Posted on 03/18/2003 12:16:42 PM PST by sourcery
Global Joint Ventures & Affiliations for 2000
Adam Opel AG (Germany)
General Motors GM owns Opel.
Alfa Romeo (Italy)
Fiat Fiat owns Alfa Romeo.
AMO-ZIL (Russia)
Caterpillar Russian truck maker AMO-ZIL (Moscow) has set up the Novotruck joint venture with Caterpillar and Paccar International.
Aston Martin Lagonda Ltd. (UK)
Ford Ford owns 100% of Aston Martin, which uses a Jaguar platform for the DB7.
Audi (Germany)
Volkswagen VW owns 98.99% of Audi.
Avtomobilny Zavod Imeni Leninskoga Komsola (AZLK) Russia
Bertinus AZLK sells its cars (mostly diesel-powered Aleko models) in Hungary through its Hungarian partner, Bertinus.
AvtoVAZ (Russia)
LogoVAZ The All-Russia Automobile Alliance (Avtomobilny Vserossijskij Allians) comprises Avto VAZ (Tolyatti, Russia) LogoVAZ (Moscow, Russia), the Russia Federal Property Fund (RFFI) in Moscow, the Kujbyshevneft Oil Production and Processing Association (Samara, Russia), and several banks and financial companies. The alliance will build an automobile assembly facility in Tolyatti for the manufacture of 300,000 cars per year and will employ the AvtoVAZ staff.
HungaroLada AvtoVAZ sells cars in Hungary through its HungaroLada joint venture.
Beijing Automobile Works (China)
DaimlerChrysler DaimlerChrysler owns 42% of Beijing Jeep, a joint venture with Beijing Automobile Works.
BMW AG Bayerische Motoren Werke (Germany)
*DaimlerChrysler DaimlerChrysler and BMW have a joint venture to build 1.4L and 1.6L 4-cyl. gasoline engines in Brazil. The engines power the Rover Mini and non-U.S. versions of the Neon, both introduced in 2000.
Mexico BMW and Grupo Bavaria SA de CV have a joint venture to assemble and sell cars in Mexico with BMW holding a majority stake.
Rolls-Royce BMW will supply platforms and engines for a new generation of Rolls and Bentley cars until 2003. The Rolls and Bentley brands will then separate, and BMW will own Rolls-Royce, developing new cars and building a new assembly plant.
Rover BMW owns 100% of Rover.
Bratislavske Automobilove Zavody (BAZ) (Slovakia)
Volkswagen VW owns 100% of BAZ. It took full ownership of VW Bratislava Spol. SRO in 1995 ending a 4-year joint venture with BAZ.
Bugatti Automobili SpA (Italy)
Volkswagen VW bought Bugatti in 1998.
Chang'an Automobile (China)
Suzuki Suzuki Motor and Chang'an Automobile (China) have a joint venture to assemble Alto passenger cars in Chongquing, Szechuan, province of China (Chang'an holds 50% of the venture, Suzuki 35%, Nisho Iwai 15%).
China Motors Co. Ltd. (Taiwan)
Mitsubishi Mitsubishi owns 19% of China Motor.
Chrysler Corp. (USA)
See DaimlerChryslerColumbia Motor Corp. (Phillippines)
Hoa Binh Auto The Columbia Motor Corp. has formed a joint venture, The Vietnam Motor Corp., with the Hoa Binh Auto Plant of the Ministry of Transport in Hanoi, Vietnam.
Daewoo (South Korea)
Avia SA Daewoo, in conjunction with Steyr-Daimler-Puch AG, owns 50.2% of the Czech commercial-vehicle maker. They are investing $200 million to build CVs at the company.
FSL Daewoo owns 61% of a joint venture to build vans with the Polish company.
FSO Daewoo owns 10% of the Polish automaker. It plans to raise its stake to 61%. The Polish government would hold 15% and FSO's workers, 15%.
Honda Daewoo builds a version of the Acura Legend.
Indonesia Star Surya Group of Indonesia and Daewoo have a 50/50 joint venture to export and sell 11,000 Daewoo cars annually.MAN AG Daewoo plans to build 80,000 MAN-designed diesel engines annually.
Philippines Daewoo Motor Co. is building a joint venture auto assembly plant in Cebu City, the Philippines, with a local partner to produce the LeMans Racer and Espero compact. Daewoo owns 90% of the joint venture.
Oltcit Daewoo and Oltcit (Romania) formed a joint venture, Rodae Autombile SA. Daewoo owns 51% of the venture. They plan capacity for 200,000 cars a year.
Renault Renault sells diesel engines and licenses the production of diesel engines to Daewoo.
Steyr-Daimler-Puch AG Daewoo owns 65% of four Steyr business units producing engines, components and commercial vehicles. Steyr's assembly work for DaimlerChrysler is managed separately.
Toyota Toyota ended its participation in Indian manufacturer DCM Daewoo Motors Ltd. in September 1997, when Toyota stopped supplying CKD Dyna trucks to the company. Toyota's participation with India's DCM group began in 1985. Daewoo joined the venture in 1994.
Vietnam Daewoo formed a joint venture to assemble cars in Vietnam. Daewoo will own 65% of the project and the Vietnamese will own 35%.
Uzbekistan Daewoo and the government of Uzbekistan in the Commonwealth of Independent States set up a 50/50 joint venture with a yearly capacity of 200,000 vehicles.
Daihatsu (Japan)
Malaysia Daihatsu has a joint venture with the Malaysian government to build Kancil-brand 660cc minicars. Daihatsu owns 20% of the JV, Perusahaan Otomobil Ledua Sdn. Bhd. (Perodua)
Tianjin Automobile Industrial Corp. Chinese truckmaker Tianjin has a joint venture with Daihatsu to build passenger cars and light trucks.
