Webasto to acquire 30% stake in Chinese joint venture with Zhejiang Fujia Technology Webasto SE (Webasto) has signed an agreement to acquire a 30% stake in a newly established joint venture with Chinese glass manufacturer Zhejiang Fujia Technology (FJT). The partnership aims to jointly develop and produce Fixed Transparent Modules (FTMs), fixed glass roof systems, for the fast-growing Chinese market. It combines Webasto’s expertise in vehicle r...

News  Updated at: 2026/05/27

approximately INR 17.5 billion in FY 2026-27 (ending March 31, 2027), comprising around INR 6.5 billion towards sustaining capex and around INR 11 billion towards growth capex and land acquisition. Based on the expansion plans announced or under consideration by its customers, Uno Minda may need to acquire additional land in Chhatrapati Sambhaji Nagar (CSN), Hosur, and Gujarat. Apart from land investments, capex will mainly support ongoing and an...

News  Updated at: 2026/05/26

Geely Auto to fully acquire Radar Auto, its operations outside of China On May 15, Geely Automobile Holdings Ltd. (Geely Auto) announced on the Hong Kong Exchanges and Clearing Limited (HKEX) two upcoming acquisition transactions. -          Zhejiang Jirun Automobile Co., Ltd. (Zhejiang Jirun) and Zhejiang Geely Holding Group Automobile Sales Co., Ltd. (Geely Sales) will acquire the entire equity interests in Radar Automobile (Shandong) ...

News  Updated at: 2026/05/21

KDDI to enter autonomous driving mobility service business by making Community Mobility fully-owned subsidiary KDDI Corporation (KDDI) announced that it will acquire all shares of Community Mobility, a developer of an on-demand transportation business called mobi that utilizes artificial intelligence (AI), on July 1, making it a wholly owned subsidiary. It also said that KDDI will rename the new subsidiary to KDDI Smart Mobility. With KDDI provid...

News  Updated at: 2026/05/21

t conditions led to the gradual phase-out of production. The closure highlights the challenges faced by premium manufacturing projects in Mexico amid evolving global dynamics. Attention is now turning to the future of the facility, with reports indicating interest from Chinese automakers seeking to acquire and repurpose the site, leveraging the established supplier base in the Bajío region. (Multiple sources on May 18, 2026)...

News  Updated at: 2026/05/21

BYD to acquire idle plants of European automakers including Stellantis According to multiple press releases dated May 13, BYD is in discussions with European automakers, including Stellantis, on the possibility of acquiring or taking over their plants in regions such as Italy, hoping to make use of the existing idle production capacity. BYD responded by confirming the situation. Moreover, BYD plans to launch a series of vehicle models developed f...

News  Updated at: 2026/05/19

Royal Enfield, India plans greenfield plant in Andhra Pradesh On May 18, Royal Enfield announced its plans to acquire a land parcel for a new greenfield manufacturing facility in Tada, Tirupati, Andhra Pradesh, with an investment of approximately INR 25 billion. The project is subject to board approval and will be implemented in phases, calibrated to demand and market conditions. The announcement comes as Royal Enfield's existing capacity of appr...

News  Updated at: 2026/05/18

E.ON, Germany, plans to acquire OVO to expand UK Energy and EV services On May 11, E.ON announced its plans to buy OVO Energy to grow its retail business and expand services such as EV charging, home batteries, and smart tariffs in UK. The move is part of E.ON’s plan to focus on customers and support the energy transition by combining EV charging, solar power, and home energy systems into a flexible network. The deal will help it reach more cus...

News  Updated at: 2026/05/14

MinebeaMitsumi to acquire automotive motor business, etc. from Panasonic Industry On May 12, MinebeaMitsumi Inc. announced that it has resolved to enter into an agreement to acquire the automotive motor and automotive cooling fan motor business operated by Panasonic Industry Co., Ltd. ("PID"), a subsidiary of Panasonic Holdings Corporation that was established on April 1, 2022, and its group companies. The businesses subject to the transfer will ...

News  Updated at: 2026/05/14

indie, US, to acquire CMOS image sensor product line from ams OSRAM On May 11, indie Semiconductor signed a definitive agreement to acquire the fabless CMOS image sensor group from ams OSRAM AG for a total consideration of EUR 40 million. With primary operations in Belgium and Portugal, this product line includes intelligent, high-performance CMOS image sensors for a broad range of industrial, automation, and physical AI applications.  This port...

