Tag: Alliance

By on June 10, 2020

Trail Trek Tour 2019 - 2019 Ford Ranger FX4 (1) - Image: Ford

Wednesday brought an expanded alliance between Ford Motor Company and Volkswagen, with the two auto giants inking a deal for the joint development and construction of a range of products.

Since last year’s tie-up, the desire among the two companies to use each other’s strengths to address gaps in the market has been well known, though today brought specifics.  (Read More…)

By on June 2, 2020

Autonomous vehicle technology might not be a sexy topic for many some, but human-driven vehicles certainly are. One day we’ll gaze at steering wheels in a sterile museum with a mixture of animalistic hunger and soul-crushing depression.

Sure, Ford’s tie-up with Volkswagen includes self-driving technology (sourced from another tie-up, this one with Argo AI), but that’s only part of the agreement. Late last week, the two automakers moved forward on other projects that might be of interest to you. (Read More…)

By on May 29, 2020

The same week that Nissan outlined a supposedly sustainable path forward, alliance partner Renault did the same thing, revealing a blueprint for a streamlined business and pared-down workforce in the years ahead.

Annual production will be cut, plants will be shuttered, and about 15,000 employees will be let go, the automaker said. The company’s problem was thinking too big, its interim CEO remarked — something Renault’s former boss might disagree with. (Read More…)

By on September 27, 2019

Image: Subaru

Following a long period of speculation, the future of the Toyota 86 and Subaru BRZ — affordable, jointly-developed rear-drive sport coupes that American buyers seem allergic to — has now become clear. Following a joint announcement from the two automakers, we now know the slow-selling Toyobaru twins will live on into a second generation.

Toyota and Subaru announced Friday that their ongoing partnership, birthed in 2005, will broaden into a greater alliance in the coming years. Part of that pact will ensure a new pair of low-end sports cars, though Subaru also stands to gain more hybrid vehicles. (Read More…)

By on August 28, 2019

2019 Toyota Avalon badge

Not in the least shy when it comes to forging new partnerships, Toyota announced a long-simmering alliance with Suzuki on Wednesday. Now, before certain internet denizens begin counting down the days until a new Jimny appears in their driveway, this alliance won’t bring much in the way of new product to North America. Europe and other overseas markets, however, can expect a range of new offerings.

Like so many other automaker pair-ups, this yet-to-be-approved deal would see the two automakers focus primarily on technology sharing and autonomous vehicle development. As Toyota loves hybrids, Suzuki stands to benefit in the same way Subaru did. (Read More…)

By on August 5, 2019

Image: FCA

Maybe that’s a dated reference in this age of smartphones and hookup romance apps. Regardless, the list of potential partners for a prowling Fiat Chrysler doesn’t begin and end with Renault-Nissan-Mitsubishi.

Oh sure, it wouldn’t mind getting down to business with the French-Japanese auto giant, but there’s plenty of fish in the sea. FCA knows it’s a catch, and wants to put Renault on notice that it has plenty of choice in who it goes home with. (Read More…)

By on August 3, 2019

The proposed merger between two auto giants — Renault-Nissan-Mitsubishi and Fiat Chrysler Automobiles — went nowhere earlier this year, but the door to the deal never swung fully shut. That’s according to a report in the Wall Street Journal, in which sources claim talks are ongoing to rekindle the romance.

FCA snatched away its offer in June after the French government, which owns 15 percent of Renault, intruded into discussions, citing a need to have alliance partner Nissan fully on board. The Japanese automaker, embroiled in scandal and a serious financial slump, kept its distance from those earlier talks, offering polite but unenthusiastic public support as reports emerged of concerns about its autonomy and shrinking influence under such a marriage.