Toyota Toyota owns half of Daihatsu, which assembles some cars and supplies some engines to Toyota. They also share technology. Toyota also owns 10% of Daihatsu Australia Pty. Ltd., a wholesaler.
DaimlerChrysler AG (Germany)
Beijing Automobile Works (See DaimlerChrysler entry under Beijing Automobile Works heading above)
BMW (See DaimlerChrysler entry under BMW heading)
Ford Ford, Mazda and DaimlerChrysler are jointly developing fuel cells with Ballard Power Systems.
Freightliner DaimlerChrysler owns Freightliner (USA).
*Honda Honda marketed Jeeps in Japan until DaimlerChrysler took over the business in 1999. Bangchan General Assembly Co., a Honda-owned Thai manufacturer, assembles Jeep Cherokees and Grand Cherokees.
India Mercedes-Benz raised its holding in Mercedes-Benz India Ltd., a joint venture with Tata Engineering and Locomotive Ltd. (Telco) from 51% to 76%. Mercedes owns 10.3% of Telco.
Mazda (See Ford entry under DaimlerChrysler heading)
Mitsubishi DaimlerChrysler no longer holds any stock in Mitsubishi. DaimlerChrysler continues to source vehicles and major components from Mitsubishi.
Peugeot Peugeot produces its 405 midsize model at a plant near Cairo, Egypt, owned by Arab American Vehicles Ltd. DaimlerChrysler holds 49% of AAV.
Renault Renault owns 20% of Swedish Motors in Thailand. Volvo owns 56% with the remainder held by Swedish Motors. Swedish Motors, in turn, owns 70% of Thai Chrysler Automotive Ltd., which builds Jeep Cherokees at a Thai Assembly Co. Ltd. assembly plant. DaimlerChrysler owns the remaining 30% of Thai DaimlerChrysler.
Ssangyong - Ssangyong builds commercial vehicles and diesel engines under license from Mercedes. It will also build Mercedes-badged cars under license and use the Mercedes W124 platform as the basis of a Ssangyong-badged luxury car. Mercedes' corporate parent DaimlerChrysler owns 5% of Ssaangyong.
*Steyr-Daimler-Puch Magna's Steyr-Daimler-Puch and DaimlerChrysler unit have a joint venture, Eurostar GmbH, producing minivans in Graz, Austria. Steyr also builds Jeep Grand Cherokees and Mercedes G-Wagen at Graz under contract and began assembling Mercedes M-Class SUVs in 1999.
Volvo (See Renault entry under DaimlerChrysler)
Volkswagen DaimlerChrysler and VW each own 50% of VW-Daug.
Dongfeng Motor Corp. (China)
Guangzhou Auto Group Corp. Dongfeng has a joint venture to build Honda Accords with Honda and Guangzhou.
*Honda - Honda has a 50/50 joint venture with Dongfeng Motors to build auto engines at a capacity of 30,000 units per year. The two companies have another joint venture to produce auto parts.
Eicher Group (India)
Volkswagen - VW and the Eicher Group have a joint venture to build cars.
ELZA (Tatarstan, Russian Federation)
GM GM and Elabuga Automotive Works have a joint venture to build Chevrolet Blazers at ELZ facilities in Elabuga, Tatarstan, Russian Federation. Assembly began in 1996. GM holds 25% of the joint venture, EZLAZ-General Motors. The $250 million plant has capacity for 50,000 Blazers annually. The partners sell the Blazers through the Commonwealth of Independent States.
Fabryka Samochodow Lubline (FSL) (Poland)
Daewoo (See FSL entry under Daewoo)
Fabryka Samochodow Malolitrazowych (FSM) (Poland)
Fiat Fiat owns 90% of FSM's former operations; the Polish government holds the remainder. The company, Fiat Auto Poland (FAP), builds Fiat Cinquecentos, Seicneto, Bravo/Brava, Ducato, Palio and Siena at plants in Bielsko-Biala and Tychy, Poland. FAP produces almost 350,000 cars a year.
Ferrari S.p.A. (Italy)
Fiat Fiat S.p.A. owns Ferrari.
**Maserati - Ferrari has acquired the 50% of Maserati it did not already own as Ferrari prepares for Maserati's return to the U.S. market in 2000. Maserati, which withdrew from the U.S., hopes to 6,000 cars in the U.S. in a few years.
Fiat S.p.A. (Italy)
Alfa Romeo (See Fiat entry under Alfa Romeo heading)
Ashok Leyland Ltd. Fiat's Iveco commercial-vehicle unit owns 39% of the joint venture with India's Hindusa. The Indian truckmaker builds Iveco medium-duty trucks.
Egypt Nasco Corp. has a license to build 3,000 Fiat Tempra cars annually.
Fabryka Samochodow Maloitrazowych (FSM) (See Fiat entry under Fabryka Samochodow Maloitrazowych heading)
Ferrari (See Fiat entry under Ferrari heading above)
Ford Fiat now owns 52% of the joint venture, Iveco-Ford Truck U.K.
Haveco Fiat owns one-third of the Chinese transmission maker, which produces 45,000 CV gearboxes annually. Fiat's Naveco JV gets 30,000 of the transmissions. Fiat's equal partners in Haveco are Chinese CV manufacturers Yuejin and Hangzhou.
KRAZ Fiat's Iveco commercial-vehicle unit has a joint venture to build Iveco Daily and EuroCargo medium-duty CVs at a facility in Kramenchuk, Ukraine. They build about 12,000 CVs annually.
