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In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
The Motor & Equipment Manufacturers Association (MEMA) was founded in 1904. MEMA represents more than 1,000 companies that manufacture motor vehicle components and systems for the original equipment and aftermarket segments of the light vehicle and heavy-duty motor vehicle manufacturing industry in the United States.
In August 1972, the group changed its name to the Motor Vehicle Manufacturers Association, [13] to reflect the growing importance of truck makers. [14] A major issue then developed over whether foreign-owned automakers with operations and in some cases manufacturing within the U.S. could join the group. [ 15 ]
In 2015, Navistar Defense reported $203 million in sales. The 2015 military sales primarily consisted of refurbishment and upgrades of government-owned MaxxPro vehicles to "like new" condition, upgrade kits, spare parts, [12] and technical support services. The company projected 2016 sales to be slightly higher than 2015 due to a recent new ...
One of the first Sino-western joint venture auto-making companies, [38] Guangzhou Peugeot Automobile Co. Ltd. was a joint venture set up by PSA Peugeot Citroën and the Guangzhou Municipal government between 1985 [39] and 1997. [38] Over its eleven-year lifespan, [40] the company produced about 100,000 cars. [40]
After World War Two, the UK car industry was finding it difficult to export to countries where it formerly had little trouble finding markets for its wide range of cars. It was decided by the government to pool the research resources of UK car manufacturers into one site to reduce costs and possibly find new technological advances sooner that ...
The association helps its members formulate and defend positions against legislation and regulations that make participation in the US market more costly or difficult for automakers. In 1994, the association filed an amicus brief in support of a successful appeals decision against the classification of the Nissan Pathfinder as a cargo vehicle.
The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.