ar Corporation announced that it has entered into a definitive agreement to acquire select assets of Aludyne Incorporated’s North American operations.  Southfield, Michigan-based Aludyne is a Tier 1 automotive supplier specializing in lightweight aluminum chassis and structural technologies. The transaction, valued at USD 300 million, is expected to close within 30 days and is expected to be accretive soon after acquisition. The acquisition is...

News  Updated at: 2025/10/11

Acquisition Corporation (AIAC). It is a leading supplier to the automotive industry, manufacturing technical, visual and safety components for premium customers across Central and Northern Europe. The site, located near the Audi Arena in Győr, employs nearly 90 skilled workers and engineers. This transaction completes LISI Automotive’s range of plastic assembly solutions parts produced by its clip solutions and will enable the company to bett...

News  Updated at: 2025/10/09

Linamar to acquire George Fischer’s iron castings plant in Leipzig, Germany On October 7, Linamar Corporation announced that it has entered into a definitive agreement to acquire 100% of the equity interest of George Fischer’s Leipzig Casting Facility.  The transaction, valued at EUR 45 million (about CAD 72 million), diversifies Linamar’s casting solutions to include large ductile iron castings for Heavy Industrial On and Off-Highway appl...

News  Updated at: 2025/10/09

GF agrees to sell iron foundry in Leipzig, Germany to Linamar Georg Fischer AG (GF) has signed an agreement to divest its iron foundry in Leipzig (Germany) to Linamar Corp. for approximately EUR 45 million. The transaction is expected to close by the end of 2025. With 300 employees, the iron foundry specializes in complex, large-scale components for off-highway vehicles and serve the construction, agricultural, and forest machinery industries. It...

News  Updated at: 2025/10/07

price competition for automotive batteries as Chinese battery manufacturers enter the European market. The Toray Group will continue to develop and manufacture products related to LIB separator films at its operational bases in South Korea and Japan. The company anticipates that the impact of this transaction on its consolidated results for the current fiscal year will be minimal. (From an article in the Nikkan Jidosha Shimbun on October 7, 2025...

News  Updated at: 2025/10/07

European Commission clears acquisition of Dowlais, UK, by AAM On October 2, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Dowlais Group plc (Dowlais) of the UK by American Axle & Manufacturing Holdings, Inc (AAM) of the US. The transaction relates primarily to the markets for the manufacturing and supply of automotive systems and components. The Commission concluded that the notified transact...

News  Updated at: 2025/10/06

Mutares completes acquisition of AUMOVIO’s drum brake plant in Italy On October 2, Mutares SE & Co. KGaA completed the acquisition of AUMOVIO’s drum brake production and R&D location in Cairo Montenotte (Italy). As part of the share deal, Mutares has taken over all employees and business activities. The transaction strengthens Mutares’ Automotive & Mobility segment as a new platform investment under the new name Zendra Systems. The plant is...

News  Updated at: 2025/10/06

AUMOVIO sells drum brake production and R&D site in Cairo Montenotte, Italy, to Mutares AUMOVIO SE (AUMOVIO), formerly the Automotive group sector of Continental, has completed the sale of its hydraulic drum brake production and R&D site in Cairo Montenotte, Savona, Italy, to Mutares SE & Co. KGaA. Signed on June 18, 2025, the transaction includes all employees and business activities, strengthening Mutares’ Automotive & Mobility segment. The d...

News  Updated at: 2025/10/03

WAAT, France, raises investment to expand charging infrastructure On September 25, WAAT announced that it has raised EUR 100 million. The transaction is being carried out with a sustainable investment fund of the DWS Group (“DWS”) and Bpifrance. It will allow the company to accelerate its development in France and Europe. WAAT aims to become the leading operator for private charging installations in three key environments: co-ownerships, soci...

News  Updated at: 2025/10/01

no Seiscento, one of Brazil’s largest long-distance passenger transport companies. The units, equipped with Comil Invictus DD bodies, will be deployed on long-haul routes exceeding 1,000 kilometers. Deliveries will be completed by the end of the year, with the first batch arriving in October. The transaction was closed by Lapônia Veículos, a Volvo dealership in São Paulo state, with financing support from Volvo Financial Services and the Vol...