Lancia Fiat Auto owns Lancia (Italy).
*Maserati - Ferrari has acquired the 50% of Maserati that Fiat owned. Ferrari is owned by Fiat.
Morocco Fiat has invested $32 million to build 30,000 Uno and Palio cars annually for sale throughout Saharan Africa. Fiat's local partner is Moroccan automaker Somaca.
Motor Sich (Zaporozye) Fiat has a joint venture with Ukrainian company Motor Sich to produce diesel engines and gear boxes for Iveco-KRAZ.
Nanjing Motor Corp. The Chinese truckmaker has a 50/50 joint venture with Fiat's Iveco commercial-vehicle unit. Iveco has invested $200 million to produce Iveco Daily medium-duty CVs and 2.5L diesel engines. The joint venture plans to build 60,000 Dailys and 75,000 engines annually.
Naveco (China) Fiat's 50/50 joint venture with China's Yuejin Motor Corp. produces the Iveco Daily range of medium-duty CVs.
Nizhegorod Motors GAZ Fiat and GAZ have a joint venture to build up to 150,000 Palio and Marea cars annually in Russia. Investment may total $850 million.
Peugeot Fiat and Peugeot SA's Sevel joint venture builds minivans in Valenciennes, France, and commercial vehicles in Atessa, Italy.
Premier India's Premier Automobiles assembles Fiat Unos. The two companies have a joint venture, Fiat Auto India Ltd. (FIAL), to produce up to 100,000 Fiat Palios annually from 1999. FIAL invested $326 million in a new plant to build Palios.
Renault Fiat and Renault have merged their coach and bus activities and foundry operations.
SAADA Fiat's new projects with SAADA, the vehicle concern of the Algerian government, are on hold. However, an existing joint venture, Fatia, plans to build Fiat Unos. Fiat holds 36% of the venture with an option to increase to 49%.
*South Africa Johannesburg Automakers has a license to build 10,000 Unos annually. Fiat Auto began producing its Palio family of vehicles in South Africa in 1999, with targeted output of 30,000. Fiat has designated South Africa its chief development and manufacturing center for right-hand-drive vehicles.
*Tofas Fiat owns a majority of the Turkish automaker, which builds the Palio, 131 Uno, Tipo and Tempra.
Vietnam Mekong Corp. is licensed to build 1,000 Fiat Tempras annually. Fiat has a joint venture with Vietnam's Ho Chi Minh Motor and Hanoi Motors to produce 1,000 Iveco Daily CVs annually.
First Auto Works (China)
Volkswagen VW holds 40% of a joint venture with First Automotive Works, FAW-Volkswagen Automotive Co. in Changchun, China. The VW brand holds 30% and Audi 10% of the JV. FAW-VW builds Golfs, Jettas, engines and transmissions. Under a separate agreement, FAW builds the Audi 200.
Ford Motor Co. (USA)
Aston Martin (See Ford entry under Aston Martin heading)
Belarus Ford is partners with the Republic of Belarus and Lada-OMC. The joint venture, Ford Union, began manufacturing Escort cars and Transit vans in the summer of 1997.
China Ford is a partner, through its Visteon subsidiary, in five component Joint Ventures to manufacture climate control, electronics, glass, plastic and trim products.
DaimlerChrysler (See Ford entry under DaimlerChrysler)
Fiat (See Ford entry under Fiat heading)
Ford Lio Ho Ford owns 70% of Ford Lio Ho (Taiwan).
Jaguar Ford owns Jaguar (UK).
Jiangling Motors Corp. Ltd. Ford launched production of the China Transit in December, 1997, with its partner, Jiangling Motor Corp. Ford owns a 20% equity stake in the company. Total capacity at the plant is 60,000 units annually.
*Kia Ford sold its 9.4% stake in Kia.
*Mahindra & Mahindra Ford and Mahindra & Mahindra Ltd. have an assembly joint venture in India. Escort production began in 1996, and the joint venture built a new plant to produce a Fiesta-based product beginning in 1999. The IKON was introduced in November 1999. The joint venture is Mahindra Ford India Ltd. Ford also owns 5.8% of Mahindra & Mahindra Ltd.
Malaysia Ford partners with Sime Darby Group in a vehicle manufacturing joint venture called AMIM Holdings. Total capacity is just under 23,000 units annually.
Mazda Ford owns 33.4% of Mazda and has several key executives on loan to the Japanese automaker. Ford and Mazda are working together to commonize platforms in a global strategy. Ford owns 50% of the AutoAlliance plant in Flat Rock, Mich., which builds the Mercury Cougar and Mazda 626. The companies are also partners each holds 45% -- in AutoAlliance (Thailand) Co., Ltd., which began building pickup trucks in 1998. Total capacity is 135,000 units annually (See also Ford entry under DaimlerChrysler heading).
Nissan Ford and Nissan jointly produce minivans. Nissan provides drivetrains and stamps body panels at its plant in Smyrna, Tenn., and Ford assembles the vehicles in its Avon Lake, Ohio, plant. The companies dissolved their European partnership to produce the Ford Maverick SUV.
**Peugeot Ford has formed a joint venture with French auto conglomerate PSA Peugeot Citroen to produce diesel engines.
SAMCOR Ford owns 45% of South Africa automaker SAMCOR.
Vietnam Ford launched a new assembly operation with partner Song Diesel in November 1997. Ford presently owns 75%. Ford Vietnam Ltd. will produce the Trader medium-duty truck and Transit with capacity of 14,000 units annually, but has the flexibility to expand as market demand grows. Other car and truck models will be considered for addition later.
