Fiat exec Marchionne signed an agreement with Guangzhou Automobile Group to produce cars in a joint venture beginning in the second half of 2011 as the Italian automaker seeks to expand its position in the growing Chinese market.
The joint venture plans to produce the Linea sedan as well as two engines in China. The plant will produce 140,000 and 220,000 engines a year.
Chinese Fiats
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pope
Re: Chinese Fiats
All companies that want to manufacture products in China MUST be a 50/50 joint venture with the Chinese government. They then use the technology that you bring and incorporate it into their other companies to shorten their development costs. Its legal espionage. Companies figure its the price of doing business in China. 50% of the profits, and trade secrets is kind of a high cost of doing business.
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narfire
- Posts: 3959
- Joined: Sat Dec 27, 2008 2:14 am
- Your car is a: 1980 124 spider
- Location: Naramata B.C.
Re: Chinese Fiats
Was'nt that something that when you added water it grew geen stuff... rice perhaps?So Cal Mark wrote:Chiat?
80 FI spider
72 work in progress
2017 Golf R ( APR Stg. 1)
2018 F350 crew long box
72 work in progress
2017 Golf R ( APR Stg. 1)
2018 F350 crew long box