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Mercedes and BMW plan alliance
Mercedes and BMW plan alliance
Today, the German press reports that Mercedes and BMW plan an alliance, in which each will get 7% of the other's shares. To get over the economic crisis, BMW will receive 7% of Daimler’s shares and Daimler will get 7% of BMW's shares. This exchange will help both companies sustain their current projects.... More »
Fiat Chrysler alliance
Fiat Chrysler allianceFiat Group and Cerberus Capital Management L.P., the majority owner of Chrysler LLC have announced today a Fiat Chrysler alliance after signing a non-binding term sheet. This alliance will provide Chrysler access to fuel-efficient vehicle platforms and powertrains. these will be produced at Chrysler's... More »
Mercedes Hazelton Hotel Alliance
Mercedes Hazelton Hotel AllianceDaimler announced today a Mercedes Hazelton Hotel alliance to improve the marketing of both brands. The Hazelton Hotel opened in August 2007 in Toronto’s Yorkville and at that time was the only five-star hotel rating in the city. Mercedes and Hazelton Hotel will offer benefits to the customers of both... More »
Jaguar and Land Rover alliance with Young Presidents Organization
Jaguar and Land Rover alliance with Young Presidents OrganizationFord announced that Jaguar North America and Land Rover North America formed an alliance with Young Presidents’ Organization which is the world’s largest network of global business leaders. Ford Press Release: JAGUAR and LAND ROVER FORM EXCLUSIVE ALLIANCE WITH THE PRESTIGIOUS YOUNG PRESIDENTS’... More »
BMW and Acer alliance
BMW and Acer allianceBandwagons are for jumping on, and this one's carrying laptop computers branded by automakers. Ferrari's was among the first, then Lamborghini jumped on board, and more recently we've seen Koenigsegg and Maybach follow suit. Not to be left out, reports are surfacing that BMW has teamed up with Acer to... More »
Automakers aftermarket alliance
Automakers aftermarket allianceFigures show that sales of aftermarket parts increased by 9% in 2006 to a whopping $34 billion, according to the Specialty Equipment Aftermarket Association (SEMA). Drivers are "ping their ride" with such aftermarket items as spinning wheel rims, leather seats, and spoilers and automakers are finding... More »
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