Endurance Technologies, India updates about land acquisition in Tamil Nadu On September 12, 2025, Endurance Technologies Limited updated that it has acquired an approximately 8.9-acre leasehold plot in Kancheepuram District, Tamil Nadu, via the State Industrial Promotion Corporation of Tamil Nadu Limited (SIPCOT). According to the company, the goal of this acquisition is to expand manufacturing in South India, with a focus on supplying two- and f...

News  Updated at: 2025/09/12

GM to start Chevrolet Spark EUV assembly in Brazil by the end of 2025 On September 9, it was reported that Chevrolet will begin assembling the Spark EUV electric SUV in Brazil by the end of this year. Currently imported from China and sold at BRL 159,990, the model will be assembled in SKD format at the former Ford Troller plant in Horizonte, Ceará, acquired by Comexport, marking GM’s first step toward EV industrialization in Brazil. The plant...

News  Updated at: 2025/09/12

Pro-Vision, US, acquires Spartan Radar On September 6, Pro-Vision announced that it has acquired Spartan Radar, a California-based radar innovator advancing collision-avoidance technologies. Spartan Radar was founded in 2019 and is based in Los Alamitos, California. It has developed radar-based advanced collision warning solutions.  With extensive expertise in radar digital signal processing and antenna design, its technology is tailored for cha...

News  Updated at: 2025/09/10

iver high performance in various areas, including stability during rain, braking on dry surfaces, high-speed cruising, and superior mileage. The Dynapro HPX SUV-only all-season tire offers excellent handling and braking performance as well as superior driving comfort and quietness. This product has acquired the M+S (Mud+Snow) mark and supports comfortable and stable driving in various environments, such as muddy or snowy roads. Meanwhile, the Win...

News  Updated at: 2025/09/10

Micro Bird celebrates grand opening of bus manufacturing facility in Plattsburgh, NY On September 9, Micro Bird USA LLC, manufacturer of school and commercial buses, celebrated the grand opening of its facility in Plattsburgh, New York. The state-of-the-art plant, acquired from Volvo Buses/Nova Bus in December 2024, doubles Micro Bird’s production capacity in North America after a USD 38 million investment.  With the plant now in operation wit...

News  Updated at: 2025/09/10

company’s growth,” a spokesperson for Daimler Truck said, declining to comment further. Headquartered in Blacksburg, Virginia, Torc develops Level 4 autonomous driving technology for heavy-duty trucks, capable of handling all aspects of driving in certain conditions without human intervention. Acquired by Daimler Truck in 2019, Torc is running pilot programs in the U.S. and has been adding engineers to prepare for large-scale deployment. (mu...

News  Updated at: 2025/09/05

Continental invests in pyrolysis technology to recover raw materials from waste rubber Continental AG (Continental)’s ContiTech group sector has acquired an exclusive patent family for a new pyrolysis-based thermal purification process and commissioned a pilot facility to produce purified pyrolysis oil. The pyrolysis technology enables the industrial-scale recycling of complex rubber compounds, recovering high-quality raw materials from waste r...

News  Updated at: 2025/09/04

Sumitomo Rubber acquires AI start-up Sumitomo Rubber Industries, Ltd. (Sumitomo Rubber) announced that it has acquired Viaduct, Inc. (Viaduct), a US-based artificial intelligence (AI) venture company. The contract was signed on August 27, and the acquisition cost was USD 104 million (JPY 15.3 billion). Sumitomo Rubber intends to accelerate the expansion of the service with its proprietary prediction and analysis technology, Sensing Core. The two ...

News  Updated at: 2025/09/02

gside, the plant secured the prestigious Ford Q1 certification, awarded globally to top-performing suppliers. The USD 4 million expansion will generate over 300 direct jobs, reinforcing Guanajuato’s position as a national hub for electromobility. Originally built by Webasto Charging Solutions and acquired in 2024 by U.S.-based Transom Capital Group, the facility now operates under the Ampure brand, manufacturing portable and wall-mounted EV cha...

News  Updated at: 2025/09/02

sumi’s business strategy focuses on eight business areas as its eight spears, including bearings (its main pillar), and features the promotion of synergies and close alliances among these businesses. In recent years, the company, which has also been focusing on mergers and acquisitions (M&A), has acquired Honda Lock Mfg. Co., Ltd. (current Minebea AccessSolutions Inc.) and Hitachi Power Semiconductor Device, Ltd. (current Minebea Power Semicond...

