connection with this transition, the capital of Isuzu (China) Engine will be reduced by an amount equivalent to 1.22%. Following the capital reduction, the shareholding ratios in the said company will be changed to Isuzu: 50.00%, Qingling Group: 30.43%, and Qingling Motors: 19.57%. As part of this transaction, Isuzu will receive a special dividend corresponding to the amount of the capital reduction, totaling CNY 26,484,338.95. As a result, Isuz...

News  Updated at: 2025/12/22

shares that were pledged. After this, the promoter group will still own around 34% of Ola Electric, and the company has said there is no change in control or in its long-term plans.​ The step has been taken to remove all promoter share pledges and reduce related risk. Ola Electric added that this transaction is only at the promoter’s personal level and does not affect the company’s operations, governance, or strategy. Based on Ola Electric'...

News  Updated at: 2025/12/19

Magallanes Value Investors acquires 3.24% stake in EBRO, Spain On December 17, EBRO announced that Iberian fund Magallanes Value Investors has acquired a 3.24% stake in its share capital. The company has not disclosed the value of the transaction. The company has reindustrialized the former Nissan plant in Barcelona, Spain, with its Chinese partner Chery. The stake was sold by the founding partners from their current holdings to bring in a leadin...

News  Updated at: 2025/12/19

CIE Automotive acquires Aludec Group for EUR 200 million CIE Automotive, S.A. announced the acquisition of 100% of the share capital of Aludec, S.A. (Aludec) for an enterprise value of EUR 200 million. The closing of the transaction is subject to the fulfilment of customary conditions. Aludec specializes in the manufacture of decorative plastic and metal components for both the interior and exterior of vehicles. The company employs around 1,300 e...

News  Updated at: 2025/12/19

SeeWay.ai to invest in Phigent Robotics SeeWay.ai Co., Ltd. (SeeWay.ai) announced that it will subscribe for the issued shares of Beijing Phigent Robotics Technology Co., Ltd. (Phigent Robotics) for CNY 250 million and its 100% stake in an intelligent driving subsidiary. Upon completion of the transaction, SeeWay.ai will become the largest shareholder of Phigent Robotics with a 39.14% stake, and the reorganized Phigent Robotics will function as a...

News  Updated at: 2025/12/18

20% stake in Shanghai Nissei Display System Co., Ltd. (Shanghai Nissei) to Nippon Seiki Co., Ltd. (Nippon Seiki) for CNY 103,631,540.Upon completion of the transfer, INESA no longer owns any of Shanghai Nissei. Preliminary estimates suggest an investment proceeds of around CNY 8.9 million from the transaction.(From a Feilo Acoustics press release dated December 11, 2025)...

News  Updated at: 2025/12/18

Samvardhana Motherson, India completed acquisition of Motherson Lumen Systems South Africa On December 10, Samvardhana Motherson International Limited announced that it had completed the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa (Pty) Ltd, following fulfillment of all conditions precedent on December 10, 2025. With this transaction, executed through its indirect subsidiary Motherson Lumen Holding Ltd, the Sout...

News  Updated at: 2025/12/11

Brakes India acquires 10% stake in Japan’s TBK Co. Ltd. On December 9, 2025, Brakes India, a TVS Group company, acquired a 10% shareholding in Japan’s TBK Co. Ltd. through a primary capital infusion, as part of a capital and business alliance agreement. The value of the transaction was not disclosed. TBK, a global auto components maker in the medium and heavy commercial vehicle segment, focuses on brakes, pumps, and engine‑related parts. Un...

News  Updated at: 2025/12/10

European Commission clears acquisition of Novares Group by Deva Capital On December 9, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Novares Group SAS of France by Deva Capital Investment Company S.LU. (‘Deva Capital'), a subsidiary of Banco Santander S.A., both of Spain. The transaction relates primarily to the design and manufacture of components and systems for the automotive industry. T...

News  Updated at: 2025/12/10

Japan’s SMEA and FTC to strengthen automotive industry monitoring for compliance with new SME transaction optimization act Japan’s Small and Medium Enterprise Agency (SMEA) and Fair Trade Commission (FTC) announced on December 8 that they will strengthen monitoring in the automotive industry, as violations of the Act against the Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors are frequently occurring, such as automobile manuf...

