Michelin completes acquisition of Flexitallic to accelerate growth in polymer composite solutions Michelin announced the completion of its acquisition of Flexitallic, based in Houston, Texas, USA. Flexitallic operates across 17 facilities worldwide and produces a comprehensive range of composite gaskets, sheet products, and specialty filler materials. It employs approximately 1,200 people and generated around USD 220 million in sales in 2025. The...

News  Updated at: 2026/04/03

Hero MotoCorp, India picks up 36.67% in Euler Motors On April 1, Hero MotoCorp completed the acquisition of 268,219 Series E Cumulative Compulsorily Convertible Preference Shares in Euler Motors for INR 2.1 billion, part of a broader INR 2.75 billion additional investment approved in February 2026. Post acquisition, Hero MotoCorp holds 36.67% of Euler Motors on a fully diluted basis, up from its earlier associate-level stake. Euler Motors is a Be...

News  Updated at: 2026/04/02

ronics manufacturing business of Jabil Inc., one of the world’s largest electronics manufacturing service and solution providers, for approximately RMB 15.8 billion (USD 2.2 billion) in cash, marking BYD Electronics’ expansion of the core supply chain for consumer electronics. The target of the acquisition is Jabil’s product manufacturing business located in Chengdu and Wuxi, including the manufacturing of components for existing customers....

OEM Plants  Updated at: 2026/04/02

s forms partnership with RTI in autonomous driving assistance systems XPeng Motors releases Xmart OS 1.7 OTA upgrades for its G3 model XPeng Motors partners with Byton and others to establish new energy technology research company XPeng Motors obtains vehicle production qualifications through Foday acquisition XPeng Motors will continue to adopt NVIDIA’s AI autonomous driving computing platform for its next-generation models XPeng Motors to equ...

OEM Plants  Updated at: 2026/04/02

l purchase the land, buildings and associated assets of the Nissan facilities, including of its nearby stamping plant, in mid-2026. The agreement will see the majority of associated Nissan employees offered employment by Chery SA on substantially similar terms and conditions as today. Following the acquisition of the plant by Chery SA, Nissan will continue to offer vehicles and services to customers in South Africa, as before, with several new ve...

OEM Plants  Updated at: 2026/04/02

Changan Auto licensed for testing of Level 4 Robotaxis On March 31, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced the recent acquisition of a Level 4 Robotaxi testing license. This makes Changan Auto an automaker fully qualified for actual testing of Level 4 autonomous driving in all scenarios. Changan Auto’s Level 4 Robotaxi features the Tianshu intelligent end-to-end large model. The iteration and optimization of Tianshu are...

News  Updated at: 2026/04/02

Bill to end environmental performance tax and provisional diesel tax rate enacted within fiscal 2025 An amended local tax bill, which includes the abolition of the environmental performance tax levied on the acquisition of automobiles and the provisional tax rate on diesel fuel at the end of fiscal year 2025, was passed and enacted at the House of Councilors plenary session on March 31. As a result, the environmental performance tax and the provi...

News  Updated at: 2026/04/02

st Fabricating Company MOBIS India, Ltd. - Anantapur (MIA) Yancheng Samsong Automotive Components Co., Ltd. TRCZ s.r.o. Hyundai Mobis Co., Ltd. FORVIA SE (FORVIA faurecia) (Formerly Faurecia SE) ZF Automotive Czech s.r.o. (Formerly TRW Automotive Czech s.r.o.) IEE Sensing Inc. Joyson Safety Systems Acquisition LLC (Formerly TK Holdings Inc. - Auburn Hills) TRW FAWER Automobile Safety Systems (Changchun) Co., Ltd. Chengdu Branch Marutaka Co., Ltd....

Who Supplies Whom  Updated at: 2026/04/02

elopment agency signed a deal with Ford to purchase land in Saarlouis for around EUR 95 million. The purchase is being funded by Saarland’s Transformation Fund for Structural Change (Trafo). At the same time, gwSaar has also made an agreement with the pharmaceutical company Vetter for the gradual acquisition of about 40 hectares of the former Ford site. In the first phase, Vetter will secure the previously undeveloped areas of the Ford site and...

OEM Plants  Updated at: 2026/04/01

ubishi Fuso Truck and Bus Corporation (MFTBC) announced it has launched a new variant for its Canter Eco Hybrid light-duty truck with smaller vehicle frame. It has a a shorter and narrower body by replacing battery cover and shortening rear overhang frame. Buyers can benefit from reduced automobile acquisition and weight taxes and can reduce annual vehicle inspection and vehicle insurance fees. It is priced at JPY 5,117,700, including consumption...