News  Updated at: 2026/05/11

Zhejiang Huayou Cobalt to acquire Africa-focused lithium development company Atlantic Lithium On May 7, Atlantic Lithium Limited announced that it has entered a binding Scheme Implementation Deed with Zhejiang Huayou Cobalt Co., Limited. It is proposed that Huayou will acquire all the issued shares in Atlantic Lithium by way of an Australian scheme of arrangement for cash consideration of USD 210 million. The transaction validates the potential o...

News  Updated at: 2026/05/11

Volvo delivers nine bus chassis to transportation company in Brazil On May 7, Volvo announced the delivery of nine Volvo B320R bus chassis to Araucária Transporte Coletivo in Curitiba as part of an initial contract, financed through Brazil’s Pró-Transporte program. The operator became the first company to acquire Volvo chassis under this federal financing line that aims to facilitate investments in urban mobility and fleet modernization. Each...

News  Updated at: 2026/05/08

Bharat Forge, India acquires 30% Stake in Nashik-Based Fortuna Engineering On April 30, 2026, Bharat Forge Limited (BFL) announced the acquisition of a 30% stake in Fortuna Engineering Private Limited (FEPL), a Nashik-based precision-machined engine components manufacturer, for INR 1.296 billion. The transaction is structured in tranches, with BFL retaining an option to acquire an additional 20%+1 stake, aggregating up to 50%+1. Established in 19...

News  Updated at: 2026/05/01

Tachi-S to acquire automotive seat and interior businesses of Toyo Seat and Nanjo Auto Interior Tachi-S Co., Ltd. (Tachi-S) announced that it will acquire the automotive seat and interior businesses of TOYO H&I Co., Ltd. (TOYO H&I). TOYO H&I will establish a new company to which the businesses will be transferred, and Tachi-S will acquire the shares of the newly established company. This acquisition is a part of the mid-term management plan of Ta...

News  Updated at: 2026/04/30

Samvardhana Motherson, India approves two acquisitions to consolidate Vacuform (South Africa) and Nissin India On April 27, Samvardhana Motherson International Limited (SAMIL), announced that its board of directors approved two acquisitions. First, through its 100% step-down subsidiary MSSL Global RSA Module Engineering Limited (MSSL RSA), SAMIL will acquire the remaining 49% equity stake in Vacuform 2000 Proprietary Limited, a South Africa-based...

News  Updated at: 2026/04/29

Ikuyo to acquire additional shares of Nissan-affiliated supplier Kasai Kogyo On April 22, Ikuyo Co., Ltd. (Ikuyo) announced that it would acquire additional shares of Kasai Kogyo Co., Ltd. (Kasai Kogyo) both on and off the market, aiming to increase its stake to approximately 15% by the end of September. Ikuyo currently holds approximately 4.8% of Kasai Kogyo’s shares. The share acquisition period will run from April through the end of Septembe...

News  Updated at: 2026/04/23

components. Nippon Seiki has already signed share transfer agreements with Toyodenso’s President Kiyoshi Koide, who owns a 33.94% stake, and three individual shareholders who own 21.85%. Nippon Seiki plans to pursue agreement with the remaining shareholders, including Honda (14.89%) to eventually acquire all Toyodenso shares. (From an article in the Nikkan Jidosha Shimbun on April 21, 2026)...

News  Updated at: 2026/04/21

Mutares, Germany, to acquire lighting and rooftop systems businesses from Magna On April 9, Mutares SE & Co. KGaA signed agreements to acquire two automotive supplier businesses from Magna, as part of its Automotive & Mobility segment. The transactions are expected to close in Q2 2026, subject to customary regulatory approvals. Amaneos Group, part of Mutares, is strengthened by acquiring Magna International’s European lighting business. The bus...

News  Updated at: 2026/04/10

rations. Magna’s divestiture of its Lighting and Rooftop Systems businesses will take place over three transactions. Magna will divest its Lighting business for front and rear lighting programs in North America, South America and China to a global investment firm. A different investment firm will acquire Magna’s European Lighting and Rooftop Systems business through two separate transactions. All three transactions are expected to close in th...

News  Updated at: 2026/04/10

echnologies.  This technology improves power efficiency inside EV's ICCUs to control noise, making them smaller in size and higher in efficiency at the same time compared to conventional products. The company sees this order as an opportunity to fully enter the global EV supply chain, and plans to acquire additional orders and advance into overseas markets in the future. (From some releases on April 2, 2026)...

News  Updated at: 2026/04/09