News  Updated at: 2025/09/01

ISS, Danlaw, US and Cohda Wireless, Australia partner on V2X innovation On August 27, INTEGRITY Security Services (ISS) partnered with Danlaw and Cohda Wireless, which was acquired by Danlaw in early 2024, to expand its V2X business to demonstrate next-generation Vehicle-to-Network-to-Everything (V2N2X) capabilities. The Danlaw RouteLink Roadside Units (RSUs) are now powered by the ISS TrafficAuth-SCMSclient libraries to deliver secure, standards...

News  Updated at: 2025/08/29

lp to grow Skeleton Technologies’ production capacity and workforce significantly, while also supporting Finland's climate goals aimed at reducing emissions and achieving carbon neutrality by 2035.  The investment comes on the back of Skeleton's rapid growth, which began in 2023 when the company acquired the assets of European Battery Technologies Oy's bankruptcy estate and signed a separate lease agreement for a 9,400 square meters factory in...

News  Updated at: 2025/08/29

Pavna Industries, India further acquires 1.89 acres land near Jewar airport On August 26, 2025, Pavna Industries Limited announced its acquisition of an additional 1.89 acres of land near Jewar Airport, Uttar Pradesh, located in industrial corridors. The newly acquired land is part of its long-term strategy to establish a scalable, future-ready manufacturing and innovation hub to serve its growing domestic and international automotive client base...

News  Updated at: 2025/08/27

South Korea’s Guyoung Tech acquires majority stake in Car Tech South Korea’s Guyoung Tech Co., Ltd. announced that it acquired an 81.61% stake in a US company, Car Tech, LLC, for Korean won (KRW) 10 billion (JPY 1.1 billion) and made it a subsidiary of the company. Guyoung Tech has its headquarters and a plant in Daegu Metropolitan City, as well as a production base in Yeongcheon, Gyeongsangbuk-do. It produces seat frames and oil pans, supply...

News  Updated at: 2025/08/27

s in partnership with a local firm in Nigeria. The scheme involves MSB providing vehicles to local MaaS (mobility as a service) business platforms, which in turn offer vehicles and job opportunities to local drivers. In 2024, the service lent more than 20,000 motorcycles. In Uganda, the company has acquired a local startup, CourieMate, to operate its own last-mile delivery service. In 2023, it extended the service into Tanzania. Currently, the se...

News  Updated at: 2025/08/21

Seres Auto acquires 48.54% of equity in Jinkang Powertrain for CNY 663 million On August 16, Seres Group announced on the Shanghai Stock Exchange (SSE) that Seres Automobile Co., Ltd. (Seres Auto) acquired 48.54% of the equity in Chongqing Jinkang Powertrain New Energy Co., Ltd. (Jinkang Powertrain), a holding subsidiary, held by Chongqing Science City Urban Operation Group Co., Ltd., a minority shareholder of the company, for CNY 663 million thr...

News  Updated at: 2025/08/19

VVDN acquires GGS to boost North American Automotive ER&D VVDN Technologies has acquired GGS Engineering Services to strengthen its automotive engineering research and development capabilities in the U.S. and Canada. The deal combines VVDN’s embedded systems and manufacturing expertise with GGS’s strengths in mechanical design, simulation, and virtual manufacturing. The integration aims to accelerate EV development, interior design, and NVH r...

News  Updated at: 2025/08/19

or in-vehicle networks. The acquisition of Mavell’s Automotive Ethernet business will add its design-win pipeline of approximately USD 4 billion by 2030 to Infineon’s future orders. In the 2025 calendar year, the business is expected to generate revenue between USD 225 and 250 million. Infineon acquired the business for approximately USD 2.5 billion through a combination of existing liquid funds and additional debt capital. (Infineon Technolo...

News  Updated at: 2025/08/16

st half of 2025 following an accident in which a Cruise robotaxi severely injured a pedestrian. The company would integrate Cruise’s operations into the development of ADAS technologies. GM cut approximately 1,000 employees from Cruise in February 2025. Cruise was originally founded in 2013, then acquired by GM in 2016. (Detroit News article on August 11, 2025)...

News  Updated at: 2025/08/14

Greaves Cotton, India lifts stake in Excel Controlinkage to 80% On August 12, 2025, Greaves Cotton Limited acquired an additional ~10% stake in Excel Controlinkage Private Limited via the secondary route, raising its aggregate shareholding in the material subsidiary to 80%. Greaves had purchased 60% in the first tranche by April 30, 2023, with subsequent tranches planned annually and the final tranche expected by August 2026, all for cash conside...

News  Updated at: 2025/08/13