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50 matches for 'joint venture'

• Kia crossover Soul to hit China market this week

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 15 (Gasgoo.com) Dongfeng Yueda Kia, a joint venture between Dongfeng Motor Corp and S. Korea's Kia Motors Corp, is set to launch the Kia crossover model Soul to the Chinese market on December 18, media reported. The Kia Soul crossover will come with the 1.6-liter and 2. [...]

  Posted: December 15, 2009, 6:08pm EST
  

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• Whitacre: GM-SAIC Deal Was Henderson’s Idea

  —The Truth About Cars

  Number of comments: 4
  GM Chairman and CEO Ed Whitacre has made his first real media availability today, answering questions on a number of issues including the deal that sent control of GM’s most important Chinese joint venture to its partner, SAIC. According to Whitacre, the deal was put in place by former CEO [...]

  Posted: December 15, 2009, 12:57pm EST
  by Edward Niedermeyer

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• CHINA: Kia JV sees 62% sales surge

  —Daily automotive news and comment

  Chinese-Korean joint venture Dongfeng Yueda Kia expects to boost sales 62% this year and plans to launch the Soul crossover later this month. [...]

  Posted: December 14, 2009, 12:17pm EST
  

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• Yet Another NanoSwatter. By GM And SAIC

  —The Truth About Cars

  Number of comments: 14
  Let’s get small: The new 50:50 joint venture between China’s SAIC and GM may plan to launch an entry-level low-cost car for the Indian market, say’s India’s Wheels Unplugged. The mini made by monsters would cost between $3,500-4,000, and could also be unleashed upon Latin America, Eastern Europe, Africa and even [...]

  Posted: December 14, 2009, 9:35am EST
  by Bertel Schmitt

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• Changan Ford recalls Volvo S40 cars on pump flaw

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 11 (Gasgoo.com) Changan Ford Mazda, Ford Motor's passenger car joint venture in China, is recalling 11,112 Volvo S40 sedans because of an oil pump flaw, Dow Jones reported today, citing China's quality regulator. [...]

  Posted: December 11, 2009, 3:57pm EST
  

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• JAPAN: Toyota to boost battery JV stake - report

  —Daily automotive news and comment

  Toyota Motor plans to buy new shares in its 'PEVE' joint venture with Panasonic to provide additional funds to boost production capacity for automotive batteries, sources said on Friday. [...]

  Posted: December 11, 2009, 12:24pm EST
  

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• SOUTH KOREA: Samsung-Bosch JV to supply Delphi hybrid batteries

  —Daily automotive news and comment

  SB LiMotive, the car battery joint venture between Samsung SDI and Robert Bosch, has agreed to supply Delphi with batteries for hybrid commercial vehicles. [...]

  Posted: December 10, 2009, 12:13pm EST
  

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• CHINA: Honda November sales up 55%

  —Daily automotive news and comment

  Honda Motor China car sales through two joint ventures soared 54.7% year on year last month to 57,227 units, the company said on Thursday. [...]

  Posted: December 10, 2009, 11:19am EST
  

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• Toyota to unveil urban car concept at New Delhi show

  —Leftlane News

  Number of comments: 8
  Toyota will use the annual New Delhi Auto Expo in India to show off a concept version of a microcar aimed at emerging markets. The car, which is expected to be the byproduct of a joint venture between Toyota and Daihatsu, will retail for about $5,000 when it goes on [...]

  Posted: December 10, 2009, 8:59am EST
  by Andrew Ganz

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• Bosch, DEUTZ, and Eberspächer Set Up JV for Diesel Exhaust Aftertreatment

  —Green Car Congress

  Number of comments: 1
  

  Robert Bosch GmbH, DEUTZ AG, and Eberspächer GmbH & Co. KG have signed an agreement to set up a joint venture in the area of diesel exhaust aftertreatment. The joint venture is to be known as “Bosch Emission Systems GmbH & Co. KG” and will be headquartered in Stuttgart. [...]

  Posted: December 09, 2009, 1:23pm EST
  by Mike Millikin

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• JAPAN: Pioneer optimistic on China navigation JV

  —Daily automotive news and comment

  Car audio and navigation system maker Pioneer has said its Chinese car navigation joint venture with Shanghai Automotive Industry aims for CNY1bn (US$147m) in sales in three years, targeting growing demand in the world's httbiggest auto market. [...]

