r year was built in Shushary in the suburbs of St. Petersburg in 2008 but closed in 2015 as part of GM’s decision to reduce its international operations. On January 26, multiple sources reported that Art-Finance LLC, the parent company of Russia's AGR Automotive Group auto holding has completed a transaction to purchase the assets of Hyundai Motor in Russia. Art-Finance took over two production sites in St. Petersburg: a plant in the Kamenka in...

OEM Plants  Updated at: 2026/05/29

otors (GM) reached an agreement for the sale of GM India’s Talegaon manufacturing facility, subject to requisite government and regulatory approvals. Under a binding term sheet signed on January 16, 2019, the GM India legal entity, which includes the Talegaon facility, will transfer to GWM. The transaction would underpin GWM plan to enter and invest in India. Great Wall Motors will officially debut its Haval brand and GWM EV at the Delhi Inte...

OEM Plants  Updated at: 2026/05/28

actively promoting the automotive product definition and team building. It has established an automotive team consisting of 300 people so far. In addition, on August 25, Xiaomi Corporation announced the acquisition of Deepmotion Tech Limited, an autonomous driving technology company, with a total transaction value of approximately USD 77.37 million (CNY 503 million). According to various media sources, Mr. Jun LEI, CEO of Xiaomi Corporation,...

OEM Plants  Updated at: 2026/05/25

MEB-platform-based product portfolio and be based on both parties’ core capabilities and the XPeng G9 platform, with a launch planned in 2026. VW Group is investing approximately USD 700 million in XPeng and will ultimately hold about 4.99% stake in XPeng at USD 15 per ADS. Upon completion of the transaction, the Group will hold a seat as an observer on the XPeng board of directors. In addition, Audi signed a strategic memorandum with SAIC Moto...

OEM Plants  Updated at: 2026/05/20

and Chongqing Liangjiang New Area Chengwei Equity Investment Fund Partnership (L.P.) (Chengwei Fund). According to the agreements, Changan Auto will acquire 7.71% and 2.63% equity interests in Changan New Energy currently held by Changxin Fund and Chengwei Fund, respectively. Upon completion of the transactions, the shareholdings of Changan Auto, Changxin Fund and Chengwei Fund will increase from 40.66% to 51.00%, decrease from 11.08% to 3.37% an...

OEM Plants  Updated at: 2026/05/19

said that it delivered 1,300 vehicles in January and February, after having shipped roughly 5,000 of the 10,000 cars that its contract manufacturing partner, Magna Steyr, produced in Graz, Austria in 2023. On March 25, Fisker said talks with a large automaker, expected to be Nissan, for a potential transaction have been terminated, leading it to search for strategic options, including in- or out-of-court restructurings, and capital markets transa...

OEM Plants  Updated at: 2026/05/19

2023, the company plans to launch five models. On December 23, JAC announced its intention to acquire the project assets (including equipment and tooling assets) related to projects under construction and equipment installation projects held by NIO Automobile (Anhui) Co., Ltd. (Anhui NIO), with the transaction price estimated at CNY 1.704 billion. According to JAC, the acquisition will not affect its normal production and operation, and the tran...

OEM Plants  Updated at: 2026/05/18

tium Cells operates the first plant in Ohio and the second in Tennessee. On December 2, GM announced it has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. While the transaction is expected to close in Q1 2025, LG Energy Solution will have immediate access to the nearly completed Lansing facility to begin the insta...

OEM Plants  Updated at: 2026/05/14

ts joint venture company, Avatr Technology (Chongqing) Co., Ltd. (Avatr Technology), was publicly listed on the Chongqing United Assets and Equity Exchange to draw investors. Eventually, Avatr Technology drew 6 investors, including National Green Development Fund Co., Ltd. (NGDF). At the same time, transaction parties such as Changan Automobile and China South Industries Assets Management Co., Ltd. (SIAMC) intended to sign a capital increase agre...

OEM Plants  Updated at: 2026/05/11

Group and Gonow Holdings Group. The joint venture is owned 51% by GAC Group and 49% by Gonow Holdings Group. According to GAC Group's announcement, GAC Group plans to acquire the 49% stake in the joint venture from Gonow Holdings Group. The two companies signed a memorandum of understanding on this transaction on August 31, 2015. GAC Group announced on March 18 that it will make GAC Gonow, a joint venture company with Gonow Holdings Group, its wh...

