Tag: alliances

By on July 1, 2019

Renault Chairman Jean-Dominique Senard could have had a better time at Nissan’s shareholder meeting last week. New details of the event have come to us via Automotive News and they’re helping to showcase just how fractured the Renault–Nissan–Mitsubishi Alliance has become. While returning Nissan CEO Hiroto Saikawa focused on developing a succession plan for upper management, Senard attempted to appease an angry mob of Japanese shareholders who have absolutely had it with France.

As there was no exit poll for the event, we’ve no idea how many shareholders have it in for la République. But numerous accounts of the event described the situation as chaotic and angry with some international bad blood on full display.  (Read More…)

By on June 11, 2019

The relationship between alliance partners Renault and Nissan remains incredibly strained. We’ve documented the souring of this corporate relationship closely since November, starting with the arrest of former Nissan chairman and Renault CEO Carlos Ghosn, but the partnership’s new chapter is a bit more confrontational. Of course, the relationship trouble started long before that.

Still in the midst of a corporate power struggle, Renault recently decided to block Nissan’s board reforms — possibly in response to the Japanese automaker not supporting a possible merger between the French automaker and Fiat Chrysler. Regardless, the Alliance now appears to be in real jeopardy, with neither side interested in cooperating. Nissan CEO Hiroto Saikawa appears to be hip to this fact, claiming the two sides need to take steps to stabilize and reinforce the Renault–Nissan–Mitsubishi Alliance or risk it dissolving completely.  (Read More…)

By on March 25, 2019

Recent speculation of a potential merger, partnership, or alliance between France’s PSA Group and Fiat Chrysler might be pointless, as the offer has already occured, a report in the Wall Street Journal suggests.

Sources familiar with the matter claim PSA approached the Italian-American auto giant earlier this year in the interest of merging the two companies. Apparently, it wasn’t the first time PSA called up FCA for a hookup. The answer was the same. (Read More…)

By on March 8, 2019

VW

European and other overseas buyers will one day be able to purchase a Volkswagen version of the Ford Ranger, all thanks to the automakers’ recently forged alliance, but what about North American customers?

The dream of a German pickup in the U.S. is still alive, VW confirms. However, what that truck might look like — and who will build it — is still a question mark. (Read More…)

By on March 7, 2019

As we get older, whole sections of our lives are mentally distilled into a handful of standout moments, accompanied by the broad strokes of shared experiences. Among them is the middle school dance, which really isn’t so much a dance as it is an opportunity for people to stand around wishing everyone would couple up and get the party started. Everyone’s hunting for a partner, but few will see that dream realized, leaving them to stand by their closest friends while they mumble “it sure would be nice to find someone to dance with” into their fifth cup of punch.

The Geneva Motor Show looked a lot like that this year. With car sales cooling, emission controls tightening, and ambitious mobility projects eating into automakers’ profit margins, many companies believe the industry is evolving. However, no one’s certain what the future holds, so they’re dabbling in everything. That’s not a sound business strategy, especially if there’s no one around to help you share the financial burden.

As a result, auto executives spent quite a bit of time in Geneva hinting that they could use a dance partner.  (Read More…)

By on March 6, 2019

Image: FCA

Ford and Volkswagen cosied up last year, cementing their relationship in an automotive alliance announced earlier this year, but could the same thing happen with Fiat Chrysler and France’s resurgent PSA Group?

PSA, which plans to sell Peugeots in North America by 2026, is reportedly hunting for a partner, and FCA Mike Manley isn’t ruling out the possibility. (Read More…)

By on January 22, 2019

Cooperation is commonplace among automakers. Chrysler has worked with, or been purchased by, just about everyone at this point, but it’s far from the only manufacturer to get chummy with a rival company. Ford and Volkswagen are busy discussing their future together and Toyota tapped other brands to help it co-develop performance models like the 86 and Supra.

Despite their longstanding and occasionally bitter rivalry, Mercedes-Benz and BMW could be the next duo to cozy up to one another. According to German outlet Handelsblatt, BMW chairman Harald Krüger and Daimler management board member Ola Källenius are currently examining the possibility of an automotive alliance.  (Read More…)

By on January 15, 2019

2019 Ford Ranger, Image: Ford

Months of speculation and rumors came to an end in Detroit Tuesday, as auto giants Ford Motor Company and Volkswagen Group officially announced they will take their relationship to the next level.

After signing a Memorandum of Understanding last year, initially to explore joint commercial vehicle production, the two automakers now say their pact will birth a midsize pickup truck for global markets. Volkswagen Ranger, anyone? (Read More…)

By on December 5, 2018

Months of speculation fueled by the increasingly chummy relationship between Ford and Volkswagen has given way to new possibilities. The two partners, who signed a Memorandum of Understanding earlier this year, might leap further into bed than initially thought.

