joint venture
SAIC ‘ready’ to pare stake in joint venture with GM
SAIC Motor Corp is ready to give up its majority ownership in a car venture with General Motors Co (GM) as long as Shanghai...
FAW-Volkswagen to develop SUV for China
The FAW-Volkswagen joint venture will develop a 'city SUV' based on the PQ35 platform that underpins, among others, the Volkswagen Tiguan and Golf 6....
Volkswagen to get a bigger share in FAW-VW
As China's auto market sets global records and holds the promise of even greater gains, the nation's top luxury carmaker is pushing for a...
Beijing Auto and Russia’s AMS Auto announce joint venture
China's fifth largest automotive group, Beijing Automotive Group (BAIC Group), announced the establishment of a joint venture with Russia's AMS Auto.
The Beijing-based BAIC Group...
Chang’an-PSA joint venture officially launched in China
The Chinese government has approved the Chang'an-PSA (aka Chang'an-Peugeot-Citroën) joint venture. It is the second joint venture from PSA in China, the other one...
Daimler to invest 2 bln euros to expand its Chinese joint venture
German auto giant Daimler AG has signed an agreement with its Chinese partner Beijing Auto to invest 2 billion euros into their...
GM aims to buy back 1% of Chinese venture
General Motors Co (GM), the biggest overseas automaker in China, said it intends to exercise an option to buy back a 1 percent stake...
Chery likely to build Subaru cars in China
Domestic carmaker Chery Automobile Co and Japan's Fuji Heavy Industries have agreed in principle to build Subaru vehicles in China and are now seeking...
FAW-VW to start new ‘Kai Li’ sub brand, focused on EV’s
Volkswagen will finally make pure EV's but not under the Volkswagen name. The EV's will be made by a new sub brand from the...
Brilliance to start Joint Venture in Benin
The automaker Brilliance China Automotive Holdings Ltd has signed a preliminary cooperative framework with Beijing Runfar Investment Group to establish a joint venture.
The deal...