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Volvo Group and Eicher Motors has a 50-50% joint venture known as VE Commercial Vehicles. Tata Motors also fashioned a joint venture in India with Fiat and gained entry to Fiat’s diesel engine know-how. Sollers JSC is involved in joint ventures with Ford and Mazda to supply vehicles. PSA and CK Birla Group have a 50-50% three method partnership referred to as PSA AVTEC Powertrain Pvt. PSA and Toyota have a 50-50% joint venture called Toyota Peugeot Citroën Automobile Czech. Isuzu and General Motors has a 50-50% three way partnership known as Isuzu Truck South Africa.
- Manufacturers are competing to develop the