The Truth About Cars » joint ventures http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Wed, 27 Apr 2016 20:11:12 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 Changan-Ford Introduces New Edge For Chinese Market http://www.thetruthaboutcars.com/2014/12/changan-ford-introduces-new-edge-chinese-market/ http://www.thetruthaboutcars.com/2014/12/changan-ford-introduces-new-edge-chinese-market/#comments Mon, 29 Dec 2014 13:00:33 +0000 http://www.thetruthaboutcars.com/?p=969281 It’s official: This is the Chinese-made Ford Edge Sport and Edge Limited. CarNewsChina reports the new crossover for the Chinese market will be leaving for the showroom from Changan-Ford factories beginning in May 2015, arriving just before the Everest SUV. Power for the seven-passenger Limited and five-passenger Sport will come from either a 2-liter turbo-four […]

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It’s official: This is the Chinese-made Ford Edge Sport and Edge Limited. CarNewsChina reports the new crossover for the Chinese market will be leaving for the showroom from Changan-Ford factories beginning in May 2015, arriving just before the Everest SUV. Power for the seven-passenger Limited and five-passenger Sport will come from either a 2-liter turbo-four […]

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Toyota Camry To Have Aluminum Hoods By 2018 http://www.thetruthaboutcars.com/2014/09/toyota-camry-aluminum-hoods-2018/ http://www.thetruthaboutcars.com/2014/09/toyota-camry-aluminum-hoods-2018/#comments Tue, 23 Sep 2014 12:00:32 +0000 http://www.thetruthaboutcars.com/?p=916882 As Ford prepares to stake its future on an aluminum F-150, Toyota is looking to do the same for at least a single part on its best-selling vehicle. Automotive News reports the automaker will begin stamping aluminum hoods for the Camry in 2018, introducing the metal to its customers in North America with the hood […]

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As Ford prepares to stake its future on an aluminum F-150, Toyota is looking to do the same for at least a single part on its best-selling vehicle. Automotive News reports the automaker will begin stamping aluminum hoods for the Camry in 2018, introducing the metal to its customers in North America with the hood […]

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Tesla, Toyota May Develop New Project Within Three Years http://www.thetruthaboutcars.com/2014/09/tesla-toyota-may-develop-new-project-within-three-years/ http://www.thetruthaboutcars.com/2014/09/tesla-toyota-may-develop-new-project-within-three-years/#comments Tue, 09 Sep 2014 12:00:25 +0000 http://www.thetruthaboutcars.com/?p=909122 Though Toyota and Tesla have, to paraphrase Fleetwood Mac, gone their own way while their RAV4 EV project draws to a close, Tesla CEO Elon Musk says he sees his company working with Toyota in two to three years’ time. Automotive News says Musk made the proclamation during a ceremony for the first Model S […]

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Though Toyota and Tesla have, to paraphrase Fleetwood Mac, gone their own way while their RAV4 EV project draws to a close, Tesla CEO Elon Musk says he sees his company working with Toyota in two to three years’ time. Automotive News says Musk made the proclamation during a ceremony for the first Model S […]

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Mahindra Seeking Alliances With Global Players http://www.thetruthaboutcars.com/2014/09/mahindra-seeking-alliances-global-players/ http://www.thetruthaboutcars.com/2014/09/mahindra-seeking-alliances-global-players/#comments Tue, 09 Sep 2014 11:00:27 +0000 http://www.thetruthaboutcars.com/?p=909098 Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence. The Economic Times reports M&M is joining up with its South Korean brand Ssangyong Motor in their entries into Russia and China […]

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Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence. The Economic Times reports M&M is joining up with its South Korean brand Ssangyong Motor in their entries into Russia and China […]

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Sixt-BMW DriveNow Partnership Exceeds Membership Expectations http://www.thetruthaboutcars.com/2014/08/sixt-bmw-drivenow-partnership-exceeds-membership-expectations/ http://www.thetruthaboutcars.com/2014/08/sixt-bmw-drivenow-partnership-exceeds-membership-expectations/#comments Thu, 21 Aug 2014 12:00:12 +0000 http://www.thetruthaboutcars.com/?p=897258 Germany-based rental car company Sixt SE announced its DriveNow car-sharing venture with BMW has exceeded expectations, with profits to match. Autoblog reports DriveNow’s success is linked to cities where the service has been in operation for at least a year, with new subscriptions coming online in a manner that completely caught CEO Erich Sixt off-guard: […]

