ar Corporation announced that it has entered into a definitive agreement to acquire select assets of Aludyne Incorporated’s North American operations.  Southfield, Michigan-based Aludyne is a Tier 1 automotive supplier specializing in lightweight aluminum chassis and structural technologies. The transaction, valued at USD 300 million, is expected to close within 30 days and is expected to be accretive soon after acquisition. The acquisition is...

News  Updated at: 2025/10/11

s ultra high-tensile steel sheets H-One to stop production at Karasuyama Plant in March Affiliate of Yachiyo Industry and H-One transferred to N Press Assembly H-ONE Co., Ltd.'s second quarter results (cumulative) H-ONE Co., Ltd.'s third quarter results (cumulative) H-One to expand business for new transactions and EVs in 7th medium-term plan; aiming for 5% profit before tax in fiscal year ending March 2026 H-ONE Co., Ltd.'s first quarter result...

Major Suppliers  Updated at: 2025/10/10

Northvolt Ett, Skellefteå Gigafactory Lithium-ion battery cells (2022-2025, Planning-); Former Northvolt Skellefteå plant, which was acquired by Lyten, plans to restart operations upon completion of the transaction. - In August 2025, Lyten, Inc. acquired Northvolt Ett facility and its expansion in Skellefteå, Sweden. - Number of Employees: over 3,500 (as of March 2025). - In September 2024, Northvolt suspended the expansion of the Skellefte...

OEM Plants  Updated at: 2025/10/10

e its investment business at the Togliatti special economic zone in Samara State. Also, Opel intends to raise the local procurement ratio in Russia to 60%. 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: 2025/10/10

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: 2025/10/10

Acquisition Corporation (AIAC). It is a leading supplier to the automotive industry, manufacturing technical, visual and safety components for premium customers across Central and Northern Europe. The site, located near the Audi Arena in Győr, employs nearly 90 skilled workers and engineers. This transaction completes LISI Automotive’s range of plastic assembly solutions parts produced by its clip solutions and will enable the company to bett...

News  Updated at: 2025/10/09

BMW China). Currently, Brilliance Auto Group Holdings Co., Ltd. (Brilliance Auto Group) holds 100% of Brilliance Motor equity, thereby solely controlling Brilliance Motor. BMW China has signed an agreement with Brilliance Auto Group to acquire all shares of Brilliance Motor. Upon completion of the transaction, Brilliance Motor will be wholly owned by BMW China. On December 16, BMW Group held a pre-New Year’s media conference. At the online ev...

OEM Plants  Updated at: 2025/10/09

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: 2025/10/09

d that it will sell 100 percent of Suzhou Daedong Science & Technology Co., Ltd.'s shares for KRW 2,602 million. Suzhou Daedong Science & Technology is located in Suzhou, Jiangsu Province, China. The Chinese subsidiary designs and develops automotive components, dies, and electronic components. The transaction is planned to be completed by April 20, 2015. (From a press release on January 20, 2015) Daedong announced that Suzhou Huachang Mechanical...

Major Suppliers  Updated at: 2025/10/09

Linamar to acquire George Fischer’s iron castings plant in Leipzig, Germany On October 7, Linamar Corporation announced that it has entered into a definitive agreement to acquire 100% of the equity interest of George Fischer’s Leipzig Casting Facility.  The transaction, valued at EUR 45 million (about CAD 72 million), diversifies Linamar’s casting solutions to include large ductile iron castings for Heavy Industrial On and Off-Highway appl...

News  Updated at: 2025/10/09

Group, is planning to sell a copper foil and thin film division of LS Mtron Ltd. to a US investment company, Kohlberg Kravis Roberts & Co. LP (KKR). The conglomerate is also planning to sell all divisions of LS Automotive Co., Ltd. to a joint company to be established by LS Mtron and KKR. The total transaction cost is projected to reach Korean won (KRW) 1050 billion. The new joint company will be owned 53% by LS Mtron and 47% by KKR, and become a...

Major Suppliers  Updated at: 2025/10/07

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: 2025/10/07

GF agrees to sell iron foundry in Leipzig, Germany to Linamar Georg Fischer AG (GF) has signed an agreement to divest its iron foundry in Leipzig (Germany) to Linamar Corp. for approximately EUR 45 million. The transaction is expected to close by the end of 2025. With 300 employees, the iron foundry specializes in complex, large-scale components for off-highway vehicles and serve the construction, agricultural, and forest machinery industries. It...

News  Updated at: 2025/10/07

l bus, built in High Point, North Carolina, and Freightliner Custom Chassis Corporation’s (FCCC) all-electric MT50e last-mile delivery truck, built in Gaffney, South Carolina, using Proterra’s battery technology. On February 1, the Volvo Group announced it has completed the previously announced transaction to acquire the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, made at a purchase price of USD 21...

OEM Plants  Updated at: 2025/10/07

price competition for automotive batteries as Chinese battery manufacturers enter the European market. The Toray Group will continue to develop and manufacture products related to LIB separator films at its operational bases in South Korea and Japan. The company anticipates that the impact of this transaction on its consolidated results for the current fiscal year will be minimal. (From an article in the Nikkan Jidosha Shimbun on October 7, 2025...

News  Updated at: 2025/10/07

European Commission clears acquisition of Dowlais, UK, by AAM On October 2, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Dowlais Group plc (Dowlais) of the UK by American Axle & Manufacturing Holdings, Inc (AAM) of the US. The transaction relates primarily to the markets for the manufacturing and supply of automotive systems and components. The Commission concluded that the notified transact...

News  Updated at: 2025/10/06

Mutares completes acquisition of AUMOVIO’s drum brake plant in Italy On October 2, Mutares SE & Co. KGaA completed the acquisition of AUMOVIO’s drum brake production and R&D location in Cairo Montenotte (Italy). As part of the share deal, Mutares has taken over all employees and business activities. The transaction strengthens Mutares’ Automotive & Mobility segment as a new platform investment under the new name Zendra Systems. The plant is...

News  Updated at: 2025/10/06

l resumption of operations. (From an article in the Nikkan Jidosha Shimbun on Aug.3, 2007) Riken Corporation sold its entire stake in its Korean subsidiary Riken of Korea Inc. (Headquarters in Daejon), which accounts for 60% of all the shares issued and outstanding, at the end of January 2008. This transaction involves the Korean subsidiary being taken over by a new management led by current management team and employees at the Korean site. Riken...

Major Suppliers  Updated at: 2025/10/03

ufacturing outsourcing company. Has 100% ownership. Nov. 2003 Established a joint venture, Yorozu Bao Mit Automotive Co., Ltd. (YBM), in Guangdong prov., China jointly with Shanghai Baosteel International Economic & Trading Corporation Ltd. and Mitsui&Co., Ltd. Mar. 2004 Through a share buyback transaction, the Company acquired all the shares that Yorozu's biggest shareholder, Tower Automotive International Yorozu Holdings, Inc. (fully owned ...

Major Suppliers  Updated at: 2025/10/03

AUMOVIO sells drum brake production and R&D site in Cairo Montenotte, Italy, to Mutares AUMOVIO SE (AUMOVIO), formerly the Automotive group sector of Continental, has completed the sale of its hydraulic drum brake production and R&D site in Cairo Montenotte, Savona, Italy, to Mutares SE & Co. KGaA. Signed on June 18, 2025, the transaction includes all employees and business activities, strengthening Mutares’ Automotive & Mobility segment. The d...

News  Updated at: 2025/10/03