# DRiV (Tenneco) forms strategic partnership with New Carzone in China

DRiV, a Tenneco business, signed a strategic cooperation agreement with New Carzone, a Chinese aftermarket channel and retail service company, to expand both companies' businesses in the China aftermarket. The announcement was made on June 25, 2019.

- Type: Partnership
- Announced: 2019-06-25
- Where: Nanjing, China, China
- Status: completed
- Products: automotive aftermarket products and services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tenneco](https://endata.com/companies/13375.md) (investor)
- [DRiV Incorporated](https://endata.com/companies/37341.md) (partner)
- [New Carzone](https://endata.com/companies/40230.md) (partner)

## Sources

- [tenneco.com](https://www.tenneco.com/news-and-features/newsroom/archive/2019/06/driv-forms-strategic-partnership-with-new-carzone-china), 2019-06-25: "We are extremely excited about our strategic partnership with New Carzone and strongly believe the combination of our strengths will enable both parties to grow by supporting the development of the aftermarket in China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.