GAC Fiat Chrysler Automobiles Co., Ltd. (GAC FCA) Viaggio (-2020), Ottimo (-2017); Jeep Cherokee (2015-2022), Jeep Commander (2018-2022), Jeep Commander PHV (CKD) (2019-2022); Engines (T-Jet, NA, Fire, TigerShark, GME, GSE); the Joint Venture of GAC and Stellantis Group--GAC FCA, Changsha Plant, July 2025, declared bankruptcy, formerly GAC Fiat Automobiles Co., Ltd. GAC Fiat's Output : Vehicle 16,313 units ( 2021 ) Vehicle 38,636 units ( 2020 ...

OEM Plants  Updated at: 2025/07/18

, 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. Citroen presented the DS3 Electrum concept car based on the DS3 compact hatchback at the Paris Motor Show. It ha...

OEM Plants  Updated at: 2025/07/18

e funds for continuation of operations Evergrande Auto announces termination of proposed transactions, debt-to-equity conversion 29% of shares in Evergrande Auto to be acquired Evergrande Auto ordered to suspend production and sales, return CNY 1.9 billion in subsidies Individual creditor files for bankruptcy liquidation of Hengchi Auto On March 30, Evergrande Health held a briefing to release its business performance in 2019. Evergrande Health a...

OEM Plants  Updated at: 2025/07/18

011 and sold in Israel and a part of Europe. The Kangoo Express Z.E. will be assembled at Maubeuge plant in France for the launch in the first half of 2011. Renault announced on May 27 that it will continue to provide after-sales servicing for Fluence ZE and these vehicles' batteries even after the bankruptcy of its EV business partner, Better Place. Renault and Better Place sealed the deal in 2008 to establish EV charging stations in which owner...

OEM Plants  Updated at: 2025/07/17

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: 2025/07/17

, 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 May 6, Stellantis announced it plans to expand in-house production of hydrogen fuel cell vehicles on both mid...

OEM Plants  Updated at: 2025/07/17

JS Foundry goes bankrupt with total debts of JPY 16.1 billion On July 14, JS Foundry KK. (JS Foundry, Minato Ward, Tokyo), a power semiconductor foundry, filed a petition for bankruptcy with the Tokyo District Court, and the court decided to start bankruptcy procedures for the company. The total debt is around JPY 16.1 billion. JS Foundry decided to discontinue its business because its negotiations for sponsorship with a foreign company were brok...

News  Updated at: 2025/07/16

GAC FCA officially declares bankruptcy On July 8, the administrator of GAC Fiat Chrysler Automobiles Co., Ltd. (GAC FCA) announced that it filed for a ruling to declare the company bankrupt with the Changsha Intermediate People’s Court of Hunan Province based on some creditors’ opinions and after discussion by the creditors’ committee, as the company has no possibility of reorganization. The filing was approved on June 24. Due to no bids, G...

News  Updated at: 2025/07/10

, 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: 2025/07/10

t two of its subsidiaries have entered into an asset sale and purchase agreement with Robert Bosch LLC and its affiliate Frenados Mexicanos, S.A. de C.V., for the sale of their brake components business, including a manufacturing plant in Saltillo, Mexico. Pursuant to the procedures outlined in the Bankruptcy Code, the company filed a motion on June 15, 2007 with the U.S. Bankruptcy Court for the Southern District of New York to request a bidding...

Major Suppliers  Updated at: 2025/07/09

Parts develops, produces and sells automotive wiper assemblies, brake valves, and other components. It generated CNY 83.7 million in sales and CNY -12.8 million in net profit during 2013. (From an announcement by the company on November 28, 2014) A123 Systems, a U.S. battery supplier that declared bankruptcy in October, said it is seeking a 50 million dollars loan from Wanxiang Qianchao. The company is intending to continue service to its cust...

