#Partnerships

Ford and Mahindra are strengthening their strategic alliance after the two companies signed five memoranda of understanding.

Despite posting its first profits in eight years, Aston Martin is looking for a “big brother” partner.

Scion’s latest sedan is made by Mazda, while Mercedes’ latest EV uses Tesla technology. BMW and Toyota are also working on a new sports car together. Automakers all over the world are collaborating on new products, but why?

It’s no secret that the upcoming Corporate Average Fuel Economy targets, whereby all automakers who sell vehicles in the US, must achieve 35.5 miles per gallon as a fleet average between now and 2016 and  54.5 mpg for cars and light trucks by 2025, represent a formidable hurdle.

With the push toward electric vehicles appearing to gather momentum, General Motors has announced that it’s partnering up with Korean electronics giant LG Corporation to develop a new range of EVs. This expands an existing relationship between the two companies, whereby LG has been involved on battery development for the Chevy Volt and its Euro market counterpart the Opel/Vauxhall Ampera.