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France’s Faurecia enters joint-venture deal with China’s Dongfeng


French auto parts supplier Faurecia recently said it has entered an agreement to set up a joint-venture firm with Dongfeng, a Chinese state-controlled automotive group that also has a controlling stake in PSA Peugeot Citroen. The parts maker has inked the deal as it seeks to expand its presence into the world's largest auto market and the ties with Dongfeng are ...
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Europe: PSA increases production in Slovakia, joint venture with Mitsubishi to cease production in Russia again
PSA Peugeot Citroen's Slovak business unit is now mulling an increased yearly production that could soar past the 300,000 units mark by 2017 after the company has decided to introduce ...
Russia: GM and Ford take opposite routes
With the country’s economic crisis seeing as persistent throughout at least this year, the first and second US automaker have different strategies on weathering the effects. Ford and GM are known ...
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 ...
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 ...

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