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Russia: PSA and Mitsubishi set to pause local output


France’s PSA Peugeot Citroen and Japan’s Mitsubishi are the latest automakers that will temporarily stop production at their joint venture factory in Russia due to the slumping auto sales brought by the country’s worsening economic conditions. The two auto producers jointly operate the assembly facility, located in Kaluga, 180 km southwest of Moscow, and according to a PSA spokesperson it would ...
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More joint venture articles

GM and China’s SAIC have joint factory plans for Indonesia
General Motors has announced plans from one of its Chinese joint-ventures to build an assembly facility in Indonesia, with the manufacturing operations tapping the growth seen in Southeast Asia's largest ...
China: Renault has bold strategy to increase deliveries
The French carmaker Renault SA has planned "massive investments" in China, the world’s largest auto market, as it tries to catch up to rivals here in preparation for the first ...
China: Subaru to postpone plans of local joint-venture production
Fuji Heavy Industries, the parent company of Japanese automaker Subaru has decided to put its plans for localized Chinese production of cars through a joint-venture with partner Chery Automobile on ...
China: FCA pushes for deeper local joint venture
Fiat Chrysler Automobiles NV, the seventh-largest automaker in the world has been working hard to push its brands in China, the world’s biggest auto market. Now, the carmaker and local automaker ...
Fiat joint venture in Turkey to invest heavily to produce Bravo replacement
Fiat operates in Turkey through a joint venture with Tofas, which announced it’s aiming to invest $1 billion to secure the production of the upcoming lineup of compact models designed ...
China: Volkswagen extends local joint venture for other 25 years
Volkswagen Ag and local Chinese partner FAW Group Corp have agreed to extend their cooperation deal for 25 years, with the German automaker aiming to consolidate its top position in ...
China: Nissan establishes joint venture for Infiniti production
The world’s largest auto market keeps attracting the global automakers, with companies aiming to also establish a firmer foothold into the rising luxury segment. Japan’s Nissan has revealed yesterday it decided ...
Russia: Ford JV boss warns of deepening troubles
Ford Motor's Russian venture chief has commented on the sidelines of the latest political and economical developments in the country, warning that the local auto market faces another two years ...
General Motors’ China JV recalls 38,328 Cadillacs
Shanghai General Motors Co, GM’s main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in the brake control software, according to the country’s quality ...

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