*Volkswagen Ford and VW each own 50% of Autoeuropa SA, which builds Ford Galazy, VW Sharan and SEAT Alhambra minivans in Setubal, Portugal. That joint venture ends in 2000, when VW takes sole possession of the plant.
Volvo Ford owns Volvo.
Fuji Heavy Industries (Subaru) (Japan)
**General Motors GM is purchasing 20% of Fuji Heavy Industries.
Isuzu Fuji owns 51% of Subaru-Isuzu Automotive Inc., a U.S. assembly plant. Isuzu holds the rest.
Nissan Nissan owns 4.23% of Fuji (Japan). The companies plan to share platforms and major components.
Siam Motors Co. Ltd. Fuji has a joint venture to assemble Leone cars with the Thai company.
Taiwan Vespa Co. Ltd. Fuji has a joint venture with Taiwan Vespa, TaChing Motor Co. Ltd. TaChing assembles Subaru cars and trucks in Taiwan.
Volvo Fuji and Volvo have combined their resources to produce a mid-engine sightseeing bus. Fuji also markets Volvo cars through Subaru dealers in Japan.
General Motors Co. (USA)
Adam Opel AG (See GM entry under Adam Opel AG)
ASC GM and ASC Inc. formed a 50/50 joint venture to assemble convertible top systems for Chevrolet Cavaliers and Pontiac Sunfires in Lansing, Mich.
CIADEA GM has increased its stake in its Argentine assembly plant from 80% to 100%. CIADEA no longer has any part of the operation. The unit, General Motors de Argentina SA, builds full-size pickups at a plant in Cordoba, Argentina.
Delta Motor Corp. (South Africa) GM bought 49% of Delta in December 1997. The company assembles the Opel Corsa and Astra and Isuzu light trucks and commercial vehicles. It also distributes Suzuki and Saab in right-hand-drive cars in southern Africa.
Ecuador GM owns 41% of Aymesa, which assembles the Opel Corsa. GM also owns 52% of Omnibus Botar, which produces Isuzu trucks and Suzuki cars and trucks.
ELAZ (See GM entry under ELAZ heading)
**Fuji Heavy Industries (See GM entry under Fuji Heavy Industries heading)
Holden Ltd. GM owns Holden (Australia).
Indonesia GM now owns 100% of its former Indonesian joint venture.
**Honda - GM will buy 100,000 ultra low-emission (ULEV) V6 gasoline engines and automatic transmissions from Honda a year for use in small cars in North America starting in 2002. Honda will buy 20,000 to 40,000 diesel engines a year beginning in 2001 from Isuzu's operations in Poland.
India GM now owns all of General Motors India, having purchased the 50% stake owned by Hindustan Motors in the previous joint venture. Assembly of Opel Astra cars began in 1996, with Corsa production in 1999.
Isuzu GM owns 49% of Isuzu (Japan). GM now owns 100% of their former UK joint venture, IBC Vehicles Ltd., which builds commercial vehicles and light trucks. The two have a joint venture, GM Egypt (commercial vehicle manufacturing). GM holds 31%, Isuzu 20%. Another joint venture, Industries Mecaniques Maghrebines (IMM), in Tunisia, assembles Isuzu light commercial vehicles for sale in North Africa. GM holds 11%, Isuzu 4%, Tunisian investors hold the remainder. An Australian joint venture, Isuzu-General Motors Australia Ltd., builds trucks at a Holden plant. GM Kenya, owned 57.5% by GM, 38.5% by the Kenyan government and 4.5% by Itochu, assembles Isuzu light- and medium-duty trucks. GM produces Isuzu Class 3 trucks at Janesville, Wis., and Isuzu Hombre pickups at Shreveport, La.
Jinbei Automobile Co. GM has 30% equity in a joint venture in Shenyang, China, with Jinbei Automobile Co. called Jinbei GM Automotive Co. for the assembly of GM's S-10 compact pickup truck. It adds production of the Brazilian Crew Cab pickup and Brazilian Blazer SUV.
Kenya GM holds 57.5% of its Kenyan units, which assembles Isuzus.
Nigeria GM has a joint venture, GM of Nigeria, which assembles CKD Isuzu pickups and GM-NAO medium-duty trucks in Lagos. GM holds 30%, UAC, 60% and employees 10%.
Renault GM sells the Renault Trafic van under the Arena name, and the Master van rebadged as the Movano. The companies are jointly developing a new light-commercial vehicle.
*Saab GM and Investor AB each own 50% of Saab Automobiles AB.
Saturn A wholly owned company of GM.
Shanghai Automotive Industry Corp. GM and SAIC have a 50/50 joint venture to build the midsize Buick Regal. The joint venture also builds engines and transmissions.
Suzuki GM has a 10% equity in Suzuki (Japan). GM also has 50% of CAMI (Canada) in a joint venture with Suzuki. The companies are developing a sub-B car for production in Europe.
Toyota GM and Toyota have a joint venture, New United Motors Manufacturing Inc. (NUMMI), which assembles cars for sale by both companies and the Tacoma pickup for Toyota. Toyota also sells a rebadged version of the Chevrolet Cavalier in Japan. The companies are cooperating on the development of an electromagnetic induction charging system for electric vehicles. Toyota uses and sells GM Delphi batteries as replacement parts in Japan.
Vauxhall Motors Ltd. GM owns Vauxhall (UK).