Major Suppliers  Updated at: 2025/07/08

pproximately EUR 1.5 billion for a 20% stake in the company. Both automakers are creating Leapmotor International, a Stellantis-led joint venture, with a 51:49 ownership split, granting rights for Leapmotor product export, sales, and manufacturing outside China. - In November 2020, the liquidation bankruptcy of Hangzhou Changjiang Automobile Co., Ltd. was officially accepted. - According to research by Marklines in June 2019, Changjiang Auto si...

OEM Plants  Updated at: 2025/07/08

Neta Auto to receive CNY 5 billion investment from investment institutions Neta Auto forms partnership with Shanghai branches of CITIC Bank, CITIC Securities Hozon Auto files for IPO with HKEX Neta Auto Hong Kong R&D Center inaugurated Neta Auto forges partnership with BBVA Mexico Hozon Auto faces bankruptcy review Neta Auto commissions its global headquarters in Putuo District, Shanghai Neta Auto forms partnership with Avnet to jointly promote ...

OEM Plants  Updated at: 2025/07/08

NEV (New Energy Vehicle: 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. - On July 1, 2025, SAIC-Hongyan Automobile Co., Ltd. encountered a bankruptcy reorganization application from its creditor Chongqing Anji Hongyan Logistics Co., Ltd. Although the court has accepted the case and filed ...

OEM Plants  Updated at: 2025/07/07

Hozon Auto starts seeking potential investors On June 12, the Jiaxing Intermediate People’s Court of Zhejiang Province ruled to accept the bankruptcy reorganization case of Hozon New Energy Automobile Co., Ltd. (Hozon Auto), the parent company of Neta Auto, and appointed three law firms as joint administrators to oversee the process. To expedite Hozon Auto’s bankruptcy reorganization process for effective revitalization of assets and maximiza...

News  Updated at: 2025/07/04

ing, coupled with recycling, is expected to require a total investment of USD 5 billion. Northvolt, Sweden to establish gigafactory in Quebec, Canada Northvolt, Sweden files for Chapter 11 reorganization in USA Canada demands OEMs honor planned investments amid tariff struggle Northvolt files for bankruptcy in Sweden On September 28, Northvolt announced that it would establish a fully integrated lithium-ion battery gigafactory, named Northvolt ...

OEM Plants  Updated at: 2025/07/03

wnship, Michigan Recaro unveils new Recaro Sport Seat Platform Recaro won a contract with MAN to increase annual seat production Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS RECARO Automotive North America acquires C12 Technology assets Recaro Automotive files bankruptcy; No impact on Recaro Automotive Japan RECARO Automotive not out of business Johnson Controls to acquire Keiper Recaro's seat business ...

Major Suppliers  Updated at: 2025/07/02

y's wholly-owned subsidiary, acquired EMS Technologies, Inc. Jul. 2014 Sold Friction Materials business (Bendix Friction Materials) to Federal Mogul for USD 155 million. Oct. 2018 Completed to spin-off its Transportation Systems Division as Garrett Motion  Inc. Sep. 2020 Filed for Chapter 11 bankruptcy. Apr. 2021 The Company emerged from bankruptcy. May 2021 The Company common stock has commenced trading on the Nasdaq Global Select Mar...

Major Suppliers  Updated at: 2025/07/02

NETA Thailand under Excise Dept.’s close watch amid parent firm uncertainty Reported on June 25, 2025, Thailand’s Excise Department revealed that the situation involving Neta Thailand is under close watch, with continuous discussions being held involving the department and relevant parties. NETA's parent firm in China, Zhejiang Hozon New Energy Automobile Co., Ltd., has initiated bankruptcy proceedings, prompting concerns over potential impac...

News  Updated at: 2025/06/26

Neta’s future in Brazil uncertain due to bankruptcy in China Chinese EV brand Neta, which entered Brazil in November 2024, is facing major financial trouble after its parent company Hozon Auto officially entered bankruptcy proceedings in China. Despite promising a long-term presence in Brazil, Neta has sold only 51 vehicles in the country over seven months. Local operations showed instability earlier this year when its website and social media ...

News  Updated at: 2025/06/25