Dongfeng-PSA sales rise 37% in April on new modelsMay 21, 2013 08:49 CET  PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and Peugeot 3008 models.... Read More »
GM to rebadge Nissan's small commercial vans for Chevy 10:42 am U.S. ET | May 14, 2013  General Motors has turned to Nissan to put Chevrolet dealers into the small cargo van market. GM, in a statement today, said it will rebadge Nissan's new four-cylinder NV200 commercial van as the Chevrolet City Express in the fall of 2014.... Read More »
Faurecia, China's Changan form JV to make interior partsMay 1, 2013 13:28 CET Faurecia has formed a joint venture with China's Changan Automobile Group that will build two factories to produce instrument panels, door panels, consoles and other interior components.... Read More »
BMW's China JV will build EV under Zinoro brandApril 17, 2013 06:01 CET  BMW's Chinese joint venture with Brilliance Automotive will build an electric car to be marketed under the newly created Zinoro brand. The car will go on sale in the first quarter of 2014.... Read More »
VW-brand China sales rise 12.9% in MarchApril 10, 2013 14:11 CET  Volkswagen-brand sales in China increased 12.9 percent to 206,800 units in March, cementing China's status as the automaker's key growth market.... Read More »
PSA-Changan JV appoints new presidentFeb. 26, 2013 13:34 CET  Gilles Boussac is the new president of Changan PSA. For the past four years, Boussac has been an executive vice president at another PSA China joint venture, Dongfeng Peugeot Citroen Automobiles.... Read More »
Volvo, Geely will establish joint R&D center in SwedenFeb. 20, 2013 13:50 CET  Volvo and its Chinese parent Geely will set up a joint research and development center in Sweden to produce technology for new cars from both carmakers.... Read More »
GM planning deals in China to reach 5 million sales goal, report says 4:14 pm U.S. ET | Feb. 5, 2013  The Chinese auto industry is overdue for consolidation and General Motors, with local partner SAIC, is interested in acquiring ailing automakers, people familiar with the companies’ thinking told Bloomberg.... Read More »
Toyota, BMW to explore joint sports car project 12:01 am U.S. ET | Feb. 4, 2013  Toyota Motor Corp. and BMW AG have outlined specifics of their technical tie-up, saying they will begin a feasibility study to define a joint platform concept for a mid-sized sports vehicle. They aim to complete the study by year end.... Read More »
PSA-Dongfeng China JV aims for 14% sales growth in 2013Jan. 29, 2013 12:03 CET Dongfeng Peugeot Citroen, a 50-50 joint venture between PSA and Dongfeng in China, expects to increase sales 14 percent this year to 500,000 units as the company's third assembly plant launches production.... Read More »
GM replots emerging market strategy, hedges on China partner 9:09 am U.S. ET | Jan. 27, 2013  GM is reconsidering its emerging-market strategy, CEO Dan Akerson says, in remarks that could dent the global ambitions of its Chinese partner, SAIC Motor. GM has indicated for three years now that it would use SAIC, which produces affordable no-frills cars in joint ventures with GM, as its ideal partner to expand in emerging markets. But in recent months, GM has been looking to partner with Peugeot Citroen in Europe but also in Russia and Latin America.... Read More »
PSA-GM joint vehicle programs will use French carmaker's platformsJan. 24, 2013 12:12 CET  General Motors and PSA will build joint vehicle programs using underpinnings from the French automaker. The first vehicles from the tie-up are due in 2016.... Read More »
GM, Isuzu weigh joint development of new truck 2:40 pm U.S. ET | Jan. 9, 2013 General Motors and Isuzu Motors will discuss the possibility of jointly developing a next-generation pickup truck, GM said in a statement on today. The two automakers signed a memorandum of understanding to start negotiations, but GM declined to outline the timing of the talks or any other aspect of the potential deal.... Read More »
PSA-Dongfeng China JV sells 8% more cars in 2012Jan. 8, 2013 08:58 CET  PSA's joint venture with Dongfeng sold 440,000 cars in China in 2012, an 8 percent increase from the previous year, China's Xinhua news service reported. The venture produces the Citroen Elysee, C2, C4 and C5, plus the Peugeot 207, 307, 308, 408 and 508 models.... Read More »
Fiat-PSA will continue tie-up for vansDec. 24, 2012 06:01 CET  Fiat and PSA/Peugeot Citroen will continue their cooperation on light commercial vehicles despite PSA's alliance with General Motors.... Read More »
China's SAIC plans to build MG cars in Thailand with local partnerDec. 7, 2012 14:19 CET  China's SAIC plans to set up an assembly plant in Thailand with the local Charoen Pokphand Group to build MG cars for sale in Southeast Asia. The two companies will initially invest 1.8 billion yuan ($289 million) in the joint venture ahead of planned car sales in 2014.... Read More »
GM, Ford monthly sales rise in China on strong car demand 10:07 am U.S. ET | Dec. 6, 2012  General Motors and its joint ventures sold 260,018 vehicles in China in November, up 10 percent year-over-year, the company said in a statement today. It was GM's best November ever and second-best month all-time in China, its largest market.... Read More »
GM's Chinese joint venture to build $1 billion plant in Chongqing 9:24 am U.S. ET | Nov. 28, 2012  General Motors and its Chinese joint-venture partners said today they plan to build a $1 billion auto assembly plant in the city of Chongqing as part of its push to remain the leader in the world's largest auto market.... Read More »
GM may exit one of its venture unit's investments soon 12:51 pm U.S. ET | Nov. 15, 2012  General Motors may soon exit one of its venture capital unit's investments, either through an initial public offering or the acquisition of that company by another, the automaker's chief technology officer said.... Read More »
Ford creates minority-owned JV with Valeo in Detroit area 12:01 am U.S. ET | Nov. 13, 2012  In another minority supplier initiative created by Ford, V. Johnson Enterprises, an affiliate of former NBA star Vinnie Johnson's Piston Group, today said it was forming a joint venture with French supplier Valeo SA.... Read More »
Ford helps create minority-owned JV with Valeo in Detroit area 11:10 am U.S. ET | Oct. 29, 2012  In another minority supplier initiative created by Ford, V. Johnson Enterprises, an affiliate of former NBA star Vinnie Johnson's Piston Group, today said it was forming a joint venture with French supplier Valeo SA.... Read More »
Valeo JV will buy Ford's climate control businessOct. 29, 2012 13:43 CET Detroit Thermal Systems, a joint venture between French supplier Valeo and U.S.-based company V. Johnson Enterprises, will take control of Ford's climate control business after the U.S. automaker said it agreed to sell the unit for an undisclosed price.... Read More »
YANG JIAN China's painful JV addiction 12:01 am U.S. ET | Oct. 29, 2012  A former government minister got it right when he likened Chinese state-owned automakers' joint ventures with foreign companies to "opium." Joint ventures enable state-owned automakers to generate profits but have also made them lazy Yang Jian is managing editor of Automotive News China.... Read More »
Dongfeng, Getrag to form transmission JVOct. 26, 2012 10:46 CET German transmission manufacturer Getrag will establish a joint venture in China with Dongfeng Motor Corp. to supply the state-owned Chinese automaker.... Read More »
LUCA CIFERRI A merged Opel-PSA could be a catalyst for reform of Europe's auto industry 12:01 am U.S. ET | Oct. 15, 2012  General Motors and PSA are mulling a joint venture of Opel/Vauxhall and PSA's core auto manufacturing arm, according to media reports. If the plan goes ahead, it could be a catalyst for wide-reaching structural reform in Europe's ailing auto industry.... Read More »
|