Volvo Volvo is engaged in a joint venture with GM called Volvo GM Heavy Truck Corp. (Volvo holds 87% of the venture, GM 13%)
Gorkovsky Avtomobilny Zavod (GAZ) (Russia)
Fiat (See Nizhegorod entry under Fiat heading)
Guangzhou Auto Group Corp. (China)
Dongfeng (See Guangzhou entry under Dongfeng heading)
Honda In 1997, Honda and Dongfeng Motor formed a joint venture with Guangzhou Auto Group Corp. to produce Accords. Production began in 1999 with 30,000 units. Honda will provide 50% of the joint venture's $200 million capitalization.
Peugeot Guangzhou Auto Group Corp. Guangzhou ended its 12-year collaboration with Peugeot, Guangzhou Peugeot Automobile Co., in 1997. The companies assembled Peugeot 505 cars and 504 pickups. The joint venture's facilities are used by a joint venture of Honda and Dongfeng.
Hindustan Motors (India)
*General Motors (See Hindustan Motors entry under GM heading)
Hino (Japan)
**Isuzu Isuzu and Hino will combine their bus operations within three years and explore opportunities to work together on trucks.
Toyota Toyota owns 20.1% of Hino (Japan). The companies supply each other with vehicles and components.
Holden Ltd. (Australia)
General Motors (See Holden Ltd., entry under General Motors heading)
Honda Motor Co. Ltd. (Japan)
Atlas Group Honda and Pakistan's Atlas Group will build Civics and Cities in Lahore, Pakistan
DaimlerChrysler (See Honda entry under DaimlerChrysler)
Daewoo (See Honda entry under Daewoo heading)
*Dongfeng Motors (See Honda entry under Dongfeng)
Guangzhou Auto (See Honda entry under Guangzhou)
Isuzu Isuzu supplies Honda with SUVs for sale as Honda and Acura models in exchange for passenger cars built by Honda.
**Isuzu (See Honda entry under GM heading)
Mazda Honda, Mazda, Mitsubishi, Nissan and Toyota teamed up to develop a computer network for parts orders. The five automakers are supporting an effort to design a network that can be used to standardize and exchange design and development data.
Mitsubishi Honda joined the trading company, Mitsubishi Corp, and two companies in the Philippines (Ayala and Rizal) to produce passenger cars there in the joint venture, Honda Cars Philippines, Inc. Honda holds 47%, Mitsubishi holds 23% and Ayala Corp. and Rizal Commercial Banking Corp. each hold 15% (see also Mazda entry under Honda heading).
Nissan (See Mazda heading under Honda heading)
Rover Honda no longer owns any stock in Rover. Rover will not base any future vehicles on Honda platforms.
San Yang Industry American Honda Motor Co. Inc. owns 12.5% of San Yang Industry, which assembles Honda Civics and Accords in Taiwan.
Siel Ltd. Honda plans a joint venture to build Cities with Siel in India. The joint venture, Honda Siel Cars Ltd., builds 10,000 Civics and Cities annually. Production will later rise to 30,000, some for export.
Toyota (See Mazda entry under Toyota heading)
Turkey Honda and Anadolu Industry Holding, a Turkish financial group, formed a joint venture to produce 10,000 passenger cars in 1998. Production will be raised to 30,000 units, some for export.
Vietnam - Honda Vietnam a 70/30 joint venture with Vietnam Engine and Agricultural Machinery Corp., which plans to build motorcycles with output starting at 200,000 a year and reaching 450,000 in 2005.
Hyundai Motor Co. Ltd. (South Korea)
Kia Hyundai bought 51% of Kia and took management responsibility in 1998.
Malaysia Hyundai formed a joint venture called INOKOM with the Malaysian government, Hyumal Motor and Berjaya Group to produce 10,000 trucks a year. Hyundai and Malaysia will own 30% each while Hyumal, a Hyundai sales subsidiary, and Berjaya will each own 20%.
Mitsubishi Mitsubishi owns 12.63% of Hyundai Motor.
Philippines Hyundai and Italcar Pilipinas Inc. contract to produce 2,000 cars in the Philippines initially on a complete knock-down basis with a capacity of 12,000 cars a year.
Turkey Hyundai and the Assan Group of Turkey formed a joint venture to produce 50,000 units in 1998 and 100,000 in 2002.
Isuzu Motors Ltd. (Japan)
Fuji (See Isuzu entry under Fuji Heavy Industries heading)
General Motors (See Isuzu entry under General Motors)
**Honda (See Isuzu entry under Honda heading and Honda entry under GM heading)
Hino (See Hino entry under Isuzu heading)
Jiangxi Automobile and Qing Ling Industry Isuzu has a joint-venture commercial vehicle plant with the Jiangxi Automobile Factory and Qing Ling Industry in China.
Mazda Isuzu and Mazda each hold equity in an engine company in Thailand.
ISH (Russia)
No major ties.Jaguar plc (UK)
Ford (See Jaguar entry under Ford heading)
Jiangxi Automobile Factory (China)
Isuzu and Qing Ling (See Jiangxi Automobile and Qing Ling Industry entry under Isuzu heading)
Jilin Automotive (China)
No major ties.Jinbei Automobile Co. (China)
General Motors (See Jinbei Automobile Co. entry under General Motors heading)
Kia Motors Corp. (South Korea)
*Ford (See Kia entry under Ford heading)
Hyundai (See Kia entry under Hyundai heading)
Indonesia Kia, PT Timor Putra Nasional and PT Indauda have a joint venture to build cars in Cikampek, West Java. Engine and transmission production began in 1995. Assembly of Sephia cars began in 1997. Initial capacity is 50,000 units annually, rising to 100,000 in 2000.
Mazda (See Kia entry under Ford heading)
Pakistan Kia Motors plans to export 10,000 Pride and Ceres CKD kits for assembly by Naya Daur Motors Ltd. of Pakistan in 1997.
