Why so many vehicle manufacturers are now acting in joint ventures?
Public Comments
1. survival
2. Research and development to come up with new technologies required to meet future Government regulations costs many millions of dollars. The individual car companies have realized that they can save money by pooling their resources and working together to find new ways of doing things.
Once the new technologies have been developed to commercial standards, then the individual companies can go their own way in implementing this new tech into their products.