  Posted: December 09, 2009, 11:17am EST
  

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• SB LiMotive in 10 Year Battery Supply Agreement With Delphi

  —Green Car Congress

  Number of comments: 2
  

  Korea Times. SB LiMotive, the 50:50 Li-ion joint venture between Samsung SDI and Bosch (earlier post), has struck a 10-year exclusive lithium-ion battery supply deal with Delphi of the United States.

  Under the partnership, SB LiMotive will supply batteries to the American company from 2012 through 2021, Samsung [...]

  Posted: December 08, 2009, 9:25am EST
  by Mike Millikin

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• Geely Wants To Buy Current Chinese Volvo Ops, Eyes More Battered Brands

  —The Truth About Cars

  Number of comments: 5
  We’ve always wondered what would happen with Volvo’s current Chinese joint venture with ChangAn once someone like Geely buys Volvo. Our Best & Brightest openly did “wonder how this’ll effect Changan which already makes Volvo’s in their JV.” Well, now we know why ChangAn is so sanguine. “ Geely said [...]

  Posted: December 07, 2009, 12:14pm EST
  by Bertel Schmitt

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• Hero Electric and Electrovaya Plan JV for Li-ion Manufacturing in India

  —Green Car Congress

  Number of comments: 3
  

  Business Standard. India Hero Group subsidiary Hero Electric and Canada-based Electrovaya have signed a memorandum of understanding to form a joint venture for manufacturing lithium-ion batteries for electric vehicles. Details reportedly will be finalized within the next six weeks.

  “We have today signed a MoU with Electrovaya for forming the [...]

  Posted: December 07, 2009, 10:33am EST
  by Mike Millikin

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• SAIC takes steps to expand into global auto market

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai Automotive Industry Corporation (SAIC), China's largest automaker, is poised to grow its presence in the world market. SAIC on Friday secured a controlling stake in Shanghai GM, its joint venture with GM, and agreed to expand into India by creating another venture with the U.S. automaker. [...]

  Posted: December 07, 2009, 9:23am EST
  

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• GM cooperates with SAIC for $100mln joint venture

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  General Motors Co on Friday said it has set up a $100 million joint venture in Hong Kong along with Shanghai Automotive Industry Corp Group (SAIC) to focus on the Asian markets. [...]

  Posted: December 06, 2009, 5:40pm EST
  

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• Suzuki, Ready To Get Married

  —The Truth About Cars

  Number of comments: 24
  Today’s Nikkei [sub] agrees with the TTAC commentariat that Suzuki is overripe for a takeover. “Now that Suzuki has dissolved its joint venture assembly plant with General Motors Co. in Canada, the Japanese automaker, with its long presence in emerging markets and strength in subcompacts, appears an attractive partner for [...]

  Posted: December 05, 2009, 3:37am EST
  by Bertel Schmitt

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• SAIC, GM to form joint venture in India in early 2010

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 4 (Gasgoo.com) General Motors and its Chinese partner SAIC Motor Corp jointly announced today that they will form a vehicle manufacturing joint venture in India early next year, Xinhua News reported. [...]

  Posted: December 04, 2009, 6:15pm EST
  

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• Seambiotic and Chinese Power Company to Build $10M Commercial Microalgae Farm in China

  —Green Car Congress

  Number of comments: 0
  

  Seambiotic, a developer and grower of marine microalgae for the nutraceuticals and biofuel industries using flue gas from electric power plants, has signed a license agreement and a joint venture agreement with Yantai Hairong Electricity Technology Ltd. and Penglai Weiyuan Science & Trading Ltd., companies associated with [...]

  Posted: December 04, 2009, 1:49pm EST
  by Mike Millikin

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• One Percent Of GM China Worth $85m

  —The Truth About Cars

  Number of comments: 8
  Fresh details on GM’s Asian wranglings are coming in, and it seems that SAIC paid The General a mere $85m for the one percent needed to control the joint venture. GM’s Nick Reilly tells the New York Times: the 51 percent stake would give S.A.I.C. the right to approve the venture’s [...]

