ANEVOLVE, Asia Investments UK to take 63% stake in APAG, Switzerland based ECU manufacturer On July 30, Asia Investments UK Private Limited and ANEVOLVE Private Limited, the cleantech company of Anand Group, announced that they have reached an agreement in principle to acquire a majority stake in APAG Holding AG (APAG), a Switzerland-based automotive electronics manufacturer, following over a year of discussions and negotiations. APAG specialize...

News  Updated at: 2025/08/01

Renault takes full control of Chennai plant in India, acquires Nissan’s 51% stake in RNAIPL On August 1, Renault Group announced it had acquired Nissan’s remaining 51% stake in their joint manufacturing company, Renault Nissan Automotive India Private Ltd (RNAIPL), making Renault the sole owner of the Chennai plant. With this acquisition, RNAIPL will now be fully consolidated into Renault Group’s financial statements. Renault stated that th...

News  Updated at: 2025/08/01

Toyota Sakarya plant to suspend operations for maintenance from August 4 to August 16, 2025 On July 31, multiple sources reported that Toyota Automotive Manufacturing Turkey (TMMT) will suspend operations at its Sakarya factory from August 4 to 16, 2025, to carry out maintenance and overhauls on the facility’s production lines. The temporary shutdown will impact the production. Toyota usually plan such breaks well in advance and manage their pr...

News  Updated at: 2025/08/01

Airtificial, Spain secures EPS assembly line contract, Expands operations with new facility in China On July 31, Airtificial announced that it had secured a new high-tech project contract from one of the world’s leading Tier 1 automotive companies, further strengthening its position in the automation solutions for automotive market. The contract, valued at EUR 1.8 million, includes the design, manufacturing, assembly, commissioning, and turnke...

News  Updated at: 2025/08/01

Renault Group’s operating profit down 24.8% to EUR 1.65 billion in H1 2025 On July 31, Renault Group reported that its H1 2025 revenue increased 2.5% YoY to EUR 27.6 billion from H1 2024. The automotive revenue increased 0.5% YoY to EUR 24.5 billion from H1 2024. For Renault Group, the operating profit for H1 2025 is EUR 1.65 billion (i.e., 6.0% of revenue) decrease by 24.8% compared to EUR 2.2 billion (i.e., 8.1% of revenue) in H1 2024. The Au...

News  Updated at: 2025/07/31

Yute South East Asia Machinery, China breaks ground on new auto parts facility in Rayong, Thailand Announced on July 25, 2025, Yute South East Asia Machinery Manufacturing Co., Ltd., held the groundbreaking of its new production facility in Rayong, Thailand, which took place on July 21.  A leading Chinese supplier of automotive components, such as wheel hubs and precision rings, has secured land for the project through an agreement with WHA Indu...

News  Updated at: 2025/07/31

Nemak announces agreement to acquire GF Casting Solutions’ automotive business On July 30, Nemak, S.A.B. de C.V. announced that it has entered into a definitive agreement to acquire the automotive business of Swiss-based GF Casting Solutions.  GF Casting Solutions automotive business will bring advanced expertise in the design and manufacturing of high-complexity structural components made from aluminum and magnesium– materials. The acquisit...

News  Updated at: 2025/07/31

KAMAZ, Russia to launch robotics development center for automotive industry On July 29, KAMAZ announced that it has signed an agreement to establish a specialized Center for the Development of Robotics in the Automotive Industry. The agreement was signed between PJSC KAMAZ, Robot Corporation (Element Group), and Eidos Robotics. The center will focus on developing, testing, and improving industrial robots to help automate automotive factories and ...

News  Updated at: 2025/07/30

South Africa to support automotive industry to increase production and employment On July 28, the President of South Africa stated that the exports currently account for approximately two-thirds of local vehicle production. However, the introduction of stricter vehicle emissions regulations in leading export destinations such as the European Union, as well as new tariffs from the United States, is expected to have a significant impact on the sect...

News  Updated at: 2025/07/29

NCSP discusses investment with Chinese companies in mining and EV sectors in Nigeria On July 26, multiple sources reported that the Nigeria-China Strategic Partnership (NCSP) held a meeting with Yangtse Automotive Group to discuss investment opportunities in mining and electric vehicle (EV) manufacturing in Nigeria. Yangtse Automotive will submit a formal expression of interest to the NCSP, detailing proposed areas of collaboration. The NCSP will...

