Joint Ventures

Shanghai GM contacted by regulators as rivals pressured to cut prices

7:08 am U.S. ET | Aug. 12, 2014

General Motors said its joint venture in China was contacted by the nation’s antitrust regulator amid an industry investigation that has seen at least seven foreign carmakers cut prices....
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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

BLOG: 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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