BASF divests 100% stakes in BASF India Coatings Private Limited On March 30, BASF India announced that its board of directors approved the transfer and sale of the 100% stake held in BASF India Coatings Private Limited, a wholly owned subsidiary, to Bond German BidCo 2 GmbH and Bond France BidCo SAS (Carlyle Group Companies) at a consideration of INR 2.3 billion. The closing of the transaction is planned for the second quarter of 2026, and therea...

News  Updated at: 2026/03/31

METI unveils policy for establishing supply chain security evaluation system, aiming for system launch by end of FY2026 The Ministry of Economy, Trade and Industry (METI) and the Cabinet Secretariat's National Cybersecurity Office of Japan have announced a policy to evaluate the status of efforts to strengthen security across the supply chain. It assumes that, in a transaction agreement between two firms, the ordering side will present the approp...

News  Updated at: 2026/03/31

Setco Automotive, India sells SASPL to RSB Transmissions, to rename itself Shilayan Industries On March 29, 2026, Setco Automotive signed agreements to sell its entire 65% stake in Setco Auto Systems Private Limited (SASPL), its material subsidiary contributing 96% of consolidated revenue (INR 6.63 billion in FY 2024–25), to Pune-based RSB Transmissions in a two-phase transaction. In Phase 1, approximately 41% will be sold for around INR 1.85 b...

News  Updated at: 2026/03/30

Lumax Auto Technologies, India, to invest in JV Lumax Alps Alpine India On March 27, 2026, Lumax Auto Technologies has approved an equity investment of up to INR 70 million in Lumax Alps Alpine India Private Limited (LAAIPL), a 50:50 joint venture in which it already holds half the equity, to support the JV's capex, working capital, and general business requirements. The transaction, to be completed in cash within approximately three months, is a...

News  Updated at: 2026/03/30

the commercial and off-highway sectors.  Through these acquisitions, Linamar significantly expands its forging expertise to include warm forging to its already significant offering of precision bevel and helical gears, as well as small to medium sized-drivetrain and transmission components.  The transaction is expected to provide about CAD 200 million in annualized revenue to Linamar. (Linamar release on March 27, 2026)...

News  Updated at: 2026/03/28

Posco Future M to supply artificial-graphite-based anode materials to global automaker Posco Future M Co., Ltd. (Posco Future M) announced that it signed a contract with a global automaker to supply natural-graphite-based anode materials. The transaction amounts to KRW 1.02 trillion (JPY 111.6 billion), and the contract is valid from 2027 to 2032. The client’s name will remain unpublicized until the end of the contract. This supply contract is ...

News  Updated at: 2026/03/26

ferentiation, however, has become increasingly evident. On one hand, post-holiday consumer preferences shifted significantly, with NEV penetration increasing week by week and becoming the main driver of March passenger car market recovery. Conversely, the ICE vehicle market remained under pressure: transaction prices failed to meet consumer expectations, and rising fuel prices increased the total cost of ownership, hindering the typical end-of-qu...

News  Updated at: 2026/03/24

Sandhar Technologies, India infuses EUR 915 million into Spanish subsidiary On March 20, Sandhar Technologies infused EUR 915,000 into its wholly owned Spanish subsidiary, Sandhar Technologies Barcelona S.L., through a rights issue to fund capex, new projects, and business expansion. It mentioned that the cash investment, treated as a related-party transaction on an arm’s-length basis, will not change ownership, with the Barcelona unit remainin...

News  Updated at: 2026/03/23

more tranches by March 31, 2026. Optare, which manufactures and sells buses and commercial vehicles and is the holding company for the group’s electric vehicle initiatives Switch Mobility Limited (UK) and Switch Mobility Automotive Limited. The cash investment, which qualifies as a related-party transaction as promoter Hinduja Automotive holds 6.52% in Optare, will be used for loan repayment and other business requirements, and is based on a v...

News  Updated at: 2026/03/23

EU clears acquisition of Aunde AS, Isringhausen Oto, and Aunde C&S by Aunde, Germany On March 19, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Aunde Teknik Tekstil Sanayi ve Ticaret Anonim Şirketi (‘Aunde AS'), Isringhausen Oto Yan Sanai (‘Isringhausen Oto'), both of Turkiye, and Aunde C&S GmbH by Aunde Group SE, both of Germany. The transaction relates primarily to the supply of textil...

