Joint Ventures

VW may raise stake in FAW Chinese joint venture

Aug. 1, 2014 12:15 CET
VW's CFO Hans Dieter Poetsch said the automaker's only likely acquisition is a possible increase of its stake in its FAW Chinese joint venture and not a takeover of Fiat or truckmaker Paccar....
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Germany's Rheinmetall forms new JV with China's Hasco

July 22, 2014 13:16 CET
Rheinmetall will shift a unit making aluminum engine blocks to a joint venture with China's Hasco to help finance growth at its automotive business, the German company said....
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Beijing Hyundai, Dongfeng Citroen tie for top score in China satisfaction survey

July 18, 2014 06:01 CET
Beijing Hyundai and Dongfeng Citroen topped mass-market brands in a J.D. Power survey of Chinese consumers' satisfaction with the car-buying experience. The joint ventures scored significantly higher than other mass-market brands....
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YANG JIAN

Will global automakers drop Chinese partners?

7:32 am U.S. ET | June 30, 2014
China may relax its 50 percent ceiling on foreign automakers' ownership of joint ventures, but this may not lead to Western companies ditching their local partners if recent moves by BMW and VW are anything to go by....
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JANG JIAN

Will global automakers drop Chinese partners?

12:01 am U.S. ET | June 30, 2014
Will global automakers ditch their Chinese partners if government regulations are relaxed and they are allowed to? If BMW accurately reflects the sentiments of global automakers, the answer is no....
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SAIC chairman pledges to boost brand in China, invest in Silicon Valley

11:30 am U.S. ET | June 19, 2014
SAIC, the Chinese manufacturing partner of GM and VW, plans to to increase spending to build up its own car brands while it contemplates investing in a venture capital unit in Silicon Valley....
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Hella forms lighting JV in China with BAIC

May 19, 2014 11:16 CET
German supplier Hella and state-owned Chinese automaker Beijing Auto have agreed to establish a 50-50 joint venture to produce lighting in Beijing....
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Magna denies being asked by Canada to end Russia JV

May 14, 2014 10:54 CET
Magna International CEO Donald Walker says he hasn't been asked to end a Russian joint venture amid mounting tension over Ukraine even as an executive from partner Avtotor cited pressure from Canada to do so....
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BMW says legal hurdles prevent bigger Brilliance JV stake in China

May 9, 2014 10:44 CET
BMW says legal barriers prevent it from increasing its stake in a Chinese joint venture with Brilliance, even as rival Daimler appears to have found a loophole in the market's strict ownership rules....
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Siemens, BAIC to jointly build parts for green vehicles in China

April 23, 2014 06:01 CET
Germany's Siemens and state-owned Chinese automaker Beijing Automotive will form a joint venture to produce motors and inverters for hybrid and full-electric vehicles....
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Daimler will receive 2.43 billion euros for stake in engine JV from Rolls-Royce

April 16, 2014 12:40 CET
Daimler will receive 2.43 billion euros ($3.36 billion) for its 50 percent stake in an engine joint venture from partner Rolls-Royce Holdings Plc....
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Daimler to sell 50% stake in engines JV to partner Rolls-Royce holdings

March 10, 2014 13:07 CET
Daimler will sell its 50 percent stake in an engines joint venture to partner Rolls-Royce Holdings to invest in its automotive and truck businesses....
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EcoMotors forms second China joint venture

8:54 pm U.S. ET | March 4, 2014
EcoMotors, a Michigan-based engine maker backed by Microsoft Corp. founder Bill Gates and venture capitalist Vinod Khosla, has formed a joint venture in China with a subsidiary of First Auto Works....
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Daimler battery-unit savings push threatens Evonik JV

Feb. 25, 2014 10:23 CET
Daimler is seeking savings at its Li-Tec battery joint venture with Evonik, which the chemical maker says is leading to uncertainty about the future of the cooperation....
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China will ease limits on foreign stake in JVs

1:48 pm U.S. ET | Feb. 20, 2014
China's Ministry of Industry and Information Technology wants to loosen ownership restrictions on foreign automakers' joint ventures despite strong opposition from state-owned auto companies....
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PSA recalls 9,285 cars in China on brake issue

Feb. 14, 2014 10:48 CET
PSA's China joint venture with Dongfeng Motor will recall 9,285 cars due to contaminated brake fluid, China's quality watchdog said....
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PSA mulls new plant in China with Dongfeng

Jan. 17, 2014 10:16 CET
PSA is considering building a fourth car plant in China with its local joint venture partner, Dongfeng, to meet rising demand. PSA said it is in discussions with Dongfeng to raise the joint venture's production capacity as part of the automaker's plans to boost sales in the country....
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Infiniti working with Daimler on platform for four models

Jan. 15, 2014 06:01 CET
Nissan's Infiniti brand is developing a new platform with Daimler that will spawn four models including a crossover vehicle....
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Infiniti working with Daimler on platform for four models

3:33 pm U.S. ET | Jan. 14, 2014
NIssan's luxury Infiniti brand is developing a new platform with Daimler AG that will spawn four models including a crossover vehicle, the unit’s president said....
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Latecomer Ford pushes past Toyota in China

12:01 am U.S. ET | Jan. 13, 2014
Ford is often referred to as a laggard in China, but try telling that to Toyota....
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BMW, Toyota agree on joint sportscar platform, report says

Dec. 30, 2013 16:15 CET
BMW and Toyota have agreed to develop a joint platform for sportscars, BMW's development chief Herbert Diess told a German newspaper....
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BMW, Toyota agree on joint sportscar platform, report says

10:15 am U.S. ET | Dec. 30, 2013
BMW and Toyota have agreed to develop a joint platform for sportscars, BMW's development chief Herbert Diess told a German newspaper....
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Renault will build SUVs in China with Dongfeng

Dec. 16, 2013 09:19 CET
Renault will build SUVs at its joint venture factory with Dongfeng as it targets to sell locally made vehicles in China by 2016....
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Renault will build SUVs in China with Dongfeng

3:19 am U.S. ET | Dec. 16, 2013
Renault will build SUVs at its joint venture factory with Dongfeng as it targets to sell locally made vehicles in China by 2016....
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Renault-Dongfeng joint venture approved by China regulator

Dec. 5, 2013 09:53 CET
Renault said China's top economic planner has approved a joint venture between the automaker and Dongfeng to build and sell cars in China. The new venture plans to build 150,000 vehicles a year....
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