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Cooperation Manufacturing Plant Aguascalientes
Cooperation Manufacturing Plant Aguascalientes (COMPAS) is a joint venture manufacturing plant between the Mercedes-Benz Group and Nissan based in Aguascalientes, Mexico. The factory was announced in July 2015 as a strategic alliance between the two companies. Both companies invested a total of $1 billion for construction and operation of the manufacturing plant. The production site is located near the Nissan Aguascalientes A2 plant. At the time of its establishment, the plant was targeted to have an initial annual production capacity of more than 230,000 vehicles and was to create about 3,600 direct jobs by 2020. Production of Infiniti vehicles began in 2017, while the first Mercedes-Benz model, the A-Class, rolled off the line in September 2018. The A-Class production at the plant ceased in 2020 to focus on the Mercedes-Benz GLB, caused by the market demand shifting from sedans towards SUVs. Production Current models * Infiniti QX50 (November 2017 – present) * Infini ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aguascalientes
Aguascalientes (; ), officially the Free and Sovereign State of Aguascalientes ( es, Estado Libre y Soberano de Aguascalientes), is one of the 32 states which comprise the Political divisions of Mexico, Federal Entities of Mexico. At 22°N and with an average altitude of above sea level it is predominantly of semi-arid climate (Köppen climate classification, Bhs and Bhk), and it is located in the northern part of the Bajío region, in north-central Mexico, bordered by Zacatecas to the north, east and west, and by Jalisco to the south. As of 2019, Aguascalientes has a population of 1.4 million inhabitants, most of whom live in its capital city, also named Aguascalientes City, Aguascalientes. Its name means "hot waters" and originated from the abundance of hot springs originally found in the area. The demonym for the state's inhabitants is ''hidrocálido'' or ''aguascalentense''. Aguascalientes is one of the smallest states of Mexico, either by population or land, being the 27t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobiles
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, additional features and controls have been added to vehicles, making them progressively more complex. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercedes-Benz Group
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group. The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufactures such as Daimler Truck, Denza, BAIC Motor and Aston Martin. By unit sales, the Mercedes-Benz Group is the thirteenth-l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nissan
, trade name, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands, with in-house performance tuning products (including cars) labelled Nismo. The company traces back to the beginnings of the 20th century, with the Nissan ''zaibatsu'', now called Nissan Group. Since 1999, Nissan has been part of the Renault–Nissan–Mitsubishi Alliance (Mitsubishi joining in 2016), a partnership between Nissan and Mitsubishi Motors of Japan, with Renault of France. , Renault holds a 43.4% voting stake in Nissan, while Nissan holds a 15% non-voting stake in Renault. Since October 2016 Nissan has held a 34% controlling stake in Mitsubishi Motors. In 2013, Nissan was the sixth largest automaker in the world, after Toyota, General Motors, Volkswagen Group, Hyundai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercedes-Benz A-Class
The Mercedes-Benz A-Class is a subcompact car produced by the German automobile manufacturer Mercedes-Benz as the brand's entry-level vehicle. The first generation (internally coded W168) was introduced in 1997, the second generation (W169) in late 2004 and the third generation (W176) in 2012. The fourth generation model (W177), which was launched in 2018, marked the first time the A-Class was offered in the United States and Canada. This fourth generation A-Class is also the first to be offered both as a hatchback (W177) and sedan (V177). Originally manufactured as a five-door hatchback in 1997, the second generation W169 introduced a three-door hatchback. Having grown by since the original model, the 2012 third generation A-class was longer than the first-generation B-class. The A-Class may be referred to colloquially as the 'Baby Benz', a term Mercedes has used for the 1982 Mercedes 190 (W201), their first compact executive car model. __TOC__ First generation (W168; 1997) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercedes-Benz GLB
The Mercedes-Benz GLB (model code X247) is a compact luxury crossover SUV produced by Mercedes-Benz. It was unveiled by the German manufacturer Daimler AG on 10 June 2019 in Park City, Utah. It was previously unveiled as a concept car to the public at the Shanghai Auto Show in April 2019. The GLB is positioned between the GLA and the larger GLC in size, however unlike these vehicles the GLB is equipped with optional third row seating due to better space distribution. The launch date for taking orders began in July 2019. The production commenced at the end of 2019 for the 2020 model year. Overview The GLB uses the same front-wheel-drive MFA2 platform as the W177 A-Class and the H247 GLA, but the wheelbase is longer to give it extra practicality. The result is that at , it is only shorter than a X253 GLC. Mechanically, it has standard all-wheel-drive and an eight-speed dual clutch automatic transmission, and shares its engine lineup with the A-Class. The model adopts a squ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infiniti QX50
The Infiniti QX50, previously the Infiniti EX or Nissan Skyline Crossover until 2013, is a compact luxury crossover SUV produced by Infiniti, the luxury vehicle division of Japanese automaker Nissan. The first-generation QX50 is a minor model update of the EX, while also changing the nameplate to QX50 in line with the marque's new Q and QX nomenclature, which took place for the 2013 (China) and 2015 (United States) model years. The second-generation QX50 entered production in November 2017 as a 2019 model. __TOC__ First generation (J50; 2007) Infiniti EX Infiniti EX Concept (2007) The concept car was unveiled during the 2007 New York Auto Show. It included a surround-view camera (marketed as ''Around View Monitor''), lane departure system, V6 engine, 5-speed automatic transmission, all-wheel-drive, double-arch grille, large L-shaped headlights with adaptive front lighting system (AFS), integrated fog lights, LED taillights and an "arch" profile design. EX35 (2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infiniti QX55
The Infiniti QX50, previously the Infiniti EX or Nissan Skyline Crossover until 2013, is a compact luxury crossover SUV produced by Infiniti, the luxury vehicle division of Japanese automaker Nissan. The first-generation QX50 is a minor model update of the EX, while also changing the nameplate to QX50 in line with the marque's new Q and QX nomenclature, which took place for the 2013 (China) and 2015 (United States) model years. The second-generation QX50 entered production in November 2017 as a 2019 model. __TOC__ First generation (J50; 2007) Infiniti EX Infiniti EX Concept (2007) The concept car was unveiled during the 2007 New York Auto Show. It included a surround-view camera (marketed as ''Around View Monitor''), lane departure system, V6 engine, 5-speed automatic transmission, all-wheel-drive, double-arch grille, large L-shaped headlights with adaptive front lighting system (AFS), integrated fog lights, LED taillights and an "arch" profile design. EX35 (200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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