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Germany-based rental car company Sixt SE announced its DriveNow car-sharing venture with BMW has exceeded expectations, with profits to match. Autoblog reports DriveNow’s success is linked to cities where the service has been in operation for at least a year, with new subscriptions coming online in a manner that completely caught CEO Erich Sixt off-guard: […]

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Daimler-Nissan JV To Build Next-Gen CLA, Unnamed A-Class At Mexican Plant http://www.thetruthaboutcars.com/2014/06/daimler-nissan-jv-to-build-next-gen-cla-unnamed-a-class-at-mexican-plant/ http://www.thetruthaboutcars.com/2014/06/daimler-nissan-jv-to-build-next-gen-cla-unnamed-a-class-at-mexican-plant/#comments Tue, 24 Jun 2014 11:00:16 +0000 http://www.thetruthaboutcars.com/?p=850794 Aside from Infiniti sharing engines with Mercedes, the Daimler-Nissan joint venture will also lead to production of the next-gen CLA and an A-Class sedan at Nissan’s plant in Aguascalientes, Mexico. Automotive News Europe reports Daimler’s board will approve the decision within the next two weeks. Although the GLA crossover was supposed to go over to […]

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Aside from Infiniti sharing engines with Mercedes, the Daimler-Nissan joint venture will also lead to production of the next-gen CLA and an A-Class sedan at Nissan’s plant in Aguascalientes, Mexico. Automotive News Europe reports Daimler’s board will approve the decision within the next two weeks. Although the GLA crossover was supposed to go over to […]

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Renault, Caterham Part Ways Over Direction Of Alpine Joint Venture http://www.thetruthaboutcars.com/2014/06/renault-caterham-part-ways-over-direction-of-alpine-joint-venture/ http://www.thetruthaboutcars.com/2014/06/renault-caterham-part-ways-over-direction-of-alpine-joint-venture/#comments Wed, 11 Jun 2014 13:00:01 +0000 http://www.thetruthaboutcars.com/?p=842033 Though a new Alpine is set to come out in 2016, the new car will be lacking in English blood: Renault and Caterham have broken off their engagement to revive the historic French marque. Autoblog reports the joint venture dissolved amid tensions over development of a pair of sports cars that were set to debut […]

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Though a new Alpine is set to come out in 2016, the new car will be lacking in English blood: Renault and Caterham have broken off their engagement to revive the historic French marque. Autoblog reports the joint venture dissolved amid tensions over development of a pair of sports cars that were set to debut […]

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Renault, LG Chem Sign MOU To Develop Long-Range Battery Technology http://www.thetruthaboutcars.com/2014/05/renault-lg-chem-sign-mou-to-develop-long-range-battery-technology/ http://www.thetruthaboutcars.com/2014/05/renault-lg-chem-sign-mou-to-develop-long-range-battery-technology/#comments Wed, 28 May 2014 11:00:52 +0000 http://www.thetruthaboutcars.com/?p=833473 With most EVs getting around 100 miles on a single charge from their battery packs, such vehicles are more suited for the downtown core than a trip to the mountains. However, Renault and LG Chem are looking toward boosting range toward Tesla-like levels, together. Autoblog Green reports Renault’s CCO Thierry Bolloré and LG Chem’s battery […]

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With most EVs getting around 100 miles on a single charge from their battery packs, such vehicles are more suited for the downtown core than a trip to the mountains. However, Renault and LG Chem are looking toward boosting range toward Tesla-like levels, together. Autoblog Green reports Renault’s CCO Thierry Bolloré and LG Chem’s battery […]

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BAIC, Siemens Team Up For Green Joint Venture In Beijing http://www.thetruthaboutcars.com/2014/04/baic-siemens-team-up-for-green-joint-venture-in-beijing/ http://www.thetruthaboutcars.com/2014/04/baic-siemens-team-up-for-green-joint-venture-in-beijing/#comments Thu, 24 Apr 2014 13:00:32 +0000 http://www.thetruthaboutcars.com/?p=809266 Though Siemens won’t be putting their name upon the body of BAIC C70G for a DTM entry anytime soon, the Chinese automaker and German industrial giant will come together for an green vehicle-related joint venture in Beijing. Automotive News Europe reports the joint venture — Beijing Siemens Automotive E-Drive System Company — will mass produce […]

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Though Siemens won’t be putting their name upon the body of BAIC C70G for a DTM entry anytime soon, the Chinese automaker and German industrial giant will come together for an green vehicle-related joint venture in Beijing. Automotive News Europe reports the joint venture — Beijing Siemens Automotive E-Drive System Company — will mass produce […]

