rategic expansion, IONCOR, Valmet Automotive’s battery systems subsidiary, will become a subsidiary of Finnish Minerals Group (FMG), a state-owned company developing the battery value chain. Alongside FMG, Varma Mutual Pension Insurance Company and Pontos Group will also join as owners. After the transaction FMG will hold 70% of IONCOR, Varma 16%, and Pontos 14%. In 2024, Valmet began a strategic review to make its business areas more independe...

OEM Plants  Updated at: 2025/12/22

oming D-SUV offerings. With this expansion, Nissan targets 100,000 units annually in combined domestic sales and exports from India. On March 31, 2025, Renault Group announced that it would acquire Nissan's 51% stake in their joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL). This transaction will give Renault full ownership of RNAIPL upon completion, which is expected by mid-2025, subject to regulatory approvals. The deal inclu...

OEM Plants  Updated at: 2025/12/19

shares that were pledged. After this, the promoter group will still own around 34% of Ola Electric, and the company has said there is no change in control or in its long-term plans.​ The step has been taken to remove all promoter share pledges and reduce related risk. Ola Electric added that this transaction is only at the promoter’s personal level and does not affect the company’s operations, governance, or strategy. Based on Ola Electric'...

News  Updated at: 2025/12/19

Magallanes Value Investors acquires 3.24% stake in EBRO, Spain On December 17, EBRO announced that Iberian fund Magallanes Value Investors has acquired a 3.24% stake in its share capital. The company has not disclosed the value of the transaction. The company has reindustrialized the former Nissan plant in Barcelona, Spain, with its Chinese partner Chery. The stake was sold by the founding partners from their current holdings to bring in a leadin...

News  Updated at: 2025/12/19

CIE Automotive acquires Aludec Group for EUR 200 million CIE Automotive, S.A. announced the acquisition of 100% of the share capital of Aludec, S.A. (Aludec) for an enterprise value of EUR 200 million. The closing of the transaction is subject to the fulfilment of customary conditions. Aludec specializes in the manufacture of decorative plastic and metal components for both the interior and exterior of vehicles. The company employs around 1,300 e...

News  Updated at: 2025/12/19

from 15.3 mn units/year in October. Although the lack of EV tax credits was again a drag on sales, the rest of the market performed relatively well, considering that economic concerns and cost pressures due to tariffs could have caused a much more severe slowdown than we have seen thus far. Average transaction prices were US$46,205 in November, down by US$207 MoM, and up by a modest 2.0% YoY, below inflation overall. Canadian Light Vehicle sales ...

Market & Tech Reports  Updated at: 2025/12/19

s announced the closing of a deal to acquire the Russian assets of Mercedes-Benz. The Ministry of Industry and Trade of Russia and the Avtodom are working out options for attracting industrial partners for the quick restart of the production site in Esipovo. Avtodom completed the final stage of the transaction for the transfer of shares and shares of Mercedes-Benz AG in the Russian subsidiaries of Avtodom JSC, including Mercedes-Benz Rus JSC (off...

OEM Plants  Updated at: 2025/12/19

), representing 77.04% of the issued and paid-up capital of SACL, to ABT Transport Private Limited. The total consideration value is USD 82,685,002, or approximately THB 2,995,565,998. Despite the approval dated October 27, there are uncertainties that may impact the timing of the completion of the Transaction. Therefore, the Company decided to disclose such information once the transaction is certain, which is when the Company received first con...

Major Suppliers  Updated at: 2025/12/19

Aurobay will remain a strategic partner to Volvo Cars and the sole provider of hybrids and mild-hybrid powertrains. The proceeds from the divestment will be used in Volvo Cars' transformation to a fully electric company, including its new production line for electric motors in Skövde, Sweden. The transaction is expected to be closed before year-end of 2022, provided necessary regulatory approvals have been obtained....

OEM Plants  Updated at: 2025/12/18

es a dazzle-like camouflage. On June 16, Renault Group announced the sale of 148 hectares of land at its Douai plant to Douaisis Agglo and the Etablissement Public Foncier Nord (EFP). This agreement is part of the implementation of the new Renault Electricity entity announced on June 9th. This land transaction will enable Renault ElectriCity to improve the compactness of its Douai site and to optimize the structural and operating costs of the new...

OEM Plants  Updated at: 2025/12/18

he need for winding up. Based on the TVS Motor Company stock exchange notification On December 9, 2025, Brakes India, a TVS Group company, acquired a 10% shareholding in Japan’s TBK Co. Ltd. through a primary capital infusion, as part of a capital and business alliance agreement. The value of the transaction was not disclosed. TBK, a global auto components maker in the medium and heavy commercial vehicle segment, focuses on brakes, pumps, and e...