To hear VW CEO Herbert Diess tell it, the two automakers might soon share American assembly space. And can Tennessee expect a new plant? It’s on the table. (Read More…)

By on November 9, 2018

Volkswagen AG and Ford Motor Co. continue to become more chummy with each passing day. They may even be on the cusp of sittin’ in a tree, K-I-S-S-I-N-G.

After signing a Memorandum of Understanding in June, executives are now hinting at widespread collaboration. Ford wants help in Europe and Latin America, areas awash in a sea of red. Volkswagen wants a piece of Ford’s self-driving technology, while the pair would work together on electric vehicles, according to recent reports. It’s worth noting that Ford, which has proven more open in discussing the matter, previously said nothing would be off the table if the two joined forces.

The most recent update concerns VW’s proposed investment in Ford’s self-driving partner, Argo AI. While both companies are dead set on a future of “electro mobility,” both fall short in critical areas.  (Read More…)

By on June 20, 2018

Ford Motor Company and Volkswagen AG seem to be on the verge of a relationship that could yield jointly developed products aimed at the commercial sector. It’s looking a lot like the rumored FCA/VW partnership we reported on last year, only that date ended with cold showers.

Late Tuesday, Ford and VW issued a joint statement announcing the signing of a Memorandum of Understanding (MOU) between the two automakers. This “potential alliance” might lead to the conception of any number of vehicles. (Read More…)

By on March 23, 2018

Image: Ford India

China got a headstart in the “countries with over a billion people who suddenly love owning a car” race, but India’s trying its best to catch up.

With a growing pool of consumers ready and willing to hand over cash for a car, Ford Motor Company knows partnering with a local company that knows the lay of the land is a speedier and cheaper route to profits, so last year it formed an alliance with Mahindra Group. You know Mahindra — the company currently building a retro Jeep-shaped ATV for nostalgic Americans.

This week, the two companies further consummated their bond by signing off on the joint development of SUVs. (Read More…)

By on February 24, 2018

2017 Mercedes-Benz C350e grille hood ornament - Image: Mercedes-Benz

Unlike German auto titans BMW Group and Volkswagen Group, Mercedes-Benz parent company Daimler didn’t have the stabilizing effect of a family or individual with a massive, long-term cache of company shares. That’s no longer the case, as Geely Group owner Li Shufu has announced his purchase of a 9.69 percent stake in the German automaker.

This makes Shufu Daimler’s largest single shareholder.

The Chinese auto tycoon, whose Zheijang Geely Holding Group manages car-producing Geely Group, already owns Volvo Cars and Lotus, and is a major shareholder in truck builder Volvo AB. Always on the hunt for opportunities, the near 10-percent stake in Germany’s largest luxury automaker should give Shufu the partnership he’s looking for.  (Read More…)

By on November 13, 2017

2018 Mitsubishi Outlander PHEV - Image: Mitsubishi

It’s hard to go anywhere without hearing it. Co-workers whispering at the water cooler, long waits at the drive-thru window while the staff argues amongst itself. It’s hard to get a word in edgewise.

People are talking about Mitsubishi.

If you’ve called #fakenews on this, well, you’re right. But that isn’t to say no one’s talking about the down-on-its-luck automaker, which recently saw salvation at the hands of the Nissan-Renault Alliance. There’s more vehicles coming to the threadbare brand and, while the company’s focus remains on lucrative SUVs, that doesn’t mean Mitsubishi won’t flesh out the lineup with something traditional. (Read More…)

By on August 4, 2017

Mazda Driver's Choice YouTube Screenshot - Image: Mazda YouTube Channel

Toyota Motor Corp. is set to strike a deal to take a 5-percent stake in fellow Japanese automaker Mazda Motor Corp. The alliance includes the construction of a joint-venture $1.6 billion U.S. automotive plant and sharing EV technology — showing that Mazda hasn’t totally sworn off the idea of an electric car.

The two companies have been dating casually for a couple of years; Toyota sometimes uses Mazda’s Mexican factory to build compact cars, the two have fostered a love child (the Mazda 2-based Toyota Yaris iA), but this is the first time they’ve seriously considered moving in together. Toyota claimed the decision was about more than just a strategy to share technology, suggesting the automakers had genuine feelings for one another.

“The greatest fruit of our partnership with Mazda is that we have found a new partner who truly loves cars,” Toyota President Akio Toyoda said in a statement, “It has also sparked Toyota’s competitive spirit, increasing our sense of not wanting to be bested by Mazda. This is a partnership in which those who are passionate about cars will work together to make ever-better cars. It is also the realization of our desire to never let cars become commodities.”

(Read More…)

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