vehicle sales, employ over 700,000 people, and maintain localization rates above 75%, which MITI cites as key contributions to the domestic automotive ecosystem. MITI reaffirmed that Malaysia remains open to all foreign and Chinese automotive investment, with policies aimed at promoting technology transfer, local value creation, and sustainable employment. (From MITI release and an article of Paul Tan on March 31, 2026 / multiple sources)...

News  Updated at: 2026/04/03

on is being carried out at the SOLLERS Transmission Production facility located at the ZMZ industrial site. SOLLERS Transmission Production currently makes 6-speed manual gearboxes for Sollers light commercial vehicles, pickups, and the UAZ Profi “Polutorka.” It also produces electromechanical transfer cases for Sollers pickups. Based on Sollers press release...

News  Updated at: 2026/04/01

Archion, new holding company between Hino and MFTBC announces listing, completes transfer of Hamura plant to Toyota On April 1, 2026, Archion Corporation, a holding company established through the business integration of Hino Motors, Ltd. and Mitsubishi Fuso Truck and Bus Corporation (MFTBC), announced that it had been listed on the Tokyo Stock Exchange Prime Market. Trading of Archion’s shares commenced on the same day.  According to business...

News  Updated at: 2026/04/01

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

Denso and Tokyo University form long-term comprehensive cooperation for social implementation of dynamic wireless power transfer On March 30, Denso Corporation (Denso) and the University of Tokyo (Tokyo University) signed an agreement for their joint research and development themed on data linkage, infrastructure cooperation, and energy circulation. Their agreement term is 10 years, and it will promote infrastructure cooperation, such as energy s...

News  Updated at: 2026/03/31

choose between two wheelbase options. The vehicles start using a Keyless Start button located between the cockpit and infotainment display. The dashboard includes a digital cockpit with a 30 cm display and a 13-inch infotainment screen. A built-in 5G module allows software updates and digital data transfer. The company also provides taxi and private hire versions of the Caddy, Multivan, ID. Buzz, and Crafter models. The new 8-seater models, with...

News  Updated at: 2026/03/27

roduced outside Japan. Production at the Ban Pho plant achieves 84% local content, with planned exports of over 40,000 units annually to around 60 countries, including Japan, and a first-year domestic target of 5,000 units.  Built on the IMV ladder-frame platform, the FJ features 4WD with a manual transfer case and rear differential lock, paired with a 6-speed automatic transmission. It adopts double wishbone front and four-link rear suspension ...

News  Updated at: 2026/03/26

Nissan might transfer commercial activities in Argentina to local groups On March 11, it was reported that Nissan Argentina could cease operating as a direct subsidiary of its Japanese headquarters and transfer its commercial operations to local groups, as part of the company’s global restructuring strategy. According to industry sources, advanced negotiations are underway with Grupo Simpa, which may form a strategic alliance with Grupo Tagle, ...

News  Updated at: 2026/03/24

ZF Steering Gear India transfers MIDC Supa Parner factory lease from NexSteer to DriveSys On March 19, ZF Steering Gear (India) Limited announced that it has completed an internal transfer of leasehold rights for its factory premises at Plot No. E-3/2, MIDC Supa Parner Industrial Park, Ahilyanagar (Ahmednagar), Maharashtra. The leasehold rights over the factory building, earlier held by NexSteer Systems Private Limited, have now been assigned in ...

News  Updated at: 2026/03/20

reduced 10 personnel per day by introducing a total of 10 automatic guided vehicles of eve autonomy, Inc. (eve autonomy, Iwata City, Shizuoka Prefecture), a joint venture established by Yamaha Motor Co., Ltd. and Tier IV, Inc. (Tier IV, Shinagawa Ward, Tokyo). Toyota Auto Body aims to automate the transfer of large components such as the Land Cruiser’s body frames. eve autonomy also intends to provide extensive support for labor shortages at a...