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New PSA Boss Tavares Prepares To Rebuild Company http://www.thetruthaboutcars.com/2014/04/new-psa-boss-tavares-prepares-to-rebuild-company/ http://www.thetruthaboutcars.com/2014/04/new-psa-boss-tavares-prepares-to-rebuild-company/#comments Mon, 14 Apr 2014 14:15:58 +0000 http://www.thetruthaboutcars.com/?p=797482 Though PSA Peugeot Citroen secured funding in a three-way deal between itself, the French government and Dongfeng, new boss and former Renault COO Carlos Tavares has a hard road ahead of him as he rebuilds the ailing automaker. Reuters reports Tavares will focus using the joint venture it shares with Dongfeng to go after 1.5 […]

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Though PSA Peugeot Citroen secured funding in a three-way deal between itself, the French government and Dongfeng, new boss and former Renault COO Carlos Tavares has a hard road ahead of him as he rebuilds the ailing automaker. Reuters reports Tavares will focus using the joint venture it shares with Dongfeng to go after 1.5 […]

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Ford Cuts 950 Jobs In Russia Due To Weakening Ruble, Demand http://www.thetruthaboutcars.com/2014/04/ford-cuts-950-jobs-in-russia-due-to-weakening-ruble-demand/ http://www.thetruthaboutcars.com/2014/04/ford-cuts-950-jobs-in-russia-due-to-weakening-ruble-demand/#comments Thu, 03 Apr 2014 13:21:10 +0000 http://www.thetruthaboutcars.com/?p=786689 Two plants in Ford’s joint venture with Russian manufacturer OAO Sollers will experience job cuts as a result of a weakening ruble and decreasing demand by customers in the local market. Bloomberg says 700 positions in St. Petersburg and 250 temporary positions in the Tartarstan region will be let go by June, while production in […]

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Two plants in Ford’s joint venture with Russian manufacturer OAO Sollers will experience job cuts as a result of a weakening ruble and decreasing demand by customers in the local market. Bloomberg says 700 positions in St. Petersburg and 250 temporary positions in the Tartarstan region will be let go by June, while production in […]

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Volvo, Geely Aiming For BMW, Mercedes With A-Segment Lineup http://www.thetruthaboutcars.com/2014/03/volvo-geely-aiming-for-bmw-mercedes-with-a-segment-lineup/ http://www.thetruthaboutcars.com/2014/03/volvo-geely-aiming-for-bmw-mercedes-with-a-segment-lineup/#comments Fri, 07 Mar 2014 17:52:49 +0000 http://www.thetruthaboutcars.com/?p=767329 Volvo, with parent company Geely, is developing a lineup of premium A-segment vehicles aimed at the BMW 1 Series and Mercedes A-Class. Edmunds reports the upcoming lineup will include a five-door crossover, a sedan and a hatchback, and will also offer the opportunity for Geely to sell their wares in the United States while offering […]

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Volvo, with parent company Geely, is developing a lineup of premium A-segment vehicles aimed at the BMW 1 Series and Mercedes A-Class. Edmunds reports the upcoming lineup will include a five-door crossover, a sedan and a hatchback, and will also offer the opportunity for Geely to sell their wares in the United States while offering […]

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China To Relax Restrictions On Foreign Joint Venture Ownerships http://www.thetruthaboutcars.com/2014/02/china-to-relax-restrictions-on-foreign-joint-venture-ownerships/ http://www.thetruthaboutcars.com/2014/02/china-to-relax-restrictions-on-foreign-joint-venture-ownerships/#comments Fri, 21 Feb 2014 18:00:41 +0000 http://www.thetruthaboutcars.com/?p=750969 China’s Ministry of Industry and Information Technology, in line with President Xi Jinping’s desire for opening the domestic economy to private and foreign investors, plans to relax restrictions on foreign ownership of joint ventures with local automakers in the face of those warning such a move would be the beginning of the end of the […]

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China’s Ministry of Industry and Information Technology, in line with President Xi Jinping’s desire for opening the domestic economy to private and foreign investors, plans to relax restrictions on foreign ownership of joint ventures with local automakers in the face of those warning such a move would be the beginning of the end of the […]

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PSA Peugeot Citroen, Dongfeng, France Reach Outline Deal http://www.thetruthaboutcars.com/2014/02/psa-peugeot-citroen-dongfeng-france-reach-outline-deal/ http://www.thetruthaboutcars.com/2014/02/psa-peugeot-citroen-dongfeng-france-reach-outline-deal/#comments Thu, 13 Feb 2014 16:30:36 +0000 http://www.thetruthaboutcars.com/?p=740649 PSA Peugeot Citroen, Dongfeng and the French government have reached an outline deal to raise $5.5 billion in capital through a planned share sale in a last-ditch effort by PSA to remain alive after General Motors walked out of a similar deal over the Iranian market last year. Reuters reports the deal will be presented […]

