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Japan’s automakers to join forces in charging network joint venture


The big Japanese makers will shake hands in a rare feat – they will unite to create a company that would manage the country’s charging stations – providing their funding and payment processes. With the automotive industry one of the most competitive business sectors, it’s a rare and commendable feat to usher such an alliance – as the four automakers are ...
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BMW and Toyota to produce hybrid sports car together
BMW and Toyota will produce a hybrid sports car together as part of their alliance and the model in question will be different than the replacement for the Z4 and ...
Nissan and Daimler Might Shake Hands on a Mexican Joint Venture
The Japanese automaker Nissan and Germany's Daimler shook hands to create a 50-50 joint venture in Mexico. Nissan's and Daimler's joint manufacturing venture will build small, upmarket cars for the automakers' ...
China: Renault joint venture to depend on Nissan
According to Jacques Daniel, CEO of Dongfeng Renault Automobiles, the Chinese joint venture of Renault, the company would mostly rely on its alliance partner Nissan. The French company is aiming to ...
Bill Gates backed EcoMotors sets up Chinese joint venture
EcoMotors, which develops engine technology and is backed by Bill Gates and Khosla Ventures, has announced it formed a partnership to build a $200 million factory in China. FAW Jingye Engine ...
China: Magna enters the market through joint venture
As a part of its plan to nearly double its local sales within the next two years, Magna International – a global player among auto parts suppliers – has announced ...
Report – Fiat’s Turkish joint venture will start producing a new model in 2015
According to a statement to the Istanbul Stock Exchange, the joint venture has laid out plans to start manufacturing a new passenger car in the second half of 2015. Tofas will ...
Renault will produce the Symbol in Algeria from November 2014
The Renault Algérie Production just announced that construction work on a factory in south-west Oran in Algeria has started. The plant will roll out the new Renault Symbol (based on ...
Volkswagen Plans to Increase Stake in the Joint Venture with China’s FAW Group
Volkswagen plans to raise the stake in the JV with the Chinese FAW Group, according to VW CEO Martin Winterkorn. "Volkswagen and FAW want to extend their partnership. We are examining ...
Fiat and Chrysler close to signing China deal for Jeep
According to reports in the Chinese news media, Fiat and Chrysler are getting closer to announcing a final deal to produce Jeep SUVs in China in a joint venture with ...

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