News  Updated at: 2026/03/20

the potential partial transfer of its stake in Mitsubishi Electric Mobility. This review is being conducted from the perspectives of maximizing the value attributable to Mitsubishi Electric, enhancing the medium-term value of its automotive business, and ensuring swift and reliable execution of any transaction. On the other hand, the company denied parts of the reports, stating that there are no confirmed facts or policies.(Based on a press relea...

News  Updated at: 2026/03/19

Motherson, India completes 100% acquisition of Yutaka Autoparts India On March 16, 2026, Samvardhana Motherson International Limited completed the share purchase agreement to acquire 100% of Yutaka Autoparts India Private Limited (YAIPL), after fulfilling all conditions precedent. Following this closing, YAIPL has become a wholly owned subsidiary of the company, marking a key step in the wider transaction under which Motherson, via Motherson Glo...

News  Updated at: 2026/03/17

l sales. The conflict is still recent, making it too early to assess long-term demand effects. A. [Walter Mertl CFO] In China, BMW implemented product actions and dealer network restructuring to stabilize pricing. While these measures initially affected financial performance, they helped strengthen transaction prices and dealer profitability. A. [Jochen Goller] Sales in China have stabilized since the fourth quarter, supported by new model launch...

News  Updated at: 2026/03/16

Elkem, Norway, announces cost reduction measures, to impact by conflict in Middle East On March 11, Elkem ASA announced that it is further strengthening its competitiveness and financial resilience by introducing a new corporate structure and reducing working capital and annual costs following the approval of the announced Silicones transaction. These cash optimising measures amount to NOK 1.3 billion, in addition to permanent cost reductions wit...

News  Updated at: 2026/03/13

Indonesia’s IIMS 2026 draws 580,250 visitors; IIMS Series to start in Surabaya in May Announced on March 8, 2026, Dyandra Promosindo, the organizer of the Indonesia International Motor Show (IIMS), reported that the 2026 event attracted 580,250 visitors and generated IDR 8.7 trillion in transactions during February 5–15. The 11-day exhibition recorded strong public engagement, with both visitor turnout and transaction values indicating positi...

News  Updated at: 2026/03/13

JTEKT to divest European automotive business to DUBAG-advised entity JTEKT Corporation (JTEKT) has reached a basic agreement with LEO III.-VV25-A GmbH, an entity advised by Munich-based DUBAG Investment Advisory GmbH, to divest its automotive business serving European OEMs. The transaction includes the transfer of all shares in seven consolidated subsidiaries engaged in the production and sale of automotive components, spanning (i) JTEKT Europe S...

News  Updated at: 2026/03/02

Co., Ltd., HBPO Auto Components (Shanghai) Co., Ltd., HBPO Beijing Co., Ltd., and Shanghai Yanfeng Automotive Exterior Systems Co., Ltd. by Yanfeng Automotive Trim Systems Co., Ltd. (Yanfeng Holding) and OPmobility Exterior Holding S.A. (OPmobility), in accordance with the EU Merger Regulation. The transaction primarily concerns the manufacture of automotive front-end modules and active grille shutters. It was assessed under the simplified merger...

News  Updated at: 2026/02/26

FORVIA advances divestiture of Interiors Business Group FORVIA SE announced that the planned divestiture of its Interiors Business Group is currently in advanced negotiations with several parties. This divestiture represents a key step in sharpening the Group’s portfolio focus and strengthening its financial profile. Upon completion, the transaction is expected to reduce net debt by at least EUR 1 billion. (From a press release dated February 2...

News  Updated at: 2026/02/25

nto the group’s automotive electronics and electrical platform. The combined platform will span wiring harnesses, power electronics, switches, and EV‑focused components, targeting higher electronics content and rising electrification across passenger vehicle and commercial vehicle programs. The transaction is aligned with its plan, backed by Bain Capital, to build a scaled, integrated platform that can offer end‑to‑end electronics and ele...

News  Updated at: 2026/02/24

the EU Merger Regulation, the creation of a joint venture by HOCHTIEF AG, Kreditanstalt für Wiederaufbau (‘KfW'), the national promotional bank acting on behalf of the Federal Ministry of Economic Affairs and Energy, all of Germany, and Vulcan Energy Resources Ltd (‘Vulcan') of Australia. The transaction relates primarily to the market for the production and supply of lithium hydroxide. The Commission concluded that the notified transaction...

News  Updated at: 2026/02/23