Company relationships

Date: 2015-10-07; view: 436.

It is common for automobile manufacturers to hold stakes in other automobile manufacturers. These ownerships can be explored under the detail for the individual companies.

Notable current relationships include:

· Daimler AG holds a 20% stake in Eicher Motors, a 10.0% stake in KAMAZ, a 10% stake in Tesla Motors, a 6.75% stake in Tata Motors and a 3.1% in the Renault-Nissan Alliance.

· Dongfeng Motor Corporation is involved in joint ventures with several companies around the world, including: Honda (Japan), Hyundai (South Korea), Nissan (Japan), Nissan Diesel (Sweden), and PSA Peugeot Citroen (France).

· Fiat holds a 90% stake in Ferrari and a 61.8% stake in Chrysler.

· Ford Motor Company holds a 3% stake in Mazda and an 12.1% share in Aston Martin.

· Geely Automobile holds a 23% stake in Manganese Bronze Holdings.

· General Motors holds a 7% stake in PSA Peugeot Citroen, Shanghai Automotive Industry Corporation (SAIC) have two joint ventures in Shanghai General Motors and SAIC-GM-Wuling Automobile. Both also hold an equal 50% stake in General Motors India Private Limited. And General Motors holds a 94% stake in GM Korea and SAIC Group holds a 6% stake.

· Hyundai Kia Automotive Group holds a 33.99% stake in Kia Motors,^[28] down from the 51% that it acquired in 1998.

· MAN SE holds a 17.01% voting stake in Scania.

· Porsche Automobil Holding SE has a 50.74% voting stake in Volkswagen Group. The Porsche automotive business is fully owned by the Volkswagen Group.

· Renault and Nissan Motors have an alliance( Renault-Nissan Alliance ) involving two global companies linked by cross-shareholding, with Renault holding 44.3% of Nissan shares, and Nissan holding 15% of (non-voting) Renault shares. The alliance holds a 3.1% share in Daimler AG.

· Renault holds a 25% stake in AvtoVAZ and 20.5% of the voting stakes in Volvo Group.

· Toyota holds a 51% stake in Daihatsu, and 16.5% in Fuji Heavy Industries, parent company of Subaru.

· Volkswagen Group holds a 37.73% stake in Scania (68.6% voting rights), and a 53.7% stake in MAN SE (55.9% voting rights). Volkswagen is integrating Scania, MAN and its own truck division into one division.Volkswagen Group has a 19.9% stake in Suzuki, and Suzuki has a 5% stake in Volkswagen.

· Paccar inc. has a 19% stake in Tatra.