Joint Ventures
Nanjing Auto has had at least two joint ventures with the Italian automaker Fiat. A 50/50 joint venture set up in 1999, but that collapsed sometime in 2007 and Naveco, a joint venture with Fiat's commercial vehicles unit, Iveco, established in 1996.
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Famous quotes containing the words joint and/or ventures:
“Let me approach at least, and touch thy hand.
[Samson:] Not for thy life, lest fierce remembrance wake
My sudden rage to tear thee joint by joint.
At distance I forgive thee, go with that;
Bewail thy falsehood, and the pious works
It hath brought forth to make thee memorable
Among illustrious women, faithful wives:
Cherish thy hast’n’d widowhood with the gold
Of Matrimonial treason: so farewel.”
—John Milton (1608–1674)
“If one ventures a word with you, will you be offended? But who can keep from speaking?”
—Bible: Hebrew, Job 4:2.
Eliphaz, one of Job’s “comforters,” to Job.