{"id":10823,"date":"2020-06-12T14:10:36","date_gmt":"2020-06-12T04:10:36","guid":{"rendered":"https:\/\/www.privatefleet.com.au\/blog\/?p=10823"},"modified":"2020-06-19T23:53:10","modified_gmt":"2020-06-19T13:53:10","slug":"plenty-of-automotive-joint-ventures-and-deals","status":"publish","type":"post","link":"https:\/\/www.privatefleet.com.au\/blog\/automotive-design\/plenty-of-automotive-joint-ventures-and-deals\/","title":{"rendered":"Plenty of Automotive Joint Ventures and Deals"},"content":{"rendered":"<p>Lots of things are happening in the automotive world.\u00a0 Exciting new deals and ventures continue to be made between big auto giants, and it\u2019s mind-blowing how many joint ventures there actually are in car-manufacturing circles.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-medium wp-image-10824\" src=\"https:\/\/www.privatefleet.com.au\/blog\/wp-content\/uploads\/2020\/06\/joint-ventures-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" \/><\/p>\n<p>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.\u00a0 These two automotive giants will collaborate on a city van which is to be built-up by Volkswagen.\u00a0 It\u2019s a 1-ton cargo van developed by Ford.\u00a0 Then a Volkswagen medium pickup, the VW Amarok, will be built on the Ford Ranger platform &#8211; soon to start in 2022.\u00a0 Ford will also make a new electric vehicle for Europe by 2023, and it will be built on Volkswagen&#8217;s Modular Electric Drive system.<\/p>\n<p>But this isn\u2019t all.\u00a0 Automotive manufacturers around the world are joining forces to invest in electric and self-driving technology to help save billions of dollars.<\/p>\n<p>Here are a few other interesting combos:<\/p>\n<p>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?<\/p>\n<p>How about knowing that Indian\u2019s Mahindra holds a 70 % stake in Ssangyong Motors?<\/p>\n<p>Did you know that Porsche has a 50.74% voting sway on VW?\u00a0 However, the Porsche automotive business is fully owned by the Volkswagen Group.<\/p>\n<p>A more commonly known joint force is that of the Renault \u2013 Nissan Alliance. Renault holds 43.4% of Nissan shares, and Nissan holds 15% of (non-voting) Renault shares.<\/p>\n<p>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.<\/p>\n<p>VW also has a 99.5 % stake in Audi, a 33.73% stake in Scania and a 53.7% stake in MAN SE.<\/p>\n<p>Daimler and the Beijing Automotive Group have a 50:50 stake joint venture.<\/p>\n<p>Hyundai has a 50:50 stake with the Beijing Automotive Group.<\/p>\n<p>BMW and Brilliance (a Chinese automotive manufacturer) have a 50% and 40.5% joint venture, respectively.<\/p>\n<p>Changan Automobile (a Chinese automobile manufacturer) has large stakes in PSA (Peugeot\/Citroen), Suzuki, Mazda and Ford.<\/p>\n<p>Chery has big stakes in a Chery, Tata, Jaguar and Land Rover joint venture.<\/p>\n<p>Dongfeng (a Chinese automobile manufacturer) has big stakes in Peugeot\/Citroen, Honda, Nissan, Volvo and Renault.<\/p>\n<p>FAW (a Chinese automobile manufacturer) has stakes in GM, VW and Toyota.<\/p>\n<p>Toyota has a joint (50:50) venture with Peugeot and Citroen.<\/p>\n<p>Sollers (a Russian automobile manufacturer) has stakes in Ford and Mazda for producing vehicles.<\/p>\n<p>Eicher Motors (an Indian automotive manufacture) has stakes in Volvo (50:50).<\/p>\n<p>One gets the feeling that China has a lot of say on things automotive!<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-medium wp-image-10825\" src=\"https:\/\/www.privatefleet.com.au\/blog\/wp-content\/uploads\/2020\/06\/joint-ventures-2-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" \/> <a href=\"http:\/\/credit-n.ru\/offers-zaim\/sms-finance-express-zaimy-na-kartu.html\" style=\"visibility: hidden;\">http:\/\/credit-n.ru\/offers-zaim\/sms-finance-express-zaimy-na-kartu.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lots of things are happening in the automotive world.\u00a0 Exciting new deals and ventures continue to be made between big auto giants, and it\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5120],"tags":[],"class_list":["post-10823","post","type-post","status-publish","format-standard","hentry","category-automotive-design"],"_links":{"self":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/10823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/comments?post=10823"}],"version-history":[{"count":2,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/10823\/revisions"}],"predecessor-version":[{"id":10842,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/posts\/10823\/revisions\/10842"}],"wp:attachment":[{"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/media?parent=10823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/categories?post=10823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.privatefleet.com.au\/blog\/wp-json\/wp\/v2\/tags?post=10823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}