Automotive
There is a "warm atmosphere" within the Renault-Nissan alliance and a deal regarding its future will be announced "in due time", the French carmaker's chairman said Tuesday.
Nov 15, 2022
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3
Business
A Chinese joint venture producing Jeep SUVs for Stellantis will file for bankruptcy, the European carmaker said Monday, after its chief executive complained earlier this month political tensions with the West were affecting ...
Oct 31, 2022
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5
Automotive
General Motors' third-quarter net profit rose 36.6% as vehicle sales began to rebound from persistent supply chain troubles.
Oct 25, 2022
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15
Automotive
Indonesia is preparing to start Southeast Asia's first high-speed rail service that will cut travel time between two cities from the current three hours to about 40 minutes.
Oct 13, 2022
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62
Business
Vodafone on Monday confirmed it was in talks over merging its UK operations with rival Three UK, owned by Hong Kong-based CK Hutchison.
Oct 3, 2022
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17
Building construction has begun at the future site of a factory where Ford and a South Korean company have joined forces to build electric trucks and batteries in rural west Tennessee, officials said Friday.
Sep 23, 2022
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4
Business
Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.
Sep 14, 2022
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8
Business
United Auto Workers union members who went on strike Saturday at a Stellantis casting plant in Indiana are returning to work after ratifying a deal with the company.
Sep 13, 2022
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3
Automotive
Toyota is investing 730 billion yen ($5.6 billion) in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Wednesday.
Aug 31, 2022
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3
Automotive
A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
Jul 26, 2022
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8
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
This text uses material from Wikipedia, licensed under CC BY-SA
