Partnerships

Schaeffler to expand cooperation with Continental

March 21, 2014 12:16 CET
Schaeffler says it will streamline its operations and widen cooperation with fellow German supplier Continental....
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BRUCE GAIN

Renault to gain most from closer ties with Nissan

12:01 am U.S. ET | March 20, 2014
Renault stands to benefit the most from deeper ties with alliance partner Nissan, industry watchers believe....
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Magna forms Chinese joint venture to produce front-end modules

Feb. 18, 2014 12:47 CET
Magna has created a joint venture with Chongqing Guangneng Rongneng Trim to produce front-end modules for automakers in China....
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Dongfeng confirms talks with PSA but says no deal reached

Feb. 10, 2014 10:47 CET
Dongfeng confirmed that it had held talks with PSA about a potential investment in the French carmaker, but said no agreement had yet been reached between the two groups....
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Daimler is open to further Renault-Nissan cooperation; projects with Tesla

Jan. 31, 2014 10:23 CET
Daimler is open to broadening its cooperation with partners Renault and Nissan to include other car segments and to new projects with Tesla, CEO Dieter Zetsche said....
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GM to sell PSA stake

Dec. 12, 2013 18:35 CET
GM is selling its entire 7 percent stake in PSA while scaling back efforts to jointly develop vehicles with the French automaker. GM said it will sell its 24.8 million shares through a private placement to institutional investors. GM acquired the shares in February 2012 for about $400 million....
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Opel, PSA end plans for shared subcompact platform

Dec. 12, 2013 11:06 CET
GM's Opel unit and partner PSA said they are abandoning plans to co-develop a common platform for subcompact cars....
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GM to unload 7% stake in French automaker PSA Peugeot

12:35 pm U.S. ET | Dec. 12, 2013
GM is selling its entire stake in PSA Peugeot Citroen while scaling back efforts to jointly develop vehicles with the French automaker. GM said it will sell its 7 percent stake, or 24.8 million shares, through a private placement to institutional investors. GM acquired the shares in February 2012 for about $400 million....
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GM wins conquests through Costco

12:01 am U.S. ET | Dec. 7, 2013
A promotion between General Motors and Costco's auto sales arm has the warehouse club's members kicking the tires on GM's full-sized pickups far more than in the past....
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BMW and PSA will review engine alliance next year, Reithofer tells paper

Dec. 2, 2013 10:32 CET
BMW and PSA/Peugeot-Citroen will review their partnership on small gasoline engines next September, BMW CEO Norbert Reithofer told a French newspaper....
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