Tata Motors additionally fashioned a joint venture in India with Fiat and gained access to Fiat’s diesel engine expertise. FAW Group has a three way partnership with Volkswagen Group called FAW-Volkswagen. Dongfeng Motor has a three way partnership with AB Volvo called Dongfeng Nissan-Diesel.
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Dongfeng Motor has a 50-50% joint venture with Honda known as Dongfeng Honda. Changan Automobile has a three way partnership with Suzuki , each hold a 50-50% stake.
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By comparability Mazda bought 279,000 automobiles within the U.S. final year, up zero.19% from a yr earlier. Those figures had been down almost 10% from the 12 months before, but Hyundai nonetheless had a 4.27% market share.