FAW Group and General Motors has a joint venture called FAW-GM. Dongfeng Motor and PSA Group have a 50-50% joint venture called Dongfeng Peugeot-Citroën. Mercedes-Benz Group and Geely Holding Group have a joint venture called look at this site smart Automobile, each firms maintain a 50-50% stake. Mercedes-Benz Group and BYD Auto have a joint venture known as Denza, each firms hold a 50-50% stake.