Connected by Passion

Dongfeng Motor and Nissan have a 50-50% joint venture called Dongfeng Motor Company. Chery and Israel Corporation has a joint venture called Qoros, both companies hold a 50-50% stake. Changan Automobile and Ford have a 50-50% joint venture called Changan Ford. BMW owns a 50% stake, Brilliance owns a 40.5% stake, and the Shenyang municipal government owns a 9.5% stake. Beijing Automotive Group has a joint venture with Daimler called Beijing Benz, both companies hold a 50-50% stake.

• Other potentially powerful automotive markets are Iran and Indonesia.Emerging automobile markets already buy more cars than established markets.
• Valmet