PSA Plans Second Joint Venture in China
31 Jul 2009, 13:54 UTC · By: Bogdan Popa / PSA continues its global expansion with a new mission: the French alliance wants to form a new joint venture in China. The second one, to be more specific... According to The Financial Times, PSA Pe...
Aabar Buys Part of Daimler's Tesla Stake
13 Jul 2009, 10:16 UTC · By: Daniel Patrascu / The tie-up between Arab investment fund Aabar and German manufacturer Daimler grows even stronger, as the fund plans to further increase the joint ventures with the Germans. This time, Aabar has pur...
Renault Signs Deal with Dassault Systemes
29 Jun 2009, 13:09 UTC · By: Bogdan Popa / Renault is continuously looking to sign new agreements and form new partnerships that would support the company's enthusiastic goals for the short-term plans. After revealing numerous zero emis...
Toyota May Buy NUMMI
3 Jun 2009, 10:45 UTC · By: Daniel Patrascu / Being one of the most important players in the automotive industry, GM is poised to influence through its actions the fate of many automotive players. Since its bankruptcy, fears of the ripple effec...
The Porsche Wars: Playing Dirty
13 May 2009, 16:05 UTC · By: Daniel Patrascu / The twisted tale Porsche finds itself wrapped in these days takes another turn today with rumors surfacing that the company has manipulated the market as it attempted to take over Volkswagen back in...
Brembo and SGL Seek Joint Venture
2 Apr 2009, 14:45 UTC · By: Daniel Patrascu / Italian brake manufacturer Brembo and SGL Group of Germany are holding talks regarding sharing costs related to the development of carbon ceramic break discs, as part of the two companies plan to de...
Pininfarina to Get New Owner, Focus on Electric Cars
24 Mar 2009, 10:32 UTC · By: Daniel Patrascu / The increasing debt the Italian car design/engineering company finds itself in will force the firm to sell the stake Pincar, the group's family holding company, has in Pininfarina. In agreement...
Daimler and BMW Seek Cross Ownership
9 Mar 2009, 08:17 UTC · By: Daniel Patrascu / As we reported in mid-February, two of Germany's premium car manufacturers intend to enhance the cooperation between them to help cope with the crisis. Daimler and BMW, the two companies in que...