  Posted: December 04, 2009, 11:02am EST
  by Edward Niedermeyer

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• Dongfeng-Yulon joint venture approved by regulators

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Dongfeng Motor Corp., one of major automakers in Mainland China, and its Taiwanese partner Yulon Motor Co., Ltd. just gained the approval from Chinese regulators for their joint venture Dongfeng Yulon Motor Co., Ltd. (transliterated). The venture, with registered capital of CNY 1. [...]

  Posted: December 04, 2009, 10:16am EST
  

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• SAIC and GM Form New Investment JV for Asia-Based Expansion and New Production and Sales JV for Global Small Cars and Mini-Commercial Vehicles in India

  —Green Car Congress

  Number of comments: 4
  China domestic sales of SAIC-GM JVs and milestones. GM and SAIC JVs have sold more than 6.3 million vehicles inside China. They are growing their presence outside mainland China with the launch of an investment joint venture in Hong Kong and a new joint venture for [...]

  Posted: December 04, 2009, 10:11am EST
  by Mike Millikin

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• GM, SAIC to expand beyond China with India JV

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  The partnership between General Motors Co. and China's SAIC Motor Corp. (600104.SH) is set to take its first step onto the global stage with the launch of a joint venture in the competitive Indian market. [...]

  Posted: December 04, 2009, 9:30am EST
  

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• CANADA: GM to take full ownership of CAMI JV

  —Daily automotive news and comment

  General Motors of Canada has said it will acquire full ownership of the CAMI Automotive Incorporated (CAMI) car assembly joint venture in Ingersoll, Ontario, through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor. [...]

  Posted: December 04, 2009, 9:04am EST
  

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• REPORT: GM selling control of Chinese joint venture to SAIC, half of India operations

  —Autoblog

  

  Filed under: China, GM, Earnings/Financials

  It has been a busy week at General Motors. The week started off with CEO Fritz Henderson's abrupt resignation, then executives converged on the LA Auto Show where Bob Lutz was the keynote speaker and then the[...]

  Posted: December 04, 2009, 9:00am EST
  by Chris Shunk

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• GM Buys Out Suzuki In Canada

  —The Truth About Cars

  Number of comments: 6
  What, GM actually has the money to BUY companies? Suzuki says they want sell the whole shebang in their 50:50 joint venture in Canada to their JV partner, General Motors, says the Nikkei [sub]. That would be the end of a more than 20-year marriage. Interestingly, Suzuki says they will sell [...]

  Posted: December 04, 2009, 8:51am EST
  by Bertel Schmitt

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• GM Sells Its Future To China

  —The Truth About Cars

  Number of comments: 9
  And so it happened. Xinhua (translation via Gasgoo) has put on the wire that General Mayhem will “transfer half of its Indian operations to SAIC Motor by setting up a 50-50 joint venture there with the Chinese partner.” As expected, “GM and SAIC have also reached an agreement to transfer [...]

  Posted: December 04, 2009, 7:10am EST
  by Bertel Schmitt

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• Ford China Up 152 Percent

  —The Truth About Cars

  As another indication that November car sales in China will be a humdinger, Dow Jones Newswire reports that “sales of Ford brand vehicles by Ford Motor Co.’s passenger vehicle-making joint venture in China rose 152 percent in November from a year earlier.” Don’t read too much into it. Ford is a [...]

  Posted: December 03, 2009, 4:54am EST
  by Bertel Schmitt

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• GM China Nov sales up 109.5% to 177,339 vehicles

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  General Motors Co said vehicle sales in China jumped 109.5 percent in November from a year earlier, boosted by strong sales of fuel-efficient models. General Motors and its joint ventures sold 177,339 vehicles in November, a record for the month, the company said in a statement on Tuesday. [...]

  Posted: December 02, 2009, 10:08am EST
  

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• Mazda seeks balance between two ventures in China

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Japan-headquartered automaker Mazda Motor Corp. has recently made breakthroughs in the product issue concerning its two joint venture in China, Chang'an Ford Mazda Automobile Co., Ltd. and FAW Mazda Motor Sales Co., Ltd. [...]

  Posted: December 02, 2009, 10:05am EST
  

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