Standard Motor Products Forms Joint Venture With Foshan Guangdong Automotive Air Conditioning Co.
Standard Motor Products will invest approximately $12.5 million in the 50/50 joint venture. The new company is named Foshan FGD SMP Automotive Compressor Co. Ltd.
DENSO And NEC Establish Joint Venture To Develop Essential Connectivity Technologies For Current And Future Cars
The company will develop in-vehicle information and communications equipment critical for fostering a truly connected environment inside vehicles, such as instrument clusters, head-up displays and on-board communication equipment.
Continental And Osram Plan Joint Venture For Intelligent Lighting Solutions
The idea behind the joint venture is to combine innovative lighting technology with electronics and software to develop, manufacture and market intelligent lighting solutions for the automotive industry.
Magna Forms E-Powertrain Joint Venture In China
To expand its global electrified powertrain offerings and strengthen its local footprint in China, Magna has entered into a joint venture agreement with Huayu Automotive Systems Co., a subsidiary of SAIC Motor.
Toyota Boshoku, Autoneum And Nihon Tokushu Toryo Agree To Establish Joint Venture
With an aim to further strengthen the ongoing cooperative relationship in the automobile interiors business, the companies have signed a joint venture agreement to undertake noise and vibration evaluation and analysis of automobile interior systems.
Eaton Cummins Joint Venture Debuts First Automated Transmission
The making of Endurant included valuable input from specially formed customer councils, driver councils and service councils – a diverse list of fleet customers in various locations with different wants and needs in a transmission.
Hitachi Automotive Systems And Honda Establish Joint Venture For Electric Vehicle Motors
The new company will respond to the growing global demand from automakers for electric vehicle motors by developing competitive motors that combine the expertise of the two companies.
Faurecia Signs New Joint Venture Agreement With Dongfeng Motor Corp., Expands Partnership To Clean Mobility
The joint venture aims to provide advanced clean mobility solutions to Dongfeng-affiliated OEM brands for both passenger cars and commercial vehicles.
Magna Enters Joint Venture With Chinese Seating Supplier
To expand its seating expertise in China and throughout Asia, Magna has entered into a joint venture cooperation agreement with China’s Hubei Aviation Precision Machinery Co. Ltd. Subject to regulatory approval, the deal is expected to close in the fourth quarter of 2017.
Adient’s Seating Mechanisms Joint Venture Announces Plans For A New 90,000-Square-Meter Plant In Changshu, China
Global seating supplier to hire 2,000 new employees as it reinforces its vertical integration strategy and footprint expansion in China.
