y interest. Dec. 2007 Completed the acquisition of a 74% joint venture interest in MAP India, a leading manufacturer of automotive sealing products in India. Aug. 2009 Announced that the Company and certain of its US subsidiaries voluntarily filed petitions for relief under Chapter 11 of the US Bankruptcy Code. May 2010 Emerged from Chapter 11 Mar. 2011 Acquired USi, Inc. from Ikuyo Co. Ltd. Jan. 2012 Acquired the automotive sealing bus...

Major Suppliers  Updated at: 2025/05/31

me ACT Expo was hosted in Anaheim in 2023, the 2025 exhibition spanned twice the exhibit space, with more than 500 exhibitors and partners and over 12,000 attendees. Anaheim Convention Center with sign advertising ACT Expo 2025 Honda Class 8 Hydrogen Fuel Cell Truck Concept   Despite the bankruptcy of notable companies in the hydrogen commercial vehicle industry including Nikola and Hyzon, several companies featured hydrogen-related an...

Market & Tech Reports  Updated at: 2025/05/29

oduction of Class 3 Urban Utility EV in Q2 2022 Electric Last Mile Solutions plans 50 layoffs to streamline costs Electric Last Mile investigated by SEC, postpones production amid cash shortage Electric Last Mile notified of listing noncompliance by Nasdaq Electric Last Mile announces Chapter 7 bankruptcy filing Mercedes-Benz recalling nearly 1 million vehicles globally for faulty brakes Mullen Automotive bids for bankrupt Electric Last Mil...

OEM Plants  Updated at: 2025/05/28

s all-new Haval H4 compact SUV Great Wall Motor takes over a plant in Brazil and releases Brazil strategy Zotye Auto denies Great Wall Motor's acquisition of its Linyi plant Great Wall Motor to complete first zero-carbon plant by 2023 and launch over 50 NEV models by 2025 Hanteng Auto may apply for bankruptcy and reorganization; its first-phase plant to be taken over by Great Wall Motor Great Wall Motor to build core intelligent parts manufacturi...

OEM Plants  Updated at: 2025/05/28

, as demands assurances about job security and the future of the industrial site. MA France supplies bodywork and chassis parts for Peugeot, Citroën, Opel, DS3 Crossback SUVs, and Renault vehicles. The concern among employees is linked to potential production relocation to Poland, raising fears of bankruptcy if the situation persists. On November 26, Stellantis proposed to consolidate its UK light commercial vehicle (LCV) manufacturing at Ellesm...

OEM Plants  Updated at: 2025/05/27

ive unveils all-new INEOS Fusilier, 4X4 SUV Jaguar to end production of ICE-powered vehicles at Castle Bromwich plant, UK from June 2024 Fisker pauses production, raising up to USD 150 million Fisker's talks with large OEM end, trading halted as stocks drop Fisker files 2023 annual report, warns of bankruptcy, appoints chief restructuring officer Fisker waits to hear from four companies it says are interested Magna assumes 'no further production'...

OEM Plants  Updated at: 2025/05/27

Neta Auto Malaysia clarifies parent firm status, local operations unaffected On May 15, 2025, Neta Auto Malaysia addressed false rumors circulating online about the bankruptcy of its parent company, Hozon Auto. The company clarified that the issue stems from a debt dispute involving a creditor, YuXing Advertising, which filed a bankruptcy application, a standard legal procedure in such cases.  Neta Auto Malaysia confirmed that its local operatio...

News  Updated at: 2025/05/19

s Brampton Assembly Plant, where it is to build the next-generation Jeep Compass, VW’s PowerCo has done little other than level land at its CAD 7 billion EV battery plant in St. Thomas, Ontario, and Nothvolt, which had planned an EV battery plant near Montreal, announced March 12 it had filed for bankruptcy. On April 3, Stellantis North American chief Antonio Filosa announced that the company is pausing production at some of its Canadian and Me...

OEM Plants  Updated at: 2025/05/19

Li-Cycle enters bankruptcy protection in Canada, U.S. On May 14, Toronto, Canada-based Li-Cycle Holdings Corp., a lithium-ion battery recycling company, has entered creditor protection under Canada’s Companies’ Creditors Arrangement Act (CCAA) and Chapter 15 in the U.S. to facilitate a financial restructuring. Key developments include: •    Court Protection: The Ontario Superior Court granted an Initial Order, including a stay of proceedi...

News  Updated at: 2025/05/17

se original equipment manufacturer. The Company will supply First Auto Works with airbag systems. Signed a new supply agreement with Sungwoo Corporation to deliver driver and passenger side nonazide inflators. Sep. 1997 Filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. Oct. 1997 Signed a Memorandum of Understanding with Siemens Aktiengesellschaft, Automotive Systems Group to form a global strategic...

