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.

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