All joint ventures articles
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ArticleGefco and Bergé join forces in Spain
Gefco is setting up a joint venture with Spanish logistics provider Bergé to strengthen finished vehicle operations in Spain. The new company will be called Bergé Gefco and combine the fleets and resources of both companies’ divisions in the country to offer customers a complete range of finished vehicle services, ...
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ArticleRenault looks to tap into strong Chinese van market with Brilliance JV
Renault and Brilliance China Automotive (CBA) have signed a cooperation agreement to form a joint venture for the manufacture and sale of light commercial vehicles (LCVs) in the Asian country.“As a top global automotive company, Groupe Renault is entering into a promising and high-potential Chinese LCV market which accounts for ...
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ArticleBMW Brilliance puts technology first in China plant expansion
New technology is at the centre of a €1 billion ($1.1 billion) expansion of BMW’s joint venture plant with Brilliance Automotive in Dadong, China. The expansion includes a networked production system based on industry 4.0 applications, as well as mobile smart devices and supporting ‘exoskeletons’ for workers.BMW Brilliance Automotive opened ...
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ArticleChina approves JAC-VW electric vehicle production plan
The China National Development and Reform Commission (NDRC) has given final approval for local carmaker JAC and Germany’s Volkswagen Group to jointly produce a new brand of passenger electric vehicles in the country.The two companies first signed a memorandum of understanding for an electric vehicle partnership back in September.A statement ...
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ArticlePSA localises assembly in Uzbekistan
French carmaker PSA Group has signed a joint venture agreement with Uzbek vehicle manufacturer SC Uzavtosanoat (UzAuto) that will see Uzbekistan PCA make Peugeot and Citroën light commercial vehicles (LCVs) at a new plant in the free industrial zone of Jizzakh from 2019.The plant will have an annual output of ...
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ArticleAudi’s first quarter sales in China drop 22% after dealer dispute
Audi’s dealer dispute in China seems to have affected the company’s first quarter sales figures, which were released this week and showed a 22.1% year-on-year drop in its biggest market during the first three months of 2017.The company’s dealers in the country have expressed opposition to the OEM’s plans to ...
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Article
Logistics JV to connect Germany to Iran and Maghreb region
From left: Herbert Robel (director, Andreas Schmid Logistik), Tom Rosman (managing director, Militzer & Münch), Alfred Kolb (owner and chairman, Andreas Schmid Logistik), Dr Lothar Thoma (CEO, Militzer & Münch) and Gianluca Crestani (director, Andreas Schmid Logistik)Logistics providers Militzer & Münch and Andreas Schmid Logistik have formed a transport ...
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Anji and Ceva widen scope of renewed Chinese joint venture
Anji Automotive Logistics and Ceva Logistics have renewed a Chinese joint venture agreement dating back to 2002, while also expanding the JV’s business scope to include non-automotive contract logistics.The original deal was signed between Anji, China’s largest automotive logistics provider, and US-listed TNT Logistics, prior to its acquisition and rebranding ...
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ArticleTradisa buys Mosolf Group out of Tramosa
Automotive logistics provider Tradisa has bought the other half of its jointly owned Tramosa business from the Mosolf Group for an undisclosed sum.The transaction comprised consolidating ownership of Tramosa France, based in Creutzwald, and Tramosa Logistik, based in Saarlouis, Germany.“The purpose of this transaction is to simplify the network of ...
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ArticleImperial forms automotive logistics JV with China’s Sincero
Carsten Taucke (left), CEO of Imperial Logistics International, with Jiang Jun, CEO of SinceroImperial Logistics International has teamed up with Chinese conglomerate Sincero to offer integrated logistics services to carmakers in the country.The two have created a Shanghai-based joint venture, which Imperial will own 51% of with Sincero holding ...
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ArticleHonda and Hitachi announce plans for electric motor joint venture
Honda has signed a memorandum of understanding with Hitachi Automotive Systems for the joint production of electric vehicle motors, just a week after announcing a hydrogen fuel cell partnership with General Motors (GM) in the US.Hitachi has been selling motors for electric vehicles since 1999 to a number of carmakers ...
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ArticleToyota and Suzuki firm up partnership talk
Toyota president Akio Toyoda (left) and Suzuki chairman Osamu Suzuki at the October 2016 announcementToyota and Suzuki have signed a memorandum of understanding to explore potential cooperation in various business areas including the supply of products and components.In October last year, the two Japanese companies first announced an intention ...
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ArticleGM and Honda plan joint hydrogen fuel cell production by 2020
Global carmakers General Motors (GM) and Honda have taken their co-development agreement for fuel cell systems to another level, announcing an agreement targeting production by the start of the next decade.The two companies, which first signed a ‘master collaboration agreement’ in 2013, are to invest a total of $85m in ...
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ArticlePSA and CK Birla to start joint production operations in India
Carlos Tavares, chairman of the managing board of PSA Group (left), and CK Birla, chairman of the CK Birla GroupFrench carmaker PSA Group and India’s CK Birla group have revealed plans to invest an initial €100m ($107m) for the production of vehicles and powertrains in the state of Tamil ...
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ArticleNYK sets up joint venture for inland services in Vietnam
NYK has signed a joint venture in Vietnam to provide inland finished vehicle logistics services. The Japanese company will hold an 80% share in a joint venture with local provider Vietnam Ocean Shipping Agency (VOSA), a subsidiary of state-owned Vietnam National Shipping Lines.The joint venture will be called NYK Auto ...
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ArticleHonda JV breaks ground on third production plant in China
Honda’s joint venture company in China, Dongfeng Honda, has broken ground on construction of a third car production plant in the country.It is being built on a 1.2m sq.m piece of land just 8km southeast of the first plant in the Wuhan Economic & Technological Development District in Hubei Province.Approximately ...
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ArticleSiam Motors Industries sets up joint venture with JWD Infologistics
Thai automotive parts maker Siam Motors Industries has set up a joint venture with logistics service provider JWD Infologistics to provide integrated automotive parts logistics services to customers including Nissan and Honda, in Thailand and the wider Asean region.The Association of Southeast Asian Nations (Asean) area includes 10 nations: Brunei ...
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ArticleVolkswagen to start assembly in Algeria in Sovac joint venture
Pictured from left: Dr. Josef Baumert, member of the Volkswagen Commercial Vehicles board of management responsible for production and logistics; Abdesselam Bouchouareb, Algerian minister of industry; and Mourad Oulmi, CEO of SovacVolkswagen is setting up a joint venture with its local partner in Algeria for the assembly of VW, ...
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ArticleK Line, MOL and NYK form container joint venture
Global maritime logistics providers Kawasaki Kisen Kaisha (K Line), Mitsui OSK Line (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) are integrating their respective container shipping businesses in a new, as yet unnamed, joint venture. The merger includes the companies’ worldwide terminal operations, with the exception of Japan.NYK will own 38% ...