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After 20 years cooperating, the Volkswagen Group and its Chinese joint venture partner First Automotive Works (FAW) are extending their present partnership for a further 25 years, until 2041.
Read More →Renault and Nissan announced that four functions will be integrated through the automakers' operational alliance to create 4.3 billion euros (or $6 billion) in annual synergies by 2016.
Read More →Smith Electric Vehicles, a producer of all-electric medium-duty commercial vehicles, announced that it has signed a letter of intent to form a joint venture with Taikang Technology Corporation in Taiwan.
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