Classification: JV UPDATE
Ssangyong Motor signs agreement with Shaanxi Auto to establish JV in China [2016-10-12]

SEOUL – Ssangyong Motor Co., now a unit of Indian automaker Mahindra & Mahindra Ltd., signed an agreement with Shaanxi Automobile Group on October 11 to establish a joint venture in China, the Korean automaker said in a statement.

BAIC Haihua sets up plastic JV with Minda KTSN [2016-08-19]

  By Satnam Singh, CBU/CAR India Correspondent A 50:50 joint venture, Minda China Plastic Solutions, Ltd.

Daimler and BAIC to invest additional ¥4 billion in engine plant expansion [2016-06-29]

BEIJING – Daimler AG and BAIC Motor announced a strategic framework agreement on June 13 that will see the two partners invest an additional ¥4 billion (more than $615 million) in the further expansion of the engine plant at joint venture Beijing-Benz Automotive Co., Ltd.

Skoda to take equity interest in SAIC-Volkswagen [2016-03-31]

MLADÁ BOLESLAV, Czech Republic – Škoda Auto plans to take an equity interest in SAIC-Volkswagen, according to an MOU signed among Š

BAIC Motor acquires 35 percent stake in Fujian Benz [2016-03-16]

BEIJING – BAIC Motor Corp., Ltd., the Hong Kong-listed Chinese brand passenger vehicle subsidiary under BAIC Group, China’

SAIC agrees to sell one percent share back to GM [2016-01-08]

SHANGHAI – After seven months’ effort, GM has finally gained approval of SAIC in purchasing back 1 percent stake that it sold to the latter in 2009.

Chang'an-PSA to start operation in October [2016-01-08]

SHANGHAI – Eric Apode, president of Chang’an-PSA joint venture, announced in Shanghai on July 25 that the company expects to get approval from the Ministry of Commerce and receive operating license in October, according to a report on auto.

Beijing-Benz launches first engine plant [2016-01-08]

BEIJING – Beijing-Benz broke ground for its engine plant in Yizhuang, Beijing on July 9. As Benz’

FAW-Volkswagen Nanhai plant to roll off cars in 2013 [2016-01-08]

FOSHAN, Guangzhou – The newly approved FAW-Volkswagen Nanhai plant will be put into operation in 2013 with its first sedan rolling off the production line in August that year, according to media reports.

Great Wall Motor Bulgaria plant to start operation by year's end [2016-01-08]

LOVECH, Bulgaria – Great Wall Motor, China’s largest SUV and pickup manufacturer, will start car production in Bulgaria by the end of this year, revealed its Bulgarian partner, Litex Motors, on June 15.