News  Updated at: 2025/09/30

8,094 square meters, will be leased for five years starting October 1, 2025. The leased site will be used exclusively for manufacturing and assembling electric buses. Under the agreement, Azad India Mobility will pay a monthly rent of INR 2.55 million plus GST, with a 5% escalation every year. The transaction is a related party arrangement since certain directors are common to both companies. The deal gives Azad India Mobility a dedicated, gover...

News  Updated at: 2025/09/29

ss for automotive power supply products operated by TDK Corporation (TDK) through a corporate spin-off (absorption-type split). Both companies plan to conclude an absorption-type company split agreement at a later date. The absorption-type split is scheduled to be executed effective April 2026. The transaction is scheduled to take effect in April 2026 for a consideration of JPY 4.3 billion. Astemo will take over from TDK the development of automo...

News  Updated at: 2025/09/29

ship of Engines Engineering S.p.A. (EE). EE, based in Castenaso, Bologna, is an Italian automotive design and engineering firm specializing in high-performance motorcycles, prototyping, and racing, including MotoGP. The acquisition price was EUR 5.05 per share for a total of EUR 5,050,000, with the transaction expected to close on October 1, 2025. TVS Motor stated that this CoE will serve as a concept-to-product innovation hub, uniting EE’s tea...

News  Updated at: 2025/09/26

ket SUV brands for a second consecutive year, with a 62.0% loyalty rate, followed by Subaru (60.6%)      •    Ford ranked highest among truck brands for a fourth consecutive year, with a 66.6% loyalty rate, followed by Toyota (61.2%) The 2025 U.S. Automotive Brand Loyalty Study was based on transaction data from September 2024 through August 2025. (J.D. Power release on September 24, 2025)...

News  Updated at: 2025/09/26

Resonac to transfer automotive molded plastic parts business to Moriroku Resonac Holdings Corporation (Resonac Holdings) announced on September 24 that Resonac Corporation (Resonac), its consolidated subsidiary, will transfer its automotive molded parts business in Japan and Thailand to Moriroku Co., Ltd. (Moriroku). The transaction price will be JPY 17.2 billion, and the business transfer will be effective on April 1, 2026. Resonac will transfer...

News  Updated at: 2025/09/25

G announced it will transfer its backend manufacturing site in Bangkok/Nonthaburi, Thailand, to long-time supplier Malaysian Pacific Industries Berhad (MPI).  The Bangkok site, which serves automotive, connectivity, and IoT packages, will retain all current production employees as part of MPI. The transaction, expected to close in early 2026, includes a long-term supply agreement and plans to strengthen collaboration on innovative packaging solu...

News  Updated at: 2025/09/19

European Commission approves acquisition of IAC Group Sweden AB by Tata AutoComp The European Commission has approved the acquisition of the assets of International Automotive Components (IAC) Group Sweden AB by Tata AutoComp Systems Limited, a company ultimately controlled by Tata Sons. The transaction, which primarily involves the supply of components to the automotive industry, was examined under the simplified merger review procedure. The Com...

News  Updated at: 2025/09/16

Indomobil, through PT National Assemblers, acquires 99.9% stake in PT Nissan Motor Indonesia On August 29, 2025, PT Indomobil Sukses Internasional Tbk (IMAS), a leading player in Indonesia’s automotive and components industry, announced the acquisition of a 99.9% stake in PT Nissan Motor Indonesia (NMI) through its fully owned subsidiary, PT National Assemblers (NA).  Following the transaction, NA now holds 99.9% ownership of NMI, a limited li...

News  Updated at: 2025/09/02

ategic expansion, IONCOR, Valmet Automotive’s battery systems subsidiary, will become a subsidiary of Finnish Minerals Group (FMG), a state-owned company developing the battery value chain. Alongside FMG, Varma Mutual Pension Insurance Company and Pontos Group will also join as owners. After the transaction FMG will hold 70% of IONCOR, Varma 16%, and Pontos 14%.  In 2024, Valmet began a strategic review to make its business areas more indepen...

News  Updated at: 2025/09/01

he acquisition provides Blade’s established network of terminals and customers in key markets like New York and in Southern Europe, positioning Joby for a faster entry into commercial service with its quiet, all-electric vertical takeoff and landing (eVTOL) aircraft once certified. As part of the transaction, Joby will continue Blade’s passenger operations as a wholly-owned subsidiary led by its founder and CEO Rob Wiesenthal.  Joby Aviation...

News  Updated at: 2025/08/30