LCV joint ventures.(News)(Light Combat Vehicle, DaimlerChrysler AG, Volkswagen AG)(Brief Article)

Automotive News Europe,  May, 2004  

• E-mail
• Print
• Link

Automakers such as Volkswagen and DaimlerChrysler, which are rivals in the passenger car market, are very willing to cooperate in light commercial vehicle joint ventures.

The reason is that light commercial vehicle sales volumes are relatively low, so automakers can make big economies-of-scale savings through joint ventures.

D/C will produce the next-generation VW LT van under contract at its plant in Ludwigsfelde, Germany.

Philip Rosengarten, a senior analyst at Global Insight, said cooperation in the light commercial vehicle sector makes sense for competitors such as D/C ...

Read the rest of this article with a Free Trial at HighBeam Research.