A couple of new connections for the Automotivefamily.com have come up this week. One is an agreement between VW and GAZ of Russia. VW will build VW and Skoda cars at the GAZ plant in Nizhny Novgorod. Second connection is that Spyker has sold its sportscar building to CCP Global Holdings. The deal will help [...]

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Time to update the Automotive Family Tree. BMW and PSA (Peugeot-Citroen) have just announced a joint-venture deal to develop and produce hybrid components and software. This is a 50-50 partnership called BMW Peugeot Citroen Electification, and will help cut supply costs.
Source: autonews.com

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