joint venture

New Chinese Policy Allows Full Foreign Ownership Of Car Factories

Chinese authorities started to allow full foreign ownership of passenger car manufacturing on January 1, 2022.The change was reported in a document issued on...

Volkswagen’s “low-cost” line coming to China in 2017. Branded how?

Volkswagen’s supervisory board approved plans for a range of low cost models, and they will be launched in 2017 onto the Chinese market, The...

Why BMW won’t buy more of Brilliance – at least not now

BMW is investing heavily into a raft of new models to dust rival Audi, but it won’t buy more shares in its Chinese joint...

GM buys back 1% stake in China joint venture

General Motors said it had repurchased a 1 percent stake in its joint venture with Chinese partner SAIC Motor Corp, which it had sold...

Geely and Kandi agree on JV to make electric cars in China

Shanghai Maple Guorun, a subsidiary of Zhejiang Geely, said that it has signed an agreement with Kandi Vehicles to set up a 50-50 joint...

Renault and Dongfeng plan joint venture in China

Renault is planning to launch a joint venture to build cars in China with Dongfeng Motor Group, the country's second-largest automaker, a local newspaper...

Joint venture for JAC and Navistar in China

A joint venture between Navistar International Corp and China-based truck maker Anhui Jianghuai Automobile Co Ltd was launched Thursday in Beijing. The move signals...

Chery-Jaguar Land Rover plans to make 130.000 cars in China from 2014

More details have emerged on the Chery-Jaguar-Land Rover joint venture. Chery and JLR reached an agreement on the joint venture in March and are...

Brilliance-BMW planst to sell 150.000 cars in China this year

The Brilliance-BMW joint venture plans to sell 150,000 BMW sedans in 2012, up 40% compared to 2011. Brilliance-BMW sold 108,190 BMW sedans in 2011,...

Fiat to make 170,000 cars a year in China

Fiat and Guangzhou Automobile will begin selling the first car made under their joint venture in China in the second half of 2012 at...