OEM Plants  Updated at: 2026/05/08

ata Motors announced that it has completed the procedural requirements mentioned under the Share Purchase Agreement executed between Marcopolo S.A, Joint Venture Partner, Tata Marcopolo Motors Limited ('TMML'), and the Company for acquiring the entire shareholding in TMML held by Marcopolo SA. The transaction value stood at INR 1 billion representing 49% of the paid-up equity share capital of TMML. With the transaction, TMML has become a wholly ...

OEM Plants  Updated at: 2026/05/01

awei for CNY 2.5 billion in total. Seres Auto recently signed a cooperation agreement on further deepening joint operations. On July 29, Seres Group announced on the Shanghai Stock Exchange (SSE) that it plans to invest in Shenzhen Yinwang Intelligent Technology Co., Ltd. (Shenzhen Yinwang). If the transaction is completed, Shenzhen Yinwang will serve as a Seres Group joint stock subsidiary. Established on January 16, 2024 with a registered capit...

OEM Plants  Updated at: 2026/04/29

on the Guangdong United Assets and Stake Exchange website dated August 18, DFMG listed a 50% stake in DHEC for sale. GAC Honda participated in the bidding to acquire the 50% stake as a whole. On November 10, GAC Group announced on the Shanghai Stock Exchange the recent signing of a property rights transaction contract between GAC Honda and DFMG. DFMG will sell a 50% stake in DHEC to GAC Honda for around CNY 1.17 billion. Following the property r...

OEM Plants  Updated at: 2026/04/29

to all shareholders of Dongfeng Automobile (excluding DFG), and the number of shares to be tendered is 502 million shares (accounting for 25.10% of the total issued shares of Dongfeng Automobile), so that DFG can gain control over Dongfeng Automobile. It is expected that after the completion of the transaction, Dongfeng Automobile will become a holding subsidiary of DFG. Upon the completion of the transaction, Dongfeng Automobile will follow DFG...

OEM Plants  Updated at: 2026/04/29

ned Assets Supervision and Administration Commission (SASAC) of Anhui Province, JAC and Volkswagen Group signed a JAC investment agreement. JAC and Volkswagen Group signed an investment agreement and a framework agreement on the product portfolio of JAC Volkswagen. Parties plan to complete relevant transactions on December 31, 2020 after approvals are obtained from relevant departments. Upon the completion of relevant transactions, Volkswagen (Ch...

OEM Plants  Updated at: 2026/04/29

to all shareholders of Dongfeng Automobile (excluding DFG), and the number of shares to be tendered is 502 million shares (accounting for 25.10% of the total issued shares of Dongfeng Automobile), so that DFG can gain control over Dongfeng Automobile. It is expected that after the completion of the transaction, Dongfeng Automobile will become a holding subsidiary of DFG. Upon the completion of the transaction, Dongfeng Automobile will follow DFG...

OEM Plants  Updated at: 2026/04/28

field of commercial vehicles with Dongfeng Motor Group (DFG). According to the plan, Volvo will acquire 45% of Dongfeng Commercial Vehicles (DFCV), a subsidiary of DFG, to make it their joint company. The joint venture is subject to the additional authority approvals but Volvo anticipates that the transaction will take place in mid 2014. Dongfeng Motor Group announced on February 19 that the company entered into the MOU with PSA, the French gove...

OEM Plants  Updated at: 2026/04/28

ydrogen fuel cell bus started in Fuzhou KLM forges partnership with Huawei for digital transformation KLM breaks ground on NEV R&D, manufacturing site KLM to absorb 63% stake in Higer Bus Xiamen King Long Motor Group announced that it will acquire all shares of Jintian Co., Ltd. based in Hong Kong. Transaction value will be 39.45 million yuan in total. On March 20, Xiamen King Long Motor Group Co., Ltd. announced that its board of directors appro...

OEM Plants  Updated at: 2026/04/28

p maintain competitiveness of Foton Motor’s commercial vehicles during implementation of China 6 and even stricter emission standards in the future. On March 23, Foton Motor announced that it intends to reclaim CNY 178,475,300 of assets and CNY 78,087,000 of liabilities from Beijing Borgward at a transaction amount no higher than the assessment value reported by Beijing Automotive Group Co., Ltd. Foton Motor also agreed to use the tax-included ...

OEM Plants  Updated at: 2026/04/28

Commercial Assembly Plant. Over time, the move is expected to create more than 200 jobs at AM General. On June 22, SF Motors, a Silicon Valley-based subsidiary of the Sokon Industry Group, announced an agreement with AM General to acquire its commercial assembly plant near South Bend, Indiana. The transaction is expected to close in the fourth quarter of 2017. SF Motors expects to retain all 430 current plant employees and invest USD 30 million ...

OEM Plants  Updated at: 2026/04/28