To get the deal back on track, Renault would need to loosen its ties with Nissan. (Read More…)

By on June 13, 2019

Herbert Diess Jetta 2017

Volkswagen is close to sealing a deal with Ford Motor Company for the next phase of the two companies’ fledgling alliance. The German giant seems poised to join Ford in its pursuit of self-driving technology through Argo AI — the autonomous startup Ford sunk $1 billion in back in 2017. Paving the way for some sort of tie-up or investment, VW this week ended its partnership with another self-driving startup, Aurora Innovation.

As well, news could soon be forthcoming about a much-rumored electric vehicle pact between the two automakers. (Read More…)

By on May 27, 2019

FCA Brampton Assembly Line Challenger & 300 - Image: FCA

Thirty-two years after Chrysler bought Renault’s controlling stake in AMC, absorbing the automaker and folding its French-developed passenger cars into the new Eagle brand, the automaker’s Fiat Chrysler successor is interested in a merger.

On Monday, Fiat Chrysler Automobiles submitted a proposal for a “transformative merger” with Groupe Renault. The 50:50 merger would create the world’s third-largest automobile company and generate $5.6 billion in annual savings, FCA claims — equal to efficiencies born of the Renault-Nissan-Mitsubishi Alliance. (Read More…)

By on January 9, 2019

Ford and Volkswagen, two auto giants who spent much of 2018 making eyes at each other and playfully batting away rumors (and sparking a few of their own), might lay their relationship bare in Detroit next week.

The two automakers have already signed a Memorandum of Understanding, partnering initially with the aim of developing joint light commercial vehicles. But that was just the start. Over the course of the past year, this partnership grew to include pickup swaps, electric vehicle platform sharing, joint U.S. plants, and God knows what else — at least according to rumors. Both companies made it clear something big was brewing, but always fell back to a “we’re just talking” line.

Now, it looks like we have a time and place for the announcement. (Read More…)

By on February 23, 2018

By Siyuwj Geely_assembly_line

Is a seemingly unstoppable Chinese automaker slowly amassing a significant ownership stake in Germany’s Daimler AG? That’s what sources tell Bloomberg.

According to the news outlet, sources claim Geely Auto Group, which owns the Volvo, Lotus, and the mysterious Lynk & Co. car brands, is steadily acquiring a $9.2 billion stake in the German giant. That would give the Chinese a near 10-percent stake in the maker of Mercedes-Benz vehicles.

Are we witnessing the birth of a new alliance? (Read More…)

By on October 9, 2016

1993 Mitsubishi Diamante wagon, Image: © 2015 Murilee Martin/The Truth About Cars

Carlos Ghosn, the synergizing executive that Sergio Marchionne only wishes he could be, isn’t mincing words when it comes to Nissan’s plans for fledgling automaker Mitsubishi.

According to the Renault-Nissan top boss, the deal between Nissan and Mitsubishi is “massive.”

(Read More…)

By on May 25, 2016

2016 Mitsubishi Outlander

A top Nissan executive is packing his bags and getting ready to take on Mitsubishi’s shadowy and scandal-prone technology arm.

Yesterday’s reports proved true, with Mitsuhiko Yamashita, Nissan’s chief technology adviser, announced today as Mitsubishi’s new head of research and development. He will take on the position starting June 24.

There’s a tough job waiting for Yamashita. (Read More…)

By on May 24, 2016

Mitsuhiko Yamashita

In this play, Nissan is President Jimmy Carter and Mitsubishi is a bankrupt New York City.

Now that it has control of Mitsubishi, Nissan wants the scandal-plagued automaker to “heal thyself,” but it’s sending a guy over to make sure it happens, sources tell Reuters. (Read More…)

By on May 18, 2016

2015 Mitsubishi RVR (6 of 11)

He’s been with the company since the Plymouth Sapporo/Dodge Challenger era, but Mitsubishi president Tetsuro Aikawa’s tenure comes to an abrupt end in June.

Aikawa stepped down today after less than two years at the helm, the victim of his company’s ongoing fuel economy scandal, according to an announcement from the automaker. Ryugo Nakao, the company’s executive vice-president in charge of quality, is also out the door. (Read More…)

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