Skip to main content

Posts

Showing posts with the label Company relationships

Company relationships

It is common for automobile manufacturers to hold stakes in other automobile manufacturers. These ownerships can be explored under the detail for the individual companies. Notable current relationships include: AB Volvo and Eicher Motors has a 50-50% joint venture called VE Commercial Vehicles. Anadolu Group and Isuzu have a 50-50% joint venture called Anadolu Isuzu. Beijing Automotive Group has a joint venture with Daimler called Beijing Benz, both companies hold a 50-50% stake. both companies also have a joint venture called Beijing Foton Daimler Automobile. BAG also has a joint venture with Hyundai called Beijing Hyundai, both companies hold a 50-50% stake. BMW and Brilliance have a joint venture called BMW Brilliance. BMW owns a 50% stake, Brilliance owns a 40.5% stake, and the Shenyang municipal government owns a 9.5% stake. Chang'an Automobile Group has three joint ventures, one with...