News  Updated at: 2025/07/29

BMW Brilliance, CDT to establish JV for green electricity On July 24, BMW Brilliance Automotive Limited (BMW Brilliance) signed a strategic cooperation agreement on the establishment of a green automotive industrial chain with China Datang Corp., Ltd. (CDT). Under the agreement, the two companies will establish a green electricity joint venture (JV) for the development of a 1 million kW onshore wind power generation project to complement BMW Bril...

News  Updated at: 2025/07/29

Thailand-Cambodia military conflicts force parts suppliers to change delivery methods, secure expatriates’ safety, and take measures if situation is prolonged Following military conflicts at the border between Thailand and Cambodia, automotive companies with manufacturing sites in the area are taking measures such as changing transportation methods and reorganizing their supply chains. Denso Corporation (Denso) is utilizing air freight to avoid...

News  Updated at: 2025/07/29

ociation (ACEA) issued a statement welcoming the EU-US tariff agreement in principle. ACEA said that the agreement takes an important step towards easing the intense uncertainty surrounding transatlantic trade relations in recent months. However, the US will retain higher tariffs on automobiles and automotive parts, and this will continue to have a negative impact not just on industry in the EU but also in the US. At this stage, many elements of ...

News  Updated at: 2025/07/28

in late 2026. They initially plan to deploy these shuttles in partnership with airports and cities. Riders will be able to book a ride on one of these autonomous shuttles directly through the Lyft platform. These vehicles will be equipped with Mobileye autonomous technology. They will also focus on manufacturing and integration services, where BENTELER's expertise will help to integrate AV technologies into existing platforms at scale and with au...

News  Updated at: 2025/07/28

Suez Canal Economic Zone, Egypt holds meeting with Lynk, Chinese component manufactures On July 23, the Suez Canal Economic Zone (SCZONE) announced that its delegation had travelled to the Chinese province of Zhejiang. They visited a plant of the Lynk & Co factory in Ningbo to localize the automotive industry and to learn about modern technology in car manufacturing. The delegation also participated in a roundtable organized by the Foreign Affair...

News  Updated at: 2025/07/25

Denso Corporation, Japan to set up INR 2.5 billion motor generator plant in Uttar Pradesh, India On July 24, a delegation from Uttar Pradesh, led by the Principal Secretary (Infrastructure and Industrial Development), along with representatives from Invest UP, visited Denso’s global headquarters in Kariya, Japan. During this visit, they announced that Denso Corporation, a Japanese automotive component manufacturer, will invest INR 2.5 billion t...

News  Updated at: 2025/07/25

STMicroelectronics to acquire NXP’s MEMS sensors business On July 24, STMicroelectronics (ST) announced that it is strengthening its global sensors capabilities with the planned acquisition of NXP Semiconductors’ MEMS sensors business. The MEMS sensors portfolio to be acquired by ST primarily targets automotive safety sensors, both passive (airbags) and active (vehicle dynamics), as well as monitoring sensors (TPMS, engine management, conveni...

News  Updated at: 2025/07/25

ensile strength, impact resistance, water absorption, and cost. Using Multi-Criteria Decision-Making (MCDM) analysis, the formulation using bio-based epoxy “FormuLite” was identified as the most balanced and high-performing option. Priced at INR 4,300 per kilogram, the composite is suitable for automotive components like dashboards, door panels, and seat backs. The research team is now conducting a full life cycle assessment and exploring ind...

News  Updated at: 2025/07/25

vehicles and parts to qualify for tariff benefits. The Technical Barriers to Trade chapter promotes mutual recognition of vehicle safety and environmental standards to facilitate streamlined cross-border certification. On the export front, UK will reciprocate with a phased liberalisation for Indian automotive exports, including passenger cars, commercial vehicles, and components. These provisions aim to support mutual market access while protecti...

News  Updated at: 2025/07/25

% to USD 1.2 billion, on revenue of USD 22.5 billion, down 11.8% from the same period in 2024. Operating income fell 42.5% to USD 923 million, resulting in a 4.1% operating margin, and adjusted EBITDA was down 7.4% to 3.4 billion in Q2. The company noted its decline in Q2 due in great part to lower automotive deliveries, and reduced vehicle average selling price, but other factors along its line of products and services. •    Automotive sales...

News  Updated at: 2025/07/25