How a German-Saudi venture survives the oil crunch
Article Abstract:
Saudi Arabia's National Automobile Industry Co. Ltd. is perceived as the shining example in the country of the successful combination of Western technology and local capital, but falling oil revenues have resulted in a reduction in construction of and demand for heavy-duty trucks. However, the economic decline that would have closed many such companies is being weathered by NAI because of the commitment it has received from Daimler-Benz AG of West Germany, which has a 26 percent interest in the company. Daimler-Benz sees the joint venture as a way to guarantee itself a share of the heavy-duty truck market in the area, and the Juffali Group, which owns the remaining 74 percent, is committed to make the company a private sector success.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1984
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It's a deal, comrade
Article Abstract:
A West German machine tool manufacturing company has recently signed an innovative joint venture with the Soviet Union. Under the terms of the agreement, two $2.5 million factories will be built in Moscow and St. Georgen, a small town in Germany's Black Forest region. The Soviet Union will own 60 percent of the Moscow operation, and the German company, Heinemann, will own 50 percent of the German plant. The idea behind the joint venture has been to combine German technology and managerial expertise with low USSR labor costs. The joint venture will also give the manufacturer access to the Soviet domestic market. The agreement is notable for its innovative solutions to the problems of transferring profits from East to West.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
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Detroit's new mentors in managing Americans - the Japanese
Article Abstract:
General Motors and Toyota have formed a manufacturing joint venture known as NUMMI (New United Motor Manufacturing Inc.) with its initial factory near San Francisco. Similarly, Honda, Mazda and Nissan have begun operating assembly and manufacturing plants in the U.S. NUMMI, using Japanese management techniques despite its UAW trade union agreement, is estimated to be twice as productive as the standard U.S. auto plant. At NUMMI, 2,500 workers make 900 Chevrolet Novas each day; a standard American plant would require 5,000 employees to reach this production level. Personnel management techniques and policies employed at NUMMI are briefly discussed, as are future U.S. plans for Japanese auto makers.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1986
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