Joint Venture

Expedia's AirAsia Partnership Is Just the Ticket

Expedia, the world's largest online travel agency, soon will be selling flights, hotel bookings and holiday packages in the world's fastest growing aviation and tourism market, thanks to an exclusive deal with AirAsia. Trefis takes a look at what the deal will mean for both companies.

Nissan, Mitsubishi Team Up to Build New Mini Vehicles

Nissan and Mitsubishi plan to work together to bring some new vehicles to market. The Japanese automakers will establish a joint venture to produce a minicar for the home market by 2012, while Nissan will produce a small van for Mitsubishi, which in turn will make an SUV for Nissan.

British Airways to Begin Joint Venture with American Next Month

British Airways (BAIRY) will begin a joint venture next month on flights across the Atlantic with American Airlines (AMR), after nearly 13 years of planning. The carriers will align their frequent-flier programs, allowing travelers to earn and use miles on the two airlines, Bloomberg News said. They will coordinate their schedule in 2011, then add new destinations in the U.S. and Europe.

Tesla Preparing to Ship Electric Car Prototypes to Toyota

Toyota Motor's recent $50 million investment in electric-car upstart Tesla Motors is already paying dividends. Tesla reportedly will ship two prototypes, based on Toyota's RAV4 sport utility vehicle and Lexus RX crossover, to the Japanese automaker later this month.

As Toyota Joins With Tesla, Alternative Fuels a Major Focus

Toyota, maker of the popular Prius hybrid, is preparing to move into other alternative-fuel technologies such as hydrogen fuel-cells and biofuels. Its recent large investment in Tesla Motors is just the first such partnership the world's largest automaker is pursuing.