Lamborghini S.p.A. (Italy)
Volkswagen VW bought Lamborghini in 1998.
Lancia (Italy)
Fiat (See Lancia entry under Fiat heading)
Liuzhou Automobile Industry (China)
No major ties.LogoVAZ (Russia)
AvtoVAZ (See LogoVAZ entry under AvtoVAZ heading)
Lotus (UK)
No major tiesMahindra & Mahindra Ltd. (India)
Ford (See M&M entry under Ford heading)
Nissan Nissan owns 0.24% of M&M.
Peugeot Peugeot holds 4.7% of M&M.
Maruti Udyog Ltd. (India)
Suzuki Suzuki holds 50% of Maruti Udyog, an assembly joint venture with the Indian government. Maruti is India's largest automaker.
Maserati, Officine Alfieri, S.p.A. (Italy)
**Ferrari (See Maserati entry under Ferrari heading)
*Fiat (See Maserati entry under Fiat and Ferrari heading)
Mazda Motor Corp. (Japan)
DaimlerChrysler (See Mazda entry under DaimlerChrysler)
Ford (See Mazda entry under Ford heading)
Honda (See Mazda entry under Honda heading)
Isuzu (See Mazda entry under Isuzu heading)
Kia (See Kia entry under Ford heading)
Mitsubishi (See Mazda entry under Honda heading)
Nissan (See Mazda entry under Honda heading)
Peugeot Peugeot will supply 50,000 HDI diesel engines to Mazda.
Suzuki Suzuki supplies Mazda with vehicles for sale in Japan. Suzuki and Mazda jointly assemble minicars.
Toyota (See Mazda entry under Toyota heading)
Mercedes-Benz AG (Germany)
(See DaimlerChryslerMitsubishi Motors Corp. (Japan)
China Motor (See Mitsubishi entry under China Motor)
DaimlerChrysler (See Mitsubishi entry under DaimlerChrysler)
Diamond-Star Motors Diamond-Star no longer exists. Mitsubishi owns 100% of the U.S. assembly plant, which it renamed Mitsubishi Motors Manufacturing of America Inc.
Honda (See Mitsubishi and Mazda entries under Honda)
Hyundai (See Mitsubishi entry under Hyundai heading)
Mazda (See Mazda entry under Honda heading)
Nissan (See Mazda entry under Honda heading)
Proton Mitsubishi owns 30% of the Malaysian automaker.
Vietnam Mitsubishi, Proton and the Vietnamese government in 1995 established an equally owned joint venture to build 5,000 Mitsubishi minibuses by 1998 and 12,000 annually thereafter.
Toyota (See Mazda entry under Honda heading)
Volvo Mitsubishi's Dutch joint venture, Nederland Car BV, began assembling cars for MMC and Volvo in 1995. MMC, Volvo and the Dutch government own stakes in Nedcar.
Nissan Motor Co. Ltd. (Japan)
Ford - (See Nissan entry under Ford heading)
Fuji - (See Nissan entry under Fuji heading)
Honda - (See Mazda entry under Honda heading)
**Isuzu - Nissan has a mutual OEM supply agreement for commercial vehicles with Isuzu.
Mazda - (See Mazda entry under Honda heading) Mazda has a mutual OEM supply agreement with Nissan for commercial vehicles.
Mitsubishi - (See Mazda entry under Honda heading)
Nissan - (See Mazda entry under Honda heading
Nissan Motor Philippines - Nissan owns 23% of Nissan Motor Philippines Inc.
Renault - Renault purchased 36.8% of Nissan Motor for $5.4 billion in 1999.
*Samsung Nissan was providing Samsung with technology and components to build V-6 engines and a car.
Siam Motors and Nissan Co. (SNA) - Siam Motors and Nissan Co. (SNA) in Thailand is 25% owned by Nissan. Nissan also owns 25% of Siam Nissan Automobile Co. Ltd., which was formerly known as Siam Automotive Industry.
Tan Chong Motor Holdings BHD. Nissan owns 5.6% of Tan Chong Motor Holdings Bhd. of Malaysia.
Thai Automotive Industry Nissan owns 35% of Thai Automotive Industry Co., Ltd. of Thailand.
Toyota (See Mazda entry under Honda heading)
Yulon Nissan owns 25% of Yulon Motor Co. Ltd. (Taiwan).
Oltcit (Romania)
Daewoo (See Oltcit entry under Daewoo heading)
Peugeot SA (France)
Cukurova Holding Peugeot and Cukurova Holding, a Turkish diversified industrial group, have a joint venture to build Peugeot and Citroen cars in Turkey.
DaimlerChrysler (See Peugeot entry under DaimlerChrysler)
Dongfeng Motor Corp. Second Automobile Works has changed its name to Dongfeng. Citroen and Dongfeng have a joint venture (Aeolus-Citroen China) to build small cars in China.
Fiat (See Peugeot entry under Fiat heading)
**Ford (See Peugeot entry under Ford heading)
Guangzhou Auto Group Corp. Guangzhou ended its 12-year collaboration with Peugeot, Guangzhou Peugeot Automobile Co., in 1997. The companies assembled Peugeot 505 cars and 504 pickups.
**Iran Peugeot and the Iranian company, Irankhodro, signed an agreement for production in Iran of up to 120,000 Peugeot 206 cars per year.
Mahindra & Mahindra (See Peugeot entry under M&M)
Proton Citroen and Proton formed a joint venture, USPD, to build a car in Malaysia.
