Joint Ventures

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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Ryan Hunter-Reay races to Indy 500 winner’s circle

Ryan Hunter-Reay races to Indy 500 winner’s circle

BorgWarner’s video montage highlighting 2014 Indianapolis 500 winner Ryan Hunter-Reay. Thu., January 15
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