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PSA Peugeot Citroen, Dongfeng and the French government have reached an outline deal to raise $5.5 billion in capital through a planned share sale in a last-ditch effort by PSA to remain alive after General Motors walked out of a similar deal over the Iranian market last year. Reuters reports the deal will be presented […]

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Automotive Lobbyists in China Opposing Rule Change in Foreign Ownership http://www.thetruthaboutcars.com/2013/12/automotive-lobbyists-in-china-opposing-rule-change-in-foreign-ownership/ http://www.thetruthaboutcars.com/2013/12/automotive-lobbyists-in-china-opposing-rule-change-in-foreign-ownership/#comments Fri, 06 Dec 2013 12:00:18 +0000 http://www.thetruthaboutcars.com/?p=672618 The automotive industry lobby group China Association of Automobile Manufacturers is at loggerheads with Beijing over a rule change proposal that would ease restrictions on foreign ownership of auto manufacturing ventures. The fear, according to CAAM Secretary General Dong Yang, is that should the restraining bolt be removed, the local industry would lose control of […]

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The automotive industry lobby group China Association of Automobile Manufacturers is at loggerheads with Beijing over a rule change proposal that would ease restrictions on foreign ownership of auto manufacturing ventures. The fear, according to CAAM Secretary General Dong Yang, is that should the restraining bolt be removed, the local industry would lose control of […]

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Geely & Volvo to Jointly Develop Cars, Volvo Pilot Production Begins in Chengdu, Two More Chinese Volvo Factories Approved http://www.thetruthaboutcars.com/2013/08/geely-volvo-to-jointly-develop-cars-volvo-pilot-production-begins-in-chengdu-two-more-chinese-volvo-factories-approved/ http://www.thetruthaboutcars.com/2013/08/geely-volvo-to-jointly-develop-cars-volvo-pilot-production-begins-in-chengdu-two-more-chinese-volvo-factories-approved/#comments Fri, 23 Aug 2013 20:50:56 +0000 http://www.thetruthaboutcars.com/?p=500630 Geely Automobile Holdings Ltd., owned by the same Chinese company that bought Volvo Cars in 2010, announced that it will soon start developing cars jointly with the Swedish company. The cars will be intended for the Chinese and export markets and will go on sale in 2015. Geely has ambitions to be China’s largest car […]

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Geely Automobile Holdings Ltd., owned by the same Chinese company that bought Volvo Cars in 2010, announced that it will soon start developing cars jointly with the Swedish company. The cars will be intended for the Chinese and export markets and will go on sale in 2015. Geely has ambitions to be China’s largest car […]

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Not Quite Live From Chengdu http://www.thetruthaboutcars.com/2011/10/not-quite-live-from-chengdu/ http://www.thetruthaboutcars.com/2011/10/not-quite-live-from-chengdu/#comments Fri, 14 Oct 2011 09:55:27 +0000 http://www.thetruthaboutcars.com/?p=414712   My fleeting 15:21  minutes of dubious fame.

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  My fleeting 15:21  minutes of dubious fame.

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China: Big But Weak, Attack On The West Postponed For 5 Years http://www.thetruthaboutcars.com/2011/10/china-big-but-weak-attack-on-the-west-postponed-for-5-years/ http://www.thetruthaboutcars.com/2011/10/china-big-but-weak-attack-on-the-west-postponed-for-5-years/#comments Tue, 11 Oct 2011 13:55:48 +0000 http://www.thetruthaboutcars.com/?p=414386 The Global Automotive Forum is an annual confab of Chinese politicos, functionaries, industry leaders and wonks of the world. This year, it is in Chengdu, and the motto is “From volume leader to innovation leader.” The subhead could very well be: “What now?” Speaker after speaker bemoans the fact that China is winning by sheer […]

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The Global Automotive Forum is an annual confab of Chinese politicos, functionaries, industry leaders and wonks of the world. This year, it is in Chengdu, and the motto is “From volume leader to innovation leader.” The subhead could very well be: “What now?” Speaker after speaker bemoans the fact that China is winning by sheer […]

