Posts Tagged ‘joint venture’
Jaguar Land Rover and Chery might announce JV at Beijing Auto Show
Published on February 3, 2012 by Tycho de Feyter
Reuters cites “two people with direct knowledge of the matter” who are saying that Jaguar Land Rover (JLR) and Chery Auto are working out the final details of a deal to start a joint venture for making JLR-cars in China. Read more »
Fiat-Chrysler in talks to produce Jeeps in China
Published on January 31, 2012 by Tycho de Feyter
The Fiat-Chrysler group is in intense negotiations with the Guangzhou Automobile Group on a possible joint venture to produce Jeeps in China, for the Chinese market.
Fiat SpA already has established a joint venture with Guangzhou. It is putting the final touches on a new compact for China that will be based on the same architecture as the recently unveiled 2013 Dodge Dart.
New foreign auto investment rules begin in China
Published on January 31, 2012 by Tycho de Feyter
China has withdrawn support for foreign investment in auto manufacturing under new rules that took effect Monday, as it seeks to encourage the domestic industry in the world’s largest car market.
The guidelines — released by the National Development and Reform Commission (NDRC) and the Commerce Ministry on December 30 — signal an end to incentives for foreigners and discourage fresh projects in China.
BAIC to start Joint Venture in Russia
Published on January 3, 2012 by Tycho de Feyter
For the first time since international crisis, China and Russia will be working together in a joint-venture automobile manufacturing unit. Russia’s AMS Group located in Ulyanovsk and Beijing Automotive Industry Corporation Group (BAIC Group) will become partners in the joint venture named as the BAW-RUS Automotive Co. Limited.
New Dongfeng-Renault joint venture to make Renaults in China
Published on December 14, 2011 by Tycho de Feyter
Dongfeng and Renault are talking joint venture again. They once tried in 2009 but then all came to nothing. This time though things seem much more serious. According to Chinese media both parties will sign an MoU sometime around Spring Festival, that is late January next year. Read more »
Dongfeng and Volvo truck plan China joint venture, Dongfeng to make Infiniti cars
Published on December 12, 2011 by Tycho de Feyter
Here we have an interesting look into making deals in China. Dongfeng and Volvo (the truck maker) plan a joint venture to make Volvo trucks for the Chinese market. But Dongfeng already has a joint venture with Nissan which makes medium-to-heavy duty trucks that are sold under the Dongfeng-name.
Problem.
Ford to make more Engines in China
Published on November 30, 2011 by Tycho de Feyter
Ford Motor Co will bring 20 new engines and transmissions to China by 2015 to power the 15 new models it plans to introduce during the period.
The carmaker announced at the Guangzhou auto show last week that the new powertrains will include a 1.0-liter EcoBoost turbo engine that will be locally produced at its three-way tie-up with Chang’an Automobile Group and Mazda Motor Corp in the southwestern city of Chongqing.
Subaru to be branded as Chery in China
Published on November 27, 2011 by Tycho de Feyter
The proposed joint venture between Japanese automaker Subaru and China’s Chery is ready to be approved, sources involved in the matter say.
According to reports from Chinese media, the Chinese government has imposed two conditions to Subaru’s owner Fuji Heavy Industries. First and foremost, the Japanese need to allow their vehicles to be branded with the Chery logo and secondly, the sales network in China should be headed by Chery.
Changan PSA JV to start production in mid-2013
Published on November 25, 2011 by Tycho de Feyter
A new joint venture (JV) between the China Changan Automobile Group and French automaker PSA Peugeot Citroen will start production in the middle of 2013, Changan’s chairman Xu Liuping said Sunday. Production will start with Citroen’s DS-line of vehicles, including the DS3, DS4 and DS5.
The venture will have an initial annual output capacity of 200,000 vehicles and engines and will gradually increase capacity in accordance with market demand, Xu said at the company’s founding ceremony, held in the city of Shenzhen in south China’s Guangdong province. Read more »
GM and SAIC creating new three-cylinder engines
Published on October 14, 2011 by Tycho de Feyter
The new engines are being built as part of a partnership with the Shanghai Automotive Industry Corp, or SAIC and General Motors. GM recently raised fears among many, including members of Congress, that it was giving away critical technology involving extended-range electric cars to China. GM denied it. This deal could raise those fears again, only this time about internal combustion technology.
Production is expected to begin mid-decade. The engines will be introduced in GM global vehicle programs across multiple vehicles in various parts of the world. Via: USAToday.