Major Suppliers  Updated at: 2025/12/18

SeeWay.ai to invest in Phigent Robotics SeeWay.ai Co., Ltd. (SeeWay.ai) announced that it will subscribe for the issued shares of Beijing Phigent Robotics Technology Co., Ltd. (Phigent Robotics) for CNY 250 million and its 100% stake in an intelligent driving subsidiary. Upon completion of the transaction, SeeWay.ai will become the largest shareholder of Phigent Robotics with a 39.14% stake, and the reorganized Phigent Robotics will function as a...

News  Updated at: 2025/12/18

20% stake in Shanghai Nissei Display System Co., Ltd. (Shanghai Nissei) to Nippon Seiki Co., Ltd. (Nippon Seiki) for CNY 103,631,540.Upon completion of the transfer, INESA no longer owns any of Shanghai Nissei. Preliminary estimates suggest an investment proceeds of around CNY 8.9 million from the transaction.(From a Feilo Acoustics press release dated December 11, 2025)...

News  Updated at: 2025/12/18

r which the company will need one or more partners to support such activities. On April 11, Lucid announced it has reached an agreement to acquire facilities and assets in Arizona previously belonging to Nikola Corp., subject to approval by the U.S. Bankruptcy Court for the District of Delaware.The transaction does not include the acquisition of Nikola's business, customer base, or hydrogen fuel cell electric truck technology. Lucid will take ove...

OEM Plants  Updated at: 2025/12/17

ault Group acquired Nissan’s 51% shareholding in Renault Nissan Automotive India Private Ltd (RNAIPL), becoming its sole owner - March 2025: Renault Group will acquire Nissan’s 51% shareholding in Renault Nissan Automotive India Private Ltd (RNAIPL), resulting in 100% ownership by Renault. The transaction is anticipated to be completed by the end of H1 2025. - Total employees: 15,000 (As of 2023) - Founded in 2008 Nissan Motor India inaugur...

OEM Plants  Updated at: 2025/12/17

ead-acid storage batteries for automobiles in Indonesia. GS Yuasa will acquire all 18.80 million shares of new stock TBP is going to issue in October for about 46.4 billion rupiah (approximately 430 million yen), making it its affiliated company accounted for under the equity method. When the share transaction is completed, the GS Yuasa Group, which owns TBP shares through PT. Yuasa Battery Indonesia as well, will become a 50 percent shareholder ...

Major Suppliers  Updated at: 2025/12/17

kkan Jidosha Shimbun on February 7, 2018) On May 22 Pacific Industrial Co., Ltd. (Pacific Industrial) announced that it would acquire three Schrader Group companies producing automotive valves, one based in the U.S. and two in France, from U.K.-based Sensata Technologies Holding PLC (Sensata). The transaction, which is being valued at a total of approximately JPY 20 billion, is expected to be concluded by the end of July 2018. By enhancing its p...

Major Suppliers  Updated at: 2025/12/17

e operations of its wholly-owned subsidiary, intends to improve efficiency of its management/development systems and further strengthen its competitive edge as an integrated group. Consequently Nakamura Seisakusho will be dissolved and merged with Kikuchi. The company stated that the aforementioned transaction will have only a negligible effect on the company's operating results. (From a press release on Nov. 29, 2007) Kikuchi Co., Ltd. has b...

Major Suppliers  Updated at: 2025/12/17

on April 1, 2017) JTEKT Corporation announced that it has reached an agreement with Tachi-S Co., Ltd. and Fuji Kiko Co., Ltd. regarding transfer of Fuji Kiko's seat business to Tachi-S and the acquisition of all Fuji Kiko stock by JTEKT through a takeover bid (TOB), to which Tachi-S will apply. The transaction will help JTEKT expand its steering system business, and Tachi-S strengthen its seat business. Fuji Kiko will be delisted from the first s...

Major Suppliers  Updated at: 2025/12/17

ned a representative office at Dusseldorf in Germany. Dec. 1999 Aichi USA acquired total ownership of Louisville Forge and Gear Works, LLC, thereby making it into a subsidiary. Jun. 2000 Established the Dusseldorf Representative as Aichi Europe, making it into a local subsidiary.Capital for the transaction was about 10 million yen. In the processing of registering the establishment, the office will open on August 1, 2000. Nov. 2000 Tie-up w...

Major Suppliers  Updated at: 2025/12/17