News  Updated at: 2026/03/19

media reports regarding a potential capital investment by Hon Hai Precision Industry (Foxconn) in Mitsubishi Electric’s automotive equipment business, there are no definitive facts or decisions at this time. However, the company acknowledged that it is examining the possibility of a partial share transfer. According to multiple media reports, Mitsubishi Electric has entered into negotiations to accept investment from Foxconn in Mitsubishi Elect...

News  Updated at: 2026/03/19

ompany, with an authorised paid-up equity capital of up to INR 940 million; initial paid-up capital will be INR 1 million, contributed equally by Bosch and Tata Autocomp.​ The JV board will have six directors, three nominated by each partner, and its shares will be under a five-year lock-in, with transfers during that period allowed only to non-competing affiliates and any post-lock-in transfer to competitors requiring the other shareholder’s...

News  Updated at: 2026/03/18

2026, U.S. time. Aging production facilities and other factors made it difficult to produce high value-added tires and large-diameter tires. The Salem plant, which began operations in the 1960s, was acquired by Yokohama Rubber in 1989 and has been producing passenger car tires. Yokohama Rubber will transfer production at the Salem plant to its other plants, and its tire supply will not be affected. The company will take measures such as employmen...

News  Updated at: 2026/03/17

signal processing.  The chip is manufactured in a lower-cost processing node. It is modular and upgradable, allowing OEMs to update only the required chiplets rather than redesigning entire HPC architectures. It is highly energy efficient, thanks to optimized DRAM/SRAM structures and reduced data transfer loads to DDR memory. This chip provides a scalable and efficient alternative to market leaders by reducing CPU load. It supports solutions fr...

News  Updated at: 2026/03/11

TAI, GWM partner on ADAS development and EV lifecycle management in Thailand Announced on March 10, 2026, the Thailand Automotive Institute (TAI) and Great Wall Motor Manufacturing (Thailand) Co., Ltd. (GWM) entered into a memorandum of understanding (MOU) to cooperate on the development and technology transfer of Advanced Driver Assistance Systems (ADAS), aiming to align the technology with international standards while adapting it for use in Th...

News  Updated at: 2026/03/11

argaining Position”, which are antitrust law standards, the commission will add examples of violation, such as purchasers' refusal to negotiate prices and provide information, and implying discontinuation of the dealing. Since there are concerns that confirmation by the purchaser about fair price transfer between the supplier and the subcontractor may be deemed as a violation, a notice will be added that such conduct shall not become an issue i...

News  Updated at: 2026/03/11

orporated JV will build new‑generation high and low‑voltage motor controllers, axial flux/high‑voltage electric motors, pumps for thermal applications, and customised controllers, with 49% held by Spark Minda Green Mobility Systems and 51% by Turntide.​ Under the agreement, neither side can transfer or encumber its shares in the JV for three years, and the JV board will have five directors, with two nominated by Minda’s subsidiary and t...

News  Updated at: 2026/03/10

i) production of aircraft seats; (iv) construction of photovoltaic panel structures; (v) battery recycling; and (vi) production and assembly of L6 and L7 electric vehicles. The project will safeguard all 368 Lear employees, who will be gradually integrated into the new company over three years. The transfer process is expected to begin in the coming weeks. (From a press release dated March 9, 2026)...

News  Updated at: 2026/03/10

as chemicals. In 2024, manufacturing represented 14.3% of EU GDP. The Act sets a goal to increase manufacturing's share of EU GDP to 20% by 2035. The IAA introduces ‘Made in EU' and low-carbon preferences in public procurement. To ensure that FDI strengthens EU supply chains, promotes technology transfer, and supports quality job creation, the IAA introduces conditions for investments above EUR 100 million in emerging sectors such as batteries...

News  Updated at: 2026/03/05

Suzuki to acquire all-solid-state-lithium-ion battery business from Kanadevia On March 4, Suzuki Motor Corporation announced that the company has entered into a business transfer agreement with Kanadevia Corporation (formerly known as Hitachi Zosen Corporation) to acquire Kanadevia’s all-solid-state lithium-ion battery business, effective July 1, 2026. Kanadevia began the development of all-solid-state lithium-ion batteries in 2006. Through its...

News  Updated at: 2026/03/04