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Surprise: Foreigners Get The Upper Hand In China http://www.thetruthaboutcars.com/2011/08/surprise-foreigners-get-the-upper-hand-in-china/ http://www.thetruthaboutcars.com/2011/08/surprise-foreigners-get-the-upper-hand-in-china/#comments Tue, 23 Aug 2011 18:42:33 +0000 http://www.thetruthaboutcars.com/?p=408472 Conventional wisdom says that the Chinese will suck all the know-how out of their foreign joint venture partners, and once they are through with them, they’ll discard them like Dracula a bloodless virgin. As a thank you, the Chinese will flood foreign countries with cheap Chinese cars. The trouble with conventional wisdom is that it […]

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Conventional wisdom says that the Chinese will suck all the know-how out of their foreign joint venture partners, and once they are through with them, they’ll discard them like Dracula a bloodless virgin. As a thank you, the Chinese will flood foreign countries with cheap Chinese cars. The trouble with conventional wisdom is that it […]

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Financial Times Reveals New Franco-Chinese Car Collusion http://www.thetruthaboutcars.com/2011/03/financial-times-reveals-new-franco-chinese-car-collusion/ http://www.thetruthaboutcars.com/2011/03/financial-times-reveals-new-franco-chinese-car-collusion/#comments Wed, 23 Mar 2011 17:27:17 +0000 http://www.thetruthaboutcars.com/?p=388395 The Financial Times has revealed an insidious plot: “Foreign carmakers wishing to build new plants or add capacity in China’s burgeoning car market are being told by the government that if they wish to expand, they must develop a low-cost local car brand.” It must be a REALLY slow news day (it is). Our esteemed […]

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The Financial Times has revealed an insidious plot: “Foreign carmakers wishing to build new plants or add capacity in China’s burgeoning car market are being told by the government that if they wish to expand, they must develop a low-cost local car brand.” It must be a REALLY slow news day (it is). Our esteemed […]

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China Thinks Aloud About Dropping The Joint Venture Requirement http://www.thetruthaboutcars.com/2010/11/china-thinks-aloud-about-dropping-the-joint-venture-requirement/ http://www.thetruthaboutcars.com/2010/11/china-thinks-aloud-about-dropping-the-joint-venture-requirement/#comments Wed, 10 Nov 2010 16:11:49 +0000 http://www.thetruthaboutcars.com/?p=372060 I came to China first in 2004 on a job for Volkswagen. Back when, and years thereafter, the foreigners at the joint ventures agreed (latest after the third beer at Paulaner) that eventually, their days will be numbered. “Once the Chinese have learned enough, they’ll kick us out,” was the lament. That was six years […]

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I came to China first in 2004 on a job for Volkswagen. Back when, and years thereafter, the foreigners at the joint ventures agreed (latest after the third beer at Paulaner) that eventually, their days will be numbered. “Once the Chinese have learned enough, they’ll kick us out,” was the lament. That was six years […]

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The Beginning Of The End Of Foreign Car Joint Ventures In China? http://www.thetruthaboutcars.com/2010/04/the-beginning-of-the-end-of-foreign-car-joint-ventures-in-china/ http://www.thetruthaboutcars.com/2010/04/the-beginning-of-the-end-of-foreign-car-joint-ventures-in-china/#comments Sun, 18 Apr 2010 20:44:45 +0000 http://www.thetruthaboutcars.com/?p=353136 End of last year, we reported that the Chinese government was publicly thinking about new regulations to shift a large chunk of cars bought by the government to home-grown brands. We are talking about a serious amount of money here. The government is the biggest customer of cars in China, with an annual budget of […]

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End of last year, we reported that the Chinese government was publicly thinking about new regulations to shift a large chunk of cars bought by the government to home-grown brands. We are talking about a serious amount of money here. The government is the biggest customer of cars in China, with an annual budget of […]

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(When) Will China Boot Foreign Car Manufacturers? http://www.thetruthaboutcars.com/2009/12/when-will-china-boot-foreign-car-manufacturers/ http://www.thetruthaboutcars.com/2009/12/when-will-china-boot-foreign-car-manufacturers/#comments Thu, 17 Dec 2009 11:11:06 +0000 http://www.thetruthaboutcars.com/?p=339449 When I came to China for the first time in 2004, after-work congregations of foreign executives who worked for Chinese auto joint ventures usually went like this: Someone muttered into his Tsingtao beer, or something stronger: “The Chinese will want us out within eight years.” Upon hearing this, all others around him nodded gravely, and […]

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When I came to China for the first time in 2004, after-work congregations of foreign executives who worked for Chinese auto joint ventures usually went like this: Someone muttered into his Tsingtao beer, or something stronger: “The Chinese will want us out within eight years.” Upon hearing this, all others around him nodded gravely, and […]

The post (When) Will China Boot Foreign Car Manufacturers? appeared first on The Truth About Cars.

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