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Plenty of Automotive Joint Ventures and Deals

Lots of things are happening in the automotive world.  Exciting new deals and ventures continue to be made between big auto giants, and it’s mind-blowing how many joint ventures there actually are in car-manufacturing circles.

Only this week Ford Motors and Volkswagen Group sealed the deal to combine forces and make up to 8 million units of commercial vans and medium pickup trucks.  These two automotive giants will collaborate on a city van which is to be built-up by Volkswagen.  It’s a 1-ton cargo van developed by Ford.  Then a Volkswagen medium pickup, the VW Amarok, will be built on the Ford Ranger platform – soon to start in 2022.  Ford will also make a new electric vehicle for Europe by 2023, and it will be built on Volkswagen’s Modular Electric Drive system.

But this isn’t all.  Automotive manufacturers around the world are joining forces to invest in electric and self-driving technology to help save billions of dollars.

Here are a few other interesting combos:

Did you know that Chinese big gun Geely holds a 23% stake in London Taxis, and they also have an 8.3% stake, as well as a 15.9% voting rights, in Volvo?

How about knowing that Indian’s Mahindra holds a 70 % stake in Ssangyong Motors?

Did you know that Porsche has a 50.74% voting sway on VW?  However, the Porsche automotive business is fully owned by the Volkswagen Group.

A more commonly known joint force is that of the Renault – Nissan Alliance. Renault holds 43.4% of Nissan shares, and Nissan holds 15% of (non-voting) Renault shares.

Toyota holds 100 % stakes in Daihatsu, 50.1% stakes in Hino, 5.9% stakes in Isuzu, 5.05% stakes in Mazda, 16.7% stakes in Subaru and 4.94 % stakes in Suzuki.

VW also has a 99.5 % stake in Audi, a 33.73% stake in Scania and a 53.7% stake in MAN SE.

Daimler and the Beijing Automotive Group have a 50:50 stake joint venture.

Hyundai has a 50:50 stake with the Beijing Automotive Group.

BMW and Brilliance (a Chinese automotive manufacturer) have a 50% and 40.5% joint venture, respectively.

Changan Automobile (a Chinese automobile manufacturer) has large stakes in PSA (Peugeot/Citroen), Suzuki, Mazda and Ford.

Chery has big stakes in a Chery, Tata, Jaguar and Land Rover joint venture.

Dongfeng (a Chinese automobile manufacturer) has big stakes in Peugeot/Citroen, Honda, Nissan, Volvo and Renault.

FAW (a Chinese automobile manufacturer) has stakes in GM, VW and Toyota.

Toyota has a joint (50:50) venture with Peugeot and Citroen.

Sollers (a Russian automobile manufacturer) has stakes in Ford and Mazda for producing vehicles.

Eicher Motors (an Indian automotive manufacture) has stakes in Volvo (50:50).

One gets the feeling that China has a lot of say on things automotive!