Tag Archives: JV

IAC – Shenda JV To Supply Soft Trim, Acoustics Products

IAC – Shenda JV To Supply Soft Trim, Acoustics Products

International Automotive Components (IAC) and Shanghai Shenda Co. Ltd. (Shenda) today announced the signing of a definitive agreement to form a global joint venture (JV) partnership to supply soft trim and acoustics products to automotive original equipment manufacturers (OEM). A UK affiliate of Shenda will acquire a 70% stake in the UK-based JV based at

DENSO, eSOL, and NEC Communication Systems form JV

DENSO Corp., eSOL Co., Ltd., and NEC Communication Systems, Ltd. will form a joint venture to develop basic software (BSW) that can support high-speed data communication, high-quality security, and high-performance microcomputers, in order to advance in-vehicle systems used for automated driving and other control actions. The joint venture will provide easy-to-use BSW to help automakers

Magneti Marelli Signs JV With Changchun Fudi

Automotive Lighting, the Magneti Marelli company devoted to the automotive lighting sector, and Changchun Fudi Equipment Technology Development Co. LTD. (FUDI), a Chinese investment company active in the automotive components industry, have signed an agreement to establish a joint venture (JV) company aimed at the production and sale of automotive lighting systems for the automotive

Federal-Mogul Motorparts establishes JV with Loxley in Thailand

Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corporation has announced that it has entered into a joint venture agreement with Loxley Public Company Limited under which Federal-Mogul Motorparts will own a majority stake in and have operational control of Parts Zone (Thailand) Co., Ltd., an established automotive parts distributor in Thailand.  Additional terms were not

Spark Minda signs JV with Vehicle Access Systems Technology Llc

Global Automotive Component manufacturer Spark Minda Group has entered into a Joint Venture partnership with Vehicle Access Systems Technology Llc.(VAST), USA. The 50:50 JV is between VAST Group and Minda Management Services Limited, an affiliate of Minda Corporation Limited and Spark Minda, Ashok Minda Group of New Delhi, India. The new collaboration is expected to

GKN Automotive’s China JV to invest US$850 million

The Chinese joint venture between GKN Automotive and HUAYA Automotive, is investing US $850 million over the next five years to meet growing demand for the company’s driveline systems, all-wheel drive (AWD) and hybrid technologies. The investment further strengthens GKN’s position as the global leader in advanced driveline technologies. GKN Automotive Chief Executive, Andrew Reynolds

Volvo Car – Jebsen Automotive JV to make balance shafts for GEA3 Engine

Swedish carmaker Volvo Car Corporation and Mitec-Jebsen Automotive Systems (Dalian) have entered into a partnership to support the manufacture of the balance shaft for Volvo’s new GEA3 engine and the production will be started in 2016. Mitec-Jebsen, a joint venture of Jebsen Automotive Technik (JAT) and MITEC Automotive AG, will supply 220,000 balancer systems for

Proton signs JV with Lotus group & Goldstar

Proton Holdings Berhad announced that it has signed a joint venture agreement with Lotus Group and Goldstar Heavy Industrial Co. Ltd. for a possible business expansion of Lotus cars in China. The collaboration seeks to accelerate the development of Lotus cars in the premium sports segment in China, leveraging on the incentives offered by the

Toyota to build new plant in Mexico, expands its JV plant in China

Toyota has announced that it will build a new plant in Mexico and expand its joint venture, Guangzhou Toyota Motor Co., Ltd. (GTMC), in China. These investments are grounded on its plans to construct production lines that are more competitive, with greatly reduced initial investment, improved efficiency, flexibility, environmental performance and safety. These “simple and

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