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Because the 1920s, practically all automobiles have been mass-produced to fulfill market wants, so advertising plans often have heavily influenced automobile design. It was Alfred P. Sloan who established the concept of various makes of cars produced by one firm, known as the Basic Motors Companion Make Program , so that buyers might “move up” as their fortunes improved.
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Chery and Israel Company has a three way partnership called Qoros , each firms hold a 50-50% stake. Tata Motors also formed a three way partnership in India with Fiat and gained access to Fiat’s diesel engine know-how. Tata Motors and Marcopolo have a three way partnership called Tata Marcopolo , where Tata owns fifty one% and Marcopolo owns forty nine%.