joint venture

Hyundai Motor to set up JV with Sichuan Nanjun in China

The Hyundai Motor Company signed a formal agreement on Thursday to create a commercial vehicle joint venture (JV) in Sichuan province. Hyundai and its Chinese...

Toyota will not launch cheap JV-subbrand in China

Toyota will not establish any joint venture sub-brand in China in the coming few years, according to the China Business News on Thursday, citing...

Daimler, BYD move toward new electric brand in China

Chinese authorities recently granted a business license to Shenzhen BYD Daimler New Technology Co Ltd, the new joint venture between Daimler AG and BYD...

Volkswagen in talks to develop new ‘local’ car in China

Volkswagen AG, the second-largest foreign automaker in China, is in talks with its local partners to develop a new car, specifically for Chinese consumers....

Honda to Start another New Brand in China

Honda has two main joint ventures in China. Guangzhou-Honda with Guangzhou Auto and Dongfeng-Honda with Dongfeng Motor. Guangzhou-Honda just kickstarted a new brand, Everus,...

Spy Shots: Daimler-BYD GOLF

Daimler and BYD announced in May that they were going to make electric babies together. These drawings show the first one to be born....

GM and SAIC consider joint EV development for China

Via GlobalTimes: General Motors and longtime Chinese partner SAIC Motor have agreed to extend their strategic cooperation to include the development of "new energy"...

Daimler, BYD to Make Electric Car

International media reports on a deal between Daimler and BYD to make electric cars. Strangely, Chinese media reports nothing yet. It is 10:13 AM...