joint-venture

According to Germany's Manager-Magazin, Mercedes-Benz has approached Renault about cooperating in the development of a new small car. Although conversations have just started, it seems that Smart could once again have a four-seat car in its lineup. This would be the second attempt to develop such a ...

General Motors has reduced its stake in Suzuki Motor Corporation from 20.4-percent to just 3.0-percent, all but severing 25-year-old ties with the Japanese automaker. The cash freed up by selling 92.36 million shares (about 17.4-percent of Suzuki’s outstanding stock) should give the General ...