that would eventually make their way this way. Nothing ultimately came of it, but Chrysler hasn't given up on the Chinese dream. Or more accurately, Fiat hasn't given up on the Chinese dream ...

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    Zetsche reportedly says Daimler to pick new compact car partner by mid-2010
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    Despite rumors of Daimler and Renault collaborating on a four-door Smart model, no official tie-up between the two companies has been announced. That could change next year when Daimler will reportedly decide who its small-car partner will be. Daimler is getting even more heavily into the ...

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