Major Suppliers  Updated at: 2025/05/17

Hozon Auto faces bankruptcy review According to information on the National Enterprise Bankruptcy Information Disclosure Platform (NEBIDP) website dated May 13, Hozon New Energy Automobile Co., Ltd. (Hozon Auto), the parent company of Neta Auto, is facing a bankruptcy review filed by Shanghai Yuxing Advertising Co., Ltd. with the Jiaxing Intermediate People’s Court of Zhejiang Province. Established on October 16, 2014, Hozon Auto, with a regist...

News  Updated at: 2025/05/16

s Brampton Assembly Plant, where it is to build the next-generation Jeep Compass, VW’s PowerCo has done little other than level land at its CAD 7 billion EV battery plant in St. Thomas, Ontario, and Nothvolt, which had planned an EV battery plant near Montreal, announced March 12 it had filed for bankruptcy. On November 16, Rockwell Automation announced that Ford has selected it as its vehicle operations primary controls and solutions provider ...

OEM Plants  Updated at: 2025/05/16

Neta Auto Thailand reaffirms continued operations amid parent company rumors On May 15, 2025, Neta Auto Thailand issued a statement to clarify false rumors regarding the bankruptcy of its parent company, Hozon Auto. The company explained that a creditor, Yuxing Advertising, had filed a court petition to assess Hozon Auto’s financial status due to a debt dispute. This is a routine legal process and does not mean the company is bankrupt. Hozon Au...

News  Updated at: 2025/05/15

hy the fire broke out. Fisker has so far delivered more than 1,000 "Karma" cars. Fisker Automotive said it will postpone the production launch of its new Atlantic plug-in hybrid from late 2014 to early 2015. This news comes as A123 Systems Inc., the battery supplier for Fisker, filed for Chapter 11 bankruptcy on October 16. Fisker said it has enough car batteries to last through spring 2013. In early February, Fisker said it will resume productio...

OEM Plants  Updated at: 2025/05/14

e: EV, PHV, FCV) manufacturing sites. (Source) The data are based on the figures released on the company's official website or media coverage. They may be revised as appropriate when the data is updated. - The company was established on December 1, 1997. Henan Lifan files for bankruptcy and liquidation Lifan Technology and Jirun Auto to jointly invest an additional CNY 850 million in Livan Auto Li...

OEM Plants  Updated at: 2025/05/08

sed on steering systems research, design, and manufacturing. 1998 Integrated as steering operations business division into the newly created Delphi Corporation under General Motors. 1999 Delphi Corporation was spun-off by General Motors as an independent corporation. 2005 Filed for Chapter 11 bankruptcy protection as part of Delphi Corporation. 2009 Sold to General Motors from Delphi Automotive and renamed Nexteer Automotive. 2010 Sold ...

Major Suppliers  Updated at: 2025/05/08

NOVO Energy, Sweden announces 50% layoffs amid tough market conditions On May 5, NOVO Energy announced that it is implementing cost reduction measures and restructuring its organization to scale down operations. These steps follow an extensive evaluation of its business, following the bankruptcy of its technology partner, Northvolt. The actions will lead to a 50% reduction in NOVO Energy's workforce. All layoff notices are still subject to ongoin...

News  Updated at: 2025/05/06

Zhejiang Fengsheng Automobile Technology Co., Ltd. (formerly：Fengsheng Automobile Technology Group Co., Ltd.) Geely's electric vehicle company, Formerly Zhejiang Kandi Electric Vehicle Co., Ltd., Kandi Electric Vehicle Group Co., Ltd., Kandi Electric Vehicle Group Co., Ltd., is in bankruptcy liquidation Fengsheng Automobile Technology Group's Production Capacity Plants units/year Production Capacity Note Plan Note Jiangsu Plant(Fen...

OEM Plants  Updated at: 2025/04/27

U.S. auto groups tell Trump tariffs on car parts would bring 'layoffs and bankruptcy' On April 22, a coalition of U.S. auto industry groups urged President Trump not to impose 25% tariffs on imported auto parts on May 3, warning they would cut vehicle sales and raise prices. "Tariffs on auto parts will scramble the global automotive supply chain and set off a domino effect,” the letter said, noting "it only takes the failure of one supplier to ...

News  Updated at: 2025/04/25

now Joyson Safety Systems of the U.S.), and TRW Automotive of the U.S. (now ZF Friedrichshafen AG/ ZF LIFETEC). However, following the auto industry’s largest recall ever of Takata-made inflators (using ammonium as a gas generator) that started to explode, first in the U.S., the company filed for bankruptcy protection to restructure. In April 2018, Takata (all Takata assets and businesses excluding those related to ammonium nitrate air bag infl...

Market & Tech Reports  Updated at: 2025/04/24