Renault Peugeot and Renault own two subsidiaries: Francais Mecanique, which produces engines, and Societe de Transmission Automatiques, which makes mechanical components. Renault and PSA developed and launched a common gearbox in 1997 and a common V-6 engine in 1996.
*Sevel Argentina Peugeot completed its offer to buy most of the remaining shares in Sevel Argentina SA (E.SVL) it didn't already own. In a filing with the Buenos Aires Stock Exchange, Peugeot said it purchased 120.6 million Class C shares out of a total of 130.1 million, bringing its holding in the local carmaker to 99.57%, with 99.68% of voting rights.
Suzuki Suzuki markets Peugeot cars in Japan.
Porsche AG (Germany)
Harley-Davidson Porsche and Harley-Davidson have a $10 million joint venture to build motorcycle engine parts. Harley holds 51%.
Volkswagen VW and Porsche will jointly develop and share production of a sport-utility vehicle.
Premier Automobiles (India)
Fiat (See Premier entry under Fiat heading)
Proton (Perusdahaan Otomobil National Berhad) (Malaysia)
Citroen (See Proton entry under Fiat heading)
Lotus Proton owns 80% of Group Lotus.
Mitsubishi (See Proton entry under Mitsubishi heading)
Qing Ling Industry (China)
Jiangxi Automobile and Isuzu (See Jiangxi Automobile and Qing Ling Industry entry under Isuzu)
Renault SA (France)
China Sanjiang Space Group and Renault have a joint venture called Sanjiang Renault Automotive to produce 40,000 Trafic vans annually in China.
Daewoo (See Renault entry under Daewoo heading)
Fiat (See Renault entry under Daewoo heading)
Fiat (See Renault entry under Fiat heading)
General Motors (See Renault entry under GM heading)
Mack Truck Renault owns Mack Truck.
Malaysia The Malaysian company Inokom builds the Renault Trafic van.
Matra The Renault Espace minivan is produced by Renault and Matra. The companies are developing a new vehicle for production and sale in 2000.
**Mexico Renault will spend $400 million over seven years to re-enter the North American market through Mexico where Nissan has two plants. Nissan and Renault will develop a new car for Mexico.
Moscow Renault and the city of Moscow split ownership of OAO Avtoframos, which will produce the Renault Megane Classic car in Russia.
**Nissan Renault purchased 36.8% of Nissan Motor for $5.4 billion.
Peugeot (See Renault entry under Peugeot heading)
Rover Renault and Rover have a venture called Van Technology Ltd.
Swedish Motors Volvo owns 56%, Swedish Motors owns 24% and Renault owns 20% of Thai-Swedish Assembly Co. Ltd., which produces Volvo and Renault cars and Chrysler Jeeps in Bangkok, Thailand.
Toyota Renault and Toyota produce Renault 9, 19 and Clio cars and Toyota 4wd trucks in the SOFAS joint venture in Columbia. Renault owns 23.7%, Toyota 17.5%, Mitsui & Co. 7.5% and a Colombian company holds the remainder.
Volvo Volvo and Renault exchange engines and gearboxes.
Rolls Royce Motors Ltd. (UK)
BMW (See BMW heading)
Volkswagen VW bought Rolls-Royce Motor Cars Ltd. in 1998. It will manufacture Rolls and Bentley cars using BMW powertrains until 2003 when BMW takes over the Rolls brand. VW will then launch an all-new generation of Bentley cars.
Rover Group (UK)
BMW BMW owns Rover.
Bulgaria Rover has a 51% stake in a joint venture with the Daru group in to assemble 10,000 CKD cars annually.
Honda (See Rover entry under Honda heading)
Renault (See Rover entry under Renault heading)
Saab-Scania AB (Sweden)
General Motors (See Saab entry under General Motors)
SAADA (Algeria)
Fiat (See SAADA entry under Fiat heading)
Samsung (South Korea)
Daewoo (See Samsung entry under Daewoo heading)
Nissan (See Samsung entry under Nissan heading)
San Yang (Taiwan)
Honda (See San Yang entry under Honda heading)
SEAT (Spain)
Suzuki SEAT and Suzuki canceled their plan to jointly develop and build a minicar.
Volkswagen VW owns 100% of the Spanish automaker.
Second Automobile Works (China)
Citroen (See Dongfeng Motor Corp. entry under Peugeot heading)
Shanghai Tractor and Automobile Corp. (China)
Volkswagen VW owns 50% of the Shanghai-Volkswagen Auto Co. Ltd., a joint venture with Shanghai Tractor and Auto Co. to produce Santana Sedans, Santana 2000 and Variant vans. VW plans to build an engine plant and boost car capacity to 300,000 units.
Siam Motors (Thailand)
Nissan (See Siam Motors entry under the Nissan heading)
Skoda (Czech Republic)
Volkswagen VW owns 70% of Skoda.
Steyr-Daimler-Puch (Austria)
DaimlerChrysler (See Steyr-Daimler-Puch entry under DaimlerChrysler heading)
Daewoo (See Steyr-Daimler-Puch entry under the Daewoo heading)
Swedish Motors Corp. (Sweden)
Volvo (See Swedish Motors Corp. entry under Renault heading)
Suzuki Motor Company (Japan)
Chang'an Automobile (See Suzuki entry under Chang"an Automobile heading)
*General Motors (See Suzuki entry under General Motors heading)
*Magyar Suzuki Suzuki holds 88.6% of Magyar Suzuki, which assembles subcompact cars.
Maruti Udyog (See Suzuki entry under Maruti Udyog heading)
Mazda (See Suzuki entry under Mazda heading)
Peugeot (See Suzuki entry under Peugeot heading)
*Santana Motor - Suzuki no longer has a capital investment in Santana.
