Joint VenturesLUCA 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  GM 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 »
Reports: GM, PSA ponder a deeper tie-up 12:01 am U.S. ET | Oct. 15, 2012  General Motors and PSA Peugeot Citroen are exploring ways to combine their European operations in a second phase of the alliance they forged earlier this year, sources said.... Read More »
GM mulls merging Opel with PSA's auto division, sources sayOct. 12, 2012 16:40 CET  General Motors and PSA/Peugeot-Citroen are exploring ways to combine their European operations. One option is for GM's Opel/Vauxhall unit to merge with PSA's automotive operations, sources said.... Read More »
GM, Peugeot mull European joint venture 10:40 am U.S. ET | Oct. 12, 2012  GM and PSA/Peugeot-Citroen are exploring ways to combine their European operations in a second phase of the alliance they forged earlier this year, sources said. One option is for GM's Opel/Vauxhall unit to merge with PSA's automotive operations in a joint venture, Reuters and the French newspaper La Tribune reported, citing sources who asked not be identified because the discussions are confidential.... Read More »
2012 PARIS AUTO SHOW Daimler, Renault-Nissan to develop engine, transmission technology 9:39 am U.S. ET | Sept. 28, 2012  Daimler and Renault-Nissan will jointly develop a turbocharged, direct-injection gasoline engine and will share transmission technology as the two companies expand their collaboration.... Read More »
GM-PSA talks slow while economy worsens, report saysSept. 26, 2012 19:05 CET  General Motors and PSA/Peugeot-Citroen's efforts to deepen their alliance have slowed recently amid a worsening European auto market and complicated regulatory review, people familiar with the matter told Bloomberg.... Read More »
GM-Peugeot talks slow while economy worsens, report says 1:05 pm U.S. ET | Sept. 26, 2012  General Motors and PSA Peugeot Citroen's efforts to deepen their alliance have slowed recently amid a worsening European auto market and complicated regulatory review, people familiar with the matter told Bloomberg.... Read More »
Ford, Mazda will end their China partnership 12:01 am U.S. ET | Sept. 17, 2012  Another chapter is coming to a close in the long-standing Ford-Mazda partnership. And this time, it's good for both. The Chinese government has finally granted initial approval for the companies to break up and reform their unwieldy three-way joint venture with China's Changan Automobile Co.... Read More »
Germany's ContiTech supplies seat material to GM's microvan ventureSept. 12, 2012 11:42 CET ContiTech, a division of the German supplier Continental AG, said it has started supplying interior trim material to SAIC-GM-Wuling Automobile Co., General Motors' microvan joint venture in China.... Read More »
Spyker, Youngman announce plans to produce Saab-based cars, luxury SUVAug. 27, 2012 11:20 CET  Dutch supercar maker Spyker says it will form two joint ventures with China's Youngman to produce Saab-based vehicles and a luxury SUV under the terms of a framework agreement that will give Youngman a 29.9 percent share in Spyker.... Read More »
Ford's bid to end partnership with Mazda in China gets approved 9:38 am U.S. ET | Aug. 27, 2012  Ford said it received approval from China's top economic planner to split its venture in China with Mazda, paving the way for the American automaker to increase control of its expansion in the country.... Read More »
Chinese tie-ups fail to build stronger local car brandsAug. 24, 2012 06:01 CET  Three decades after China implemented rules requiring foreign automakers to form joint ventures with domestic manufacturers to build cars in the country, the strategy appears to be failing in one of its key goals. While the policy has attracted investment and created millions of jobs, it has done little to help the Chinese build strong brands.... Read More »
Ford to enter China heavy-truck market with acquisition 11:19 am U.S. ET | Aug. 8, 2012  Ford's Chinese commercial vehicle unit agreed to buy a heavy-truck maker for as much as 270 million yuan ($42 million), as the U.S. automaker expands beyond passenger cars in the world's largest auto market.... Read More »
