joint venture Archives - Page 4 of 5 - aftermarketNews
MAHLE Group To Acquire All Shares Of Behr Hella Joint Venture

MAHLE and Hella have agreed that MAHLE will take over Hella’s 50 percent share in the joint venture Behr Hella Service. The planned transaction is still subject to the approval by the antitrust authorities. 

Huf Group And Baolong Plan Joint Venture For Tire Pressure Monitoring Systems

The aim of the joint venture is to accelerate growth through activities in the areas of development, purchasing, production and sales and to achieve a leading market position.

Osram Continental Joint Venture Commences Operations

Osram Continental is planning for growth rates of up to double digits annually for the next five years. This projection is based on strong growth in the market for LEDs, as well as laser-based lighting modules and solutions, and associated electronics.

Exide Industries And Leclanché Announce Joint Venture In India 

The two companies will join forces to build lithium-ion batteries and energy storage solutions to power the growth of India’s electric vehicle market.

Magna To Jointly Engineer And Build Premium Electric Vehicles For Customers In China 

China is currently the world’s leading market for electric mobility. By 2020, the number of all-electric cars on China’s roads is forecasted to reach around 5 million.

Cummins And JAC Motors Form Joint Venture Partnership

Cummins currently supplies light-duty, mid-range and heavy-duty engines to JAC Motors for its domestic market in China, as well as its global operations.

Eaton And Shaanxi Fast Gear Announce Joint Venture For Light-Duty Manual Transmissions In Asia-Pacific, Eastern Europe And Africa

The planned joint venture will develop, manufacture, sell and service manual transmissions for the large and fast-growing light-duty truck market in China.

Mazda, Toyota Select Alabama For New US Auto Manufacturing Plant

The new plant will have the capacity to build 300,000 vehicles annually, with production split evenly between two lines for each company.

Hanon Systems Establishes Second Joint Venture With FAWER Automotive Parts Limited Co.

The new joint venture will operate under the name HFAC (Hanon FAWER Automotive Component) and will produce electric compressors, fluid transport components and exhaust gas recirculation modules and components from a manufacturing site in Changchun, China.

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.

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.

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.