Showing posts with label joint venture. Show all posts
Showing posts with label joint venture. Show all posts

Wednesday, January 23, 2013

Toyota close to licensing deal with BMW for fuel cell technology

Toyota FCV-R Concept: Tokyo 2011 Photos Photos

For over a year now, we've been hearing about a potential partnership between Toyota and BMW on everything from sports cars to lithium-ion batteries, but one of the first cooperative projects between these two automakers could bring Toyota's hydrogen fuel cell technology to a BMW vehicle. Reuters is reporting that an announcement is likely to be made as soon as later this week regarding a BMW fuel cell vehicle that could be in production by 2020 with a prototype running around by 2015.

Thursday, January 10, 2013

Volkswagen Wants to End Van-Building Deal With Mercedes-Benz

Volkswagen Wants to End Van-Building Deal With Mercedes-Benz
If you may not have noticed, when looking at the Mercedes-Benz Sprinter and the Volkswagen Crafter, but the two commercial vehicles are very much identical, and the only things that differ are the front fascias, engines and badging.

This is no accident, as the two automakers are in an agreement to build both vans in the same place and the same way, in order to save money. However, now Volkswagen has announced that the next Crafter van will be a vehicle of their own creation.

The Wolfsburg automaker is now looking to team up with MAN, as they also hold a majority stake in the company, which also specializes in the design and building of commercial vehicles, albeit of a much larger size. Volkswagen also want better integration of the range of commercial vehicles MAN offers into its own, in order to simplify and streamline that side of their business.

They have not yet announced what exactly is set to happen, but since the van-building joint venture runs until 2016, they have plenty of time to prepare the grounds for their in-house developed Crafter.

Via worldcarfans.com

Thursday, January 3, 2013

All-New Ford Mondeo Arrives in China in May

All-New Ford Mondeo Arrives in China in May

While the Europeans still have to wait for the all-new Ford Mondeo to arrive in its natural home market, it seems that they will be the third major market to get it, after the Americans, and now the Chinese. The rebadged Fusion will enter production in China, and will be built by the Chang’an-Ford joint venture.