BMW will double engine production in China by 2015Aug. 8, 2012 13:57 CET  BMW's joint venture with China's Brilliance plans to double its annual engine output to 400,000 units by 2015. The partnership last week unveiled plans to build its second engine plant next year in the northeast China city of Shenyang.... Read More »
GM invests in 'game-changer' lightweight steelmaker 10:04 am U.S. ET | Aug. 6, 2012  GM is investing in a company that has designed a new type of lightweight, high-strength steel that could help the automaker significantly improve the fuel economy of its future cars and trucks.... Read More »
GM unlikely to share Volt's green tech with Peugeot 10:16 am U.S. ET | July 12, 2012  Cutting-edge technology in greener cars like General Motors' Chevy Volt and PSA Peugeot Citroen's 3008 HYbrid4 is unlikely to be shared in the alliance between the two firms, an executive from GM's Opel unit said today.... Read More »
IAC opens joint venture carpet plant in China 4:00 pm U.S. ET | July 10, 2012 International Automotive Components Group, a global supplier of automotive interior components, says it has opened a plant in Shenyang, China. The factory, IAC's ninth in the country, is a part of IAC Songjiang, a joint venture with Shanghai Car Carpet Plant.... Read More »
Volkswagen mulls new assembly plant in central ChinaJuly 10, 2012 09:09 CET  Volkswagen's joint venture with FAW plans to build an assembly plant in the central China city of Wuhan, according to local media. The partners currently operate 3 factories in eastern China with a further assembly plant planned in the south China city of Foshan.... Read More »
PSA begins full-scale Russian production of Peugeot 408July 6, 2012 06:01 CET  PSA has begun full-scale production of the Peugeot 408 sedan in Kaluga, Russia, at its joint venture with Mitsubishi as it seeks to meet local demand in one of its fastest-growing overseas markets.... Read More »
GM signs European logistics deal with Peugeot unit 8:31 am U.S. ET | July 2, 2012 General Motors today signed a deal to transfer the bulk of its European logistics operations to a unit of France's PSA Peugeot Citroen starting next year in order to focus on its core car business, the two carmakers said in a joint statement.... Read More »
NEWS ANALYSIS The BMW-Toyota sports car? Possibilities are intriguingJuly 2, 2012 06:01 CET  The sports car that BMW and Toyota plan to jointly develop could be a way for Toyota to leap back into a performance segment it has abandoned or possibly provide a high-priced sports model for Toyota's Lexus brand.... Read More »
NEWS ANALYSIS The BMW-Toyota sports car? Possibilities are intriguing 12:01 am U.S. ET | July 2, 2012  The sports car that BMW and Toyota plan to jointly develop could be a way for Toyota to leap back into a performance segment it has abandoned or possibly provide a high-priced sports model for Toyota's Lexus brand.... Read More »
Chinese automaker SAIC opens N.A. office in Michigan 9:42 am U.S. ET | June 28, 2012  SAIC, China’s largest automaker and a key local joint venture partner of General Motors, opened a North American office in Michigan on June 12 as it deepens its roots in the United States.... Read More »
BMW ends talks with GM to cooperate on fuel cells 7:53 am U.S. ET | June 27, 2012  BMW has ended talks with General Motors to cooperate on fuel cells to power future vehicles, with the world's largest maker of luxury autos poised to expand its partnership with Toyota. “We are still talking to GM, but no longer on the topic of fuel cells,” Alexander Bilgeri, a spokesman for BMW AG, said today by phone.... Read More »
Faurecia, Rush joint venture names top executives 4:52 pm U.S. ET | June 26, 2012  Detroit Manufacturing Systems today announced its top executives as the auto supplier prepares to begin manufacturing this year. DMS, a joint venture between Rush Group and the North American subsidiary of French component supplier Faurecia SA, officially named Rush Group CEO Andra Rush its president and CEO.... Read More »
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 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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