News  Updated at: 2025/12/10

a definitive business combination agreement for a business combination between Andretti and StoreDot under a newly formed holding company. The holding company will be named “XFC Battery”.  Its shares are expected to be listed for trading on the Nasdaq Stock Market LLC. The Business Combination transaction values StoreDot at an implied pre-money equity value of USD 800 million, with existing StoreDot shareholders, optionholders, and warrantho...

News  Updated at: 2025/12/05

event for an upgraded Robotaxi strategy in Hangzhou. Proposed at the event was a strategic goal of “100 cities and CNY 100 billion in 10 years”, namely, during the next decade, establishing 5 global operating centers, promoting Robotaxi services to 100 Chinese cities, and achieving a GTV (gross transaction value) of CNY 100 billion. CaoCao Inc. will further strengthen the automated operating capabilities of large-scale fleets, launch the CaoC...

News  Updated at: 2025/12/05

ted after securing all required regulatory approvals. The divestiture supports HARMAN’s strategy to sharpen its focus on its core Automotive and Lifestyle divisions while ensuring stability for DTS employees and customers. DTS will now operate under Wipro’s Engineering Global Business Line. The transaction includes a multi-year strategic agreement between Wipro, HARMAN, and Samsung to expand joint growth opportunities. HARMAN emphasized that ...

News  Updated at: 2025/12/03

Asahi Kasei sells Daramic unit to refocus on high-growth businesses On December 2, Asahi Kasei divested its Daramic lead battery separator business to Kingswood Capital Management as part of a broader effort to reshape its portfolio toward higher-growth sectors. The transaction has minimal financial impact but represents a strategic shift as the company prioritizes electronics and lithium-ion battery separator technologies, especially in North ...

News  Updated at: 2025/12/03

Tata AutoComp, India completes acquisition of IAC Sweden On December 2, 2025, Tata AutoComp Systems Ltd. announced that it had completed the acquisition of the assets of International Automotive Components Group Sweden AB (IAC Sweden), which will now operate under the new name Artifex Systems AB. The transaction is intended to strengthen Tata AutoComp’s presence in Europe and will combine Tata AutoComp’s design and system-level capabilities ...

News  Updated at: 2025/12/02

Autoneum completes acquisition of Chengdu Yiqi-Sihuan Automobile Interior, China Autoneum Holding Ltd. (Autoneum) has completed the acquisition of Chengdu Yiqi-Sihuan Automobile Interior Co., Ltd. (Chengdu Yiqi-Sihuan), a Chinese automotive supplier of acoustic and thermal management solutions. The transaction is part of the takeover of Chengdu FAW-Sihuan Group originally announced in May 2025 and follows the recent integration of Jiangsu Huanyu ...

News  Updated at: 2025/12/02

lkomGroup assets, including offices, service centers, parking areas, and commercial properties, for SPKLU deployment. By October 2025, six pilot SPKLU sites from the Telkom Property–V-Green collaboration were operational or in the bypass phase, featuring IoT-based monitoring for real-time energy, transaction, and performance tracking.  Following the MoU, over 400 additional sites are in licensing and technical coordination for a second phase, ...

News  Updated at: 2025/12/01

electric trucks and buses, at its 2025 Annual Meeting of Shareholders. “We appreciate the support of our shareholders as we reach this important milestone in our pending merger with Motiv to create a leader in the medium-duty EV commercial vehicle market,” said Rick Dauch, CEO of Workhorse. The transaction is expected to close in the coming weeks, subject to customary closing conditions, including the entrance by Workhorse and Motiv’s large...

News  Updated at: 2025/11/27

Dana prepares for sale of Off-Highway business to Allison On November 19, Dana Incorporated and Allison Transmission Holdings, Inc. announced that all required regulatory approvals related to the previously announced sale of Dana's Off-Highway business to Allison have been received. The parties intend to close the transaction at or near the end of 2025. "Finalizing this transaction with Allison, a company well-positioned to continue the success o...

News  Updated at: 2025/11/21

an ABS product for the Indian market, which is currently under internal validation. India’s draft ABS mandate is expected to require ABS on most new two-wheelers, creating increased demand for scalable ABS solutions. Blubrake specializes in ABS systems for two-wheelers and pedelecs in Europe. All transaction terms match Blubrake’s recent fundraise valuation.  Based on the Suprajit Engineering Limited press release...

News  Updated at: 2025/11/19