OEM Plants  Updated at: 2026/04/01

, Ltd. Aptiv PLC (Formerly Delphi Automotive PLC) Dalphi Metal Espana, S.L.U. Joyson Safety Systems Aschaffenburg GmbH (Formerly Takata AG) Daicel Corporation Hyundai Mobis Co., Ltd. Nihon Plast Mexicana, S. A. de C. V. Autoliv Japan Ltd. - Headquarters & Regional Sales Office Joyson Safety Systems Acquisition LLC (Formerly TK Holdings Inc. - Auburn Hills) Joyson Safety Systems (Huzhou) Co., Ltd. (Formerly Key (Huzhou) Safety Systems Co., Ltd.) Z...

Who Supplies Whom  Updated at: 2026/04/01

. MOBIS India, Ltd. - Anantapur (MIA) Toyoda Gosei (Foshan) Auto Parts Co., Ltd. Hefei Jianghuai Taihang Changqing Automobile Safety System Co., Ltd. Autoliv Poland Sp. z o.o. Valeo Group Autoliv Do Brasil Ltda. Joyson Safety Systems Sachsen GmbH (Formerly TAKATA Sachsen GmbH) Joyson Safety Systems Acquisition LLC (Formerly TK Holdings Inc. - Auburn Hills) ZF Active Safety and Electronics US LLC - Chihuahua plant Leopold Kostal GmbH & Co. KG Auto...

Who Supplies Whom  Updated at: 2026/04/01

he facility, with capacity to produce 230,000 vehicles annually, is being vacated as Nissan restructures and Mercedes-Benz relocates GLB production to Hungary. VinFast is also a finalist, while Chery and Great Wall Motor were among the nine companies that initially expressed interest. The potential acquisition reflects China’s efforts to expand manufacturing in Mexico at a time when U.S. tariffs on Mexican-made vehicles are pressuring the count...

OEM Plants  Updated at: 2026/03/31

only with a 1.0L 16V engine producing the output of 74 hp. The suggested retail price is BRL 30,990. Nissan opened the Resende plant in April 2014 and started production of the March there. But the company had continued to import the Active version from the Aguascalientes plant in Mexico. With the acquisition of new tooling for the Resende plant, Nissan Brazil has started production of the Active version and stopped importing from Mexico. On May...

OEM Plants  Updated at: 2026/03/31

co-developed with AUMOVIO AUMOVIO’s labs in Romania expand testing services to automotive, naval, aerospace markets AUMOVIO sells drum brake production and R&D site in Cairo Montenotte, Italy, to Mutares AUMOVIO invests USD 110 million to expand New Braunfels plant for ADAS production EU approves acquisition of Aumovio's brake boosters business by Aumovio and HASCO CES 2026: AUMOVIO to present AI-powered camera system for improved vision and sa...

Major Suppliers  Updated at: 2026/03/31

ve Safety US Inc. - Livonia (Formerly ZF Active Safety And Electronics US LLC ) Dowlais Group plc TI Automotive Systems (Changchun) Co., Ltd. Shenyang Branch ITT Inc. Nichirin Vietnam Co., Ltd. Shanghai Lianming Machinery Co., Ltd. Yazaki Corporation Grupo Antolin-Irausa, S.A. Joyson Safety Systems Acquisition LLC (Formerly TK Holdings Inc. - Auburn Hills) IAC (International Automotive Components) Group Kongsberg Automotive ASA Hyundai WIA Corpor...

Who Supplies Whom  Updated at: 2026/03/31

t is powered by BYD's Blade LFP batteries, which drive the electric motor, producing up to 530 hp.  The bus can transport up to 160 passengers over approximately 300 km on a single charge. The development project for this electric bus aims to participate in the upcoming Transmilenio tender for the acquisition of 296 buses....

OEM Plants  Updated at: 2026/03/30

th its expansion plans and growing demand from OEMs. Sona Koyo Steering Systems profit rises 39% in FY 2015-16 Sona Koyo Steering awarded by Maruti Suzuki and Mahindra Sona Koyo Steering to open a new plant in Gujarat JTEKT to increase stake in Sona Koyo Steering Systems CCI approves JTEKT stake acquisition in Sona Koyo Steering Sona Koyo Steering Systems revenues increase by 7.9% in FY 2016-17 JTEKT completes acquisition of Sona Autocomp sha...

Major Suppliers  Updated at: 2026/03/30

n's Czech and U.S. condenser businesses and started business with Japanese automakers. Sales for the fiscal year ending December 31, 2024 were KRW 9.998 billion. Operating income was KRW 95 million. Trends in battery thermal management: In January 2025, the Hankook & Company Group completed its acquisition of Hanon Systems, a South Korean manufacturer of thermal management systems. On January 3, 2025, tire maker Hankook Tire & Technology, a s...

Market & Tech Reports  Updated at: 2026/03/30

y, hundreds of second-life robots are now installed at Solihull, Halewood, and the EPMC in Wolverhampton, ready to produce JLR's next-generation electric vehicles and battery packs. The company has also developed a new digital management system to track the life of every vehicle program asset, from acquisition to sale, scrapping, and reuse. On April 12, Fisker Inc. announced that its all-electric Fisker Ocean Extreme equipped with optional 22” ...

OEM Plants  Updated at: 2026/03/30