Classification: JV UPDATE
Renault-Nissan and Dongfeng to set up new three-way JV to produce EVs [2017-09-07]

PARIS/BEIJING – The Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. announced on August 29 that they have set up a new joint venture –

Ford signs MOU with Zotye to establish electric vehicle JV [2017-08-23]

SHANGHAI – Ford Motor Co. said in a statement on August 22 that it has signed a Memorandum of Understanding with Anhui Zotye Automobile Co., Ltd.

Geely and Volvo Cars sign contracts for tech and LYNK & CO JVs [2017-08-08]

NINGBO, Zhejiang – Geely Holding Group and Volvo Cars officially inked the contracts for their technology and LYNK & CO joint ventures at a ceremony held at Geely’

Beijing-Hyundai cuts 2017 sales target from 1.25 million to 800,000 units [2017-08-04]

BEIJING – Beijing-Hyundai Motor Co., Ltd. has decided to cut its 2017 sales target by 450,000 units to 800,000 units after a lackluster first half of 2017 in part caused by the political fallout from South Korea’

Jaguar Land Rover opens engine plant in China [2017-07-27]

CHANGSHU, Jiangsu – Jaguar Land Rover opened its Chinese engine plant here on July 21 as part of its ¥10.

Volvo Cars to set up new tech JV with parent Geely, take significant minority stake in LYNK & CO [2017-07-21]

STOCKHOLM – Volvo Cars signed separate MOUs on July 20 with parent company Geely Holding Group to set up a new joint venture technology company and for the Swedish carmaker to a significant minority stake in LYNK & CO, the international premium brand launched by Geely last year.

JAC and Volkswagen sign JV agreement, first jointly produced EV expected in 2018 [2017-07-17]

BERLIN – Jianghuai Automobile Co., Ltd. (JAC) and Volkswagen AG signed a joint venture agreement here on June 1 in the presence of visiting Chinese Premier Li Keqiang and German Chancellor Dr. Agnela Merkel.

Renault and Brilliance China sign agreement to form JV to produce LCVs [2017-07-14]

HONG KONG – Renault and Brilliance China Automotive Holdings Ltd. announced on July 5 they have signed a binding framework cooperation agreement to form a joint venture in China to produce and sell light commercial vehicles.

Daimler to localize production of BEVs and batteries in China by 2020 [2017-07-06]

BERLIN – Daimler and BAIC Group signed a framework agreement here on July 5 to jointly invest ¥5 billion to localize production of battery electric vehicles and batteries at their joint venture Beijing Benz Automotive Co., Ltd.

DS brand to establish China and Asia Pacific HQ in Shenzhen as Chang'an and PSA deepen cooperation [2017-06-14]

SHENZHEN – French carmaker Groupe PSA’s DS premium brand will set up its China and Asia Pacific headquarters in Shenzhen, Guangdong Province, following the signing of an in-depth strategic cooperation agreement between Chang’