All joint venture articles
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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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ArticlePSA to assemble pick-up trucks in Tunisia for local market
PSA Group has announced a deal with its long-term partner in Tunisia, STAFIM, to assemble and sell a Peugeot pick-up truck in the North African country.The French carmaker said the assembly plant would start operations in mid-2018 and produce about 1,200 vehicles a year for the Tunisian market. PSA generates ...
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ArticlePSA and Saipa sign up to joint production in Iran
Carmakers PSA Peugeot-Citroën and Saipa have agreed to form a new joint venture to build and sell Citroën vehicles in Iran. The joint venture will encompass everything from design and purchasing to vehicle marketing.The move comes just after rival French carmaker Renault announced at the Paris Motor Show that it ...
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ArticleRenault to boost output in Iran via new joint venture
Renault has signed an agreement with Iran’s Industrial Development and Renovation Organisation (IDRO) to create a joint venture that will add 150,000 units to the French OEM’s existing annual output capacity of 200,000 in the country. The agreement was signed in the presence of Renault’s CEO and chairman Carlos Ghosn ...
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ArticleVW Truck & Bus and Navistar to share technology and procurement
Volkswagen’s Truck & Bus division has formed an alliance with US commercial vehicle maker Navistar that will see the two companies share powertrain technology and parts supply, as well as the establishment of a joint procurement venture for global sourcing.VW Truck & Bus includes the brands MAN, Scania and VW ...
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ArticleAPL Logistics sets up joint venture with Arab Global Logistics
Integrated supply chain services provider APL Logistics has signed a deal with Arab Global Logistics in Oman to form a new joint venture, APL Logistics Oman. The company said the joint venture would “spearhead efforts to develop Oman as a regional logistics hub to serve local and international customers in ...
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ArticleGM’s Chevrolet division to make CVs with Navistar
General Motors (GM) has signed an agreement with commercial vehicle maker Navistar for the assembly of medium-duty, class 4/5 trucks.Production will begin in 2018 at Navistar’s facility in Springfield, Ohio. The truckmaker is investing $12m in upgrades to the plant and production equipment. As part of that upgrade, Navistar will ...