Joint Ventures Between Automotive Companies - The Future?

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Due to the diversity of companies and industrial groups in the automotive sector, experiences of the recession have varied widely. In spite of the unpredictable nature of this dynamic industry, a clear trend has emerged in recent years towards companies of all types forming joint ventures to spread the risk of new commercial strategies in these uncertain times. This article explores the market conditions that are prompting companies to join forces and the legal considerations to bear in mind when embarking on a new joint venture.

Contact Pitmans Solicitors for further information: www.pitmans.com

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Susan Maloney | Attorney Advertising

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