CORRECTED - FACTBOX-Key tie-ups between major automakers
(Corrects the Reuters Instrument Code for Mitsubishi Motors in ninth paragraph of story transmitted on March 23, adds new details in seventh paragraph)
March 23 (Reuters) - Nissan Motor Co (7201.T) is in talks with Daimler AG (DAIGn.DE) to procure large engines from the German group, the Nikkei business daily said on Tuesday. [ID:nLSGE62L0JV]
Here is a list of key strategic tie-ups between major automakers in the last decade:
Oct. 2002 - General Motors Corp [GM.UL] and Ford Motor Co (F.N) joined forces in an unprecedented alliance to develop a new 6-speed transmission. GM and Ford agreed to share a common design, engineering and testing of the transmission.
Feb. 2004 - Mazda Motor Corp (7261.T) announced a tie-up with Toyota Motor Corp (7203.T) in the telematics field. Telematics services provide updated information on traffic conditions and other services via terminals similar to car navigation systems.
Oct. 2005 - Ford Motor Co and PSA Peugeot Citroen (PEUP.PA) announced a plan to invest 332 million euros ($447.6 million) in two new diesel engines. They expect to make 200,000 of each new engine annually at plants in Britain and France, with total diesel engine production under the plan to hit 3.7 million in 2010.
Nov. 2005 - Ford and Fiat (FIA.MI) signed a deal to develop a platform for small cars in Europe. The two vehicles are a new Fiat 500 and a replacement for the Ka in Europe, with much of the work handled by Fiat's plant in Poland.
Dec. 2005 - Fuji Heavy Industries Ltd (7270.T), the maker of Subaru cars, dissolves tie-up with 20 percent owner General Motors. Toyota Motor buys park of the stake held by GM. Jan. 2006 - DaimlerChrysler and Volkswagen (VOWG_p.DE) reached an agreement under which U.S.-based Chrysler [CCMLPC.UL] will manufacture minivans for the German rival.
Feb. 2006 - Malaysian carmaker Proton and Japan's Mitsubishi Motors Corp. (7211.T) revived their old alliance. The partnership with MMC, a former Proton shareholder that helped the state-controlled firm make its first cars two decades ago, will be restricted to technology.
Aug. 2006 - GM, BMW (BMWG.DE) and DaimlerChrysler entered into a research alliance to invest over $1 billion in the development of a new hybrid transmission and related systems.
Nov. 2006 - Toyota Motor Corp bought a 5.9 percent stake in Japanese truck maker Isuzu Motors Ltd. (7202.T) for 44 billion yen ($486.7 million) as part of a broad tie-up to develop low-emission diesel and other engines.
July 2009 - Porsche (PSHG_p.DE) concedes defeat in power struggle with Volkswagen, paving the way for the carmakers to merge by 2011.
August 2009 - Nissan and Chrysler end cooperation deal on pickup trucks, a small vehicle for global markets and a compact sedan for South America.
Sept. 2009 - Japan's Mitsubishi Motors Corp signed a contract for a previously announced tie-up with France's Peugeot-Citroen in electric vehicles. The carmakers agreed to cooperate in developing and marketing electric cars. Mitsubishi Motors will supply electric cars to Peugeot-Citroen.
Dec. 2009 - Volkswagen bought a one-fifth stake in Suzuki Motor Corp (7269.T) for $2.5 billion as part of an alliance between the two automakers, tapping the Japanese group's expertise in small cars and dominance in India. (Writing by Carl Bagh, Bangalore Editorial Reference Unit; Editing by David Cutler and Sharon Lindores) ($1=.7417 Euro) ($1=90.40 Yen)
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