FAW Group has a three method partnership with Volkswagen Group known as FAW-Volkswagen. Dongfeng Motor has a joint venture with AB Volvo called Dongfeng Nissan-Diesel. Volkswagen Group holds a 37.73% stake in Scania (68.6% voting rights), a 53.7% stake in MAN SE (55.9% voting rights), Volkswagen is integrating Scania, MAN and its personal truck division into one division. Toyota holds a 16.7% stake in Subaru Corporation, mother or father firm of Subaru. Renault and Nissan Motors have an alliance (Renault-Nissan Alliance) involving two international companies linked by cross-shareholding, with Renault holding forty three.4% of Nissan shares, and Nissan holding 15% of (non-voting) Renault shares.
Since it first supplied ball bearings to the Japanese market in 1916, NSK has broadened its range and contributed to all totally different fields of trade. In explicit, the company targeted on and moved into the automotive products area at an early stage. Placing an emphasis …