SEAT (See Suzuki entry under SEAT heading)
Ta Ching (Taiwan)
Fuji (See Taiwan Vespa entry under Fuji heading)
Telco (India)
DaimlerChrysler (See India entry under DaimlerChrysler)
Tianjin Automobile Industrial Corp. (China)
Daihatsu (See Tianjin entry under Daihatsu heading)
Toyota Motor Corp. (Japan)
Daewoo (See Toyota entry under Daewoo heading)
Daihatsu (See Toyota entry under Daihatsu heading)
General Motors (See Toyota entry under General Motors)
Honda (See Mazda entry under Honda heading0
Hino (See Toyota entry under Hino heading)
Kirloskar Group (India) Toyota and Kirloskar's JV, Toyota Kirloskar Motor Ltd. began producing 10-passenger vans in 1999. Output is targeted at 20,000 to 30,000 units annually, but could reach 50,000.
Mazda (See Mazda entry under Honda heading)
Mitsubishi (See Mazda entry under Honda heading)
Nissan (See Mazda entry under Honda heading)
Renault (See Toyota entry under Renault heading)
Volkswagen Toyota and VW build the Hilux pickup truck in Hanover, Germany.
Tvornica Automobila Sarajevo (TAS) (Yugoslavia)
Volkswagen Tvornica Automobila Sarjevo (TAS) in Yugoslavia is 50% owned by VW.
UNIS (Croatia)
Volkswagen VW's Czech unit, Skoda Auto, began assembling its most popular model, the Felicia, in Sarajevo. Annual output should reach 5,000 to 10,000 in the next few years. The company will employ about 1,200 people. Volkswagen owns 58% of the new company, called Volkswagen Sarajevo, while UNIS Holding, a Bosnian company owns the rest.
Vauxhall Motors Ltd. (UK)
General Motors (See Vauxhall entry under General Motors)
Volkswagen AG (Germany)
Audi (See Volkswagen entry under Audi heading)
BAZ (See Volkswagen entry under Bratislavske Automobilove Zavody heading)
Chinfon global Corp. (Taiwan) VW and Chinfon have a joint venture, Chinchun Motor Co. Ltd., assembly T4 Transporter and Caravelle vans. VW holds 33.3% of the joint venture, global 66.6%. Capacity is 30,000 units annually.
DaimlerChrysler (See Volkswagen entry under Lamborghini)
Porsche VW and Porsche will jointly develop and share production of a sport-utility vehicle.
First Automotive Works (See Volkswagen entry under First Automotive Works heading)
Ford (See Volkswagen entry under Ford heading)
India VW and the Eicher group have a joint venture to build cars in India.
Lamborghini (See Volkswagen entry under Lamborghini)
Porsche VW and Porsche will jointly develop and share production of a sport-utility vehicle
Rolls-Royce VW bought Rolls-Royce Motor Cars Ltd. in 1998. It will manufacture Rolls and Bentley cars using BMW powertrains until 2003 when BMW takes over the Rolls brand. VW will then launch an all-new generation of Bentley cars.
SEAT (See Volkswagen entry under SEAT heading)
Shanghai Auto (See Volkswagen entry under Shanghai Tractor and Automobile Corp. heading)
Skoda (See Volkswagen entry under Skoda heading)
TAS (See Volkswagen entry under Tvornica Automobila Sarajevo heading)
Tarpan VW owns 51% of VW Poznan, a joint venture with Tarpan, which inherited the facilities of Polish truckmaker FSR. It builds Transporter vans and Skoda Felicia cars at the plant.
Toyota (See Volkswagen entry under Toyota heading)
UNIS (See Volkswagen entry under UNIS heading)
Volvo AB (Sweden)
DaimlerChrysler (See Renault entry under DaimlerChrysler)
Ford (See Volvo entry under Ford)
Fuji (See Volvo entry under Fuji Heavy Industries)
General Motors (See Volvo entry under General Motors)
Mitsubishi (See Volvo entry under Mitsubishi heading)
Renault (See Swedish Motors entry under Renault)
**Scania Volvo owns 13% of Swedish truckmaker Scania.
Yancheng Automobile (China)
Honda (See Yancheng entry under Honda heading)
Yulon Motor Co. Ltd. (Taiwan)
Nissan (See Yulon entry under Nissan heading)
Zaporozhsky Avtomobilny Zavod (ZAZ) (Russia)
No major ties.
I'd say that this kind of thinking could rank up next to my weather man.
Thats an old song that needs new words..the number of union workers in the auto labor force is most likely at the lowest point ever ...could be the lack of good paying industrial jobs is the reason new car sales have dropped off..those Mexicans working for $5 a day certainly can not buy what they build..nore can the Chinese prison labor..
No quality Fords since the 1930-1954 era IMO. A surprising number of Fords still survive from this period. From 1955 on Fords were (are) low quality. They have suffered from the same problems as Chrysler, weak engineering and design.
Chrysler almost went under in 1954, but was saved when a group of engineers and designers "quit" GM and were hired by Chrysler. Once the crises was past, those who wanted to returned to GM, were "rehired."
Car stories are interesting. However, glad I'm not in that business today. Way too much production capacity. I suspect there will be some sort of shakeout, but doubt Ford will go under. Chrysler is a better candidate to just sort of trail off. Mercedes isn't going to carry that mess forever. Just my opinion.
Yep a rising tide lifts all boats..when the unions are all gone we can return to the $1.00 an hour minimum wage and an engineer making $20,000
It will be interesting to see how they will pay for the $250 thousand dollar homes and $50,000 SUV's
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