In Canada,General Motors and Suzuki have entered into an agreement to create CAMI Automotive. Suzuki management runs the plant,which makes GM's Geo cars. The agreement gives Suzuki access to GM dealers to sell its brand of vehicles. What kind of agreement do General Motors and Suzuki have?
A)a licensing agreement
B)a subsidiary arrangement
C)a cooperative contract
D)a joint venture

Question

In Canada,General Motors and Suzuki have entered into an agreement to create CAMI Automotive. Suzuki management runs the plant,which makes GM's Geo cars. The agreement gives Suzuki access to GM dealers to sell its brand of vehicles. What kind of agreement do General Motors and Suzuki have?
A)a licensing agreement  
B)a subsidiary arrangement  
C)a cooperative contract  
D)a joint venture

Quizplus · Accepted Answer

The agreement between General Motors and Suzuki to create CAMI Automotive, where Suzuki manages the plant and has access to GM dealers, is a joint venture.

In Canada,General Motors and Suzuki Have Entered into an Agreement