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European Commission clears acquisition of Dowlais, UK, by AAM
omponents. The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active. The notified transaction was examined under the normal merger review procedure. Based on European Commission newsletter of October 2, 2025...
News Updated at: 2025/10/06
Hankook Tire & Technology Co., Ltd. (Formerly Hankook Tire Co., Ltd.)
motive thermal management system components, such as heating, ventilation, and air conditioning modules. The Commission concluded that the notified transaction would not raise competition concerns as the 2 firms are not active in the same or vertically related markets. (Based on European Commission newsletter on August 7, 2024) Hankook Tire & Technology Co., Ltd. announced that it earned the 2023 Mass Production Supplier Awards from Honda Motor C...
Major Suppliers Updated at: 2025/09/30
Dowlais Group plc
omponents. The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active. The notified transaction was examined under the normal merger review procedure. Based on European Commission newsletter of October 2, 2025 JTEKT Corporation announced it will absorb its sales company of constant velocity joints effective July 1 in a bid to fo...
Major Suppliers Updated at: 2025/09/26
Hanon Systems (Formerly Halla Visteon Climate Control)
motive thermal management system components, such as heating, ventilation, and air conditioning modules. The Commission concluded that the notified transaction would not raise competition concerns as the 2 firms are not active in the same or vertically related markets. (Based on European Commission newsletter on August 7, 2024) Hanon Systems Co., Ltd. announced the development of the fourth-generation heat pump system for electric vehicles (EVs)....
Major Suppliers Updated at: 2025/09/25
Neo Performance Materials opens rare earth magnet manufacturing plant in Estonia
conomy in Narva and the wider Ida-Viru County by creating up to 1,000 jobs. As more than 90% of magnets currently imported in the EU come from China, the new factory will greatly increase Europe's strategic autonomy and competitiveness. Based on press release from Neo Performance Materials/ daily newsletter of European Commission ...
News Updated at: 2025/09/22
IAA MOBILITY 2025: Togg to premiere T10F EV sedan and debut T10X SUV
rque. The AWD model comes with dual motors producing 320 kW (435 PS) of power and 700 Nm of torque. Additionally, the company will also showcase Siro, its battery venture, and Trugo, Turkey’s largest high-speed charging network, under the theme “Clean Energy Solutions.” Based on IAA Mobility newsletter on August 28 and Togg website Reference: Togg plants, Togg monthly sales by model in Turkiye...
News Updated at: 2025/09/01
IAA Mobility 2025: Dongfeng Forthing, China, to present three new models
IAA Mobility 2025: Dongfeng Forthing, China, to present three new models On August 29, IAA Mobility, in a newsletter, revealed that Chinese automaker DFM Forthing and its German general importer, Indimo Automotive, will present three new models at the event. The models are the Forthing 4 PHEV, the Forthing 7 REEV, and the Forthing 9 PHEV. With a focus on modern design, intelligent features, and efficient propulsion, the lineup combines plug-in hy...
News Updated at: 2025/09/01
Benteler Group (Benteler Automobiltechnik GmbH)
e transaction relates primarily to the development of electric, autonomous driving vehicles. The Commission concluded that the notified transaction would not raise competition concerns, given that the companies are not active in the same or vertically related markets. (Based on European Commission newsletter from June 20, 2024) HOLON signed a joint memorandum of understanding with RMV-The Company announced that its subsidiary, HOLON signed a jo...
Major Suppliers Updated at: 2025/08/27
IAA Mobility 2025: Lucid Motors to present Lucid Gravity for first time in Europe
d that Lucid Motors will present the Lucid Gravity, a luxury SUV, for the first time in Europe. With seating for up to seven passengers, more than 3,000 liters of flexible cargo capacity, and a range of 750 km, the Gravity is designed for the diverse demands of European roads. Based on IAA Mobility newsletter on LinkedIn...
News Updated at: 2025/08/27
IAA Mobility 2025: InfiMotion, China to present new e-drive systems
in next-generation EV drivetrains. InfiMotion Technology is a global leader in electric drive unit (EDU) solutions for electric and hybrid vehicles. To support global growth, InfiMotion has established R&D centers in Gothenburg, Sweden, and multiple locations throughout China. Based on IAA Mobility newsletter on LinkedIn...
News Updated at: 2025/08/26
IAA Mobility 2025: Changan Deepal to present compact SUV S05 in Germany
s all-new electric Deepal S05 in the event. Available purely electric or with a range-extender, the compact crossover features up to 235 hp, a 56.1 kWh CATL battery (510 km range) in EV form, or a combined 1,234 km range with the REEV’s 1.5-liter engine and 27.3 kWh battery. Based on IAA Mobility newsletter on Linkedin ...
News Updated at: 2025/08/26
LG Chem Ltd.
ts appropriateness and proportionality. The Commission cannot exclude at this stage that the public support exceeds the maximum permissible aid intensity for the project. The Commission will now investigate further to determine whether the initial concerns are confirmed.Based on European Commission newsletter of August 11, 2020 On December 5, GM and LG Chem announced a joint venture to assemble batteries for electric vehicles at a new plant in Lo...
Major Suppliers Updated at: 2025/07/29
Valeo Group
so be showcased. In addition, it will present safety technologies like Aquablade, which cleans the windshield to ensure constant visibility, Driver Monitoring System (DMS), integrated into the B-pillar of transport vehicles, Scala-3-LiDAR, the world's first mass-produced 3D laser scanner. (Based on Newsletter from IAA Transportation 2024 dated July 24, 2024) Technologies shown at Auto China 2024 -The Company announced that it will join Auto Chi...
Major Suppliers Updated at: 2025/07/29
Cummins Inc.
nd technology. The Commission concluded that the proposed acquisition would raise no competition concerns, because of the very limited overlap between the products supplied by Meritor and Cummins. The transaction was examined under the simplified merger review procedure. (From a European Commission newsletter dated July 27, 2022) Cummins Inc. (Cummins) announced that it exhibited 9 products at the 21st China International Power and Generator Sets...
Major Suppliers Updated at: 2025/07/28
American Axle & Manufacturing Holdings, Inc.
omponents. The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active. The notified transaction was examined under the normal merger review procedure. Based on European Commission newsletter of October 2, 2025 SAE 2016 World Congress 2016 SAE-China Congress & Exhibition WCX17: SAE World Congress Experience 2017 SAE-China Congres...
Major Suppliers Updated at: 2025/07/28
Lear Corporation
arket power following the merger, Lear is unlikely to be able to engage in a strategy of input foreclosure of seat thermal heat mats and a strategy of customer foreclosure. The Commission thus concluded that the proposed acquisition would raise no competition concerns. (Based on European Commission newsletter of April 25, 2023) Various media sources reported that Lear Corporation (Lear) is expanding its manufacturing footprint by 268,000 square f...
Major Suppliers Updated at: 2025/07/28
Sumitomo Rubber Industries, Ltd.
of Japan. The transaction relates primarily to the manufacture of rubber tires. The Commission concluded that the notified transaction would not raise competition concerns, given the companies' limited combined market position resulting from the proposed transaction. Based on European Commission newsletter from April 10, 2025 The Goodyear Tire & Rubber Company (Goodyear) announced that it has completed the sale of the company's rights to the D...
Major Suppliers Updated at: 2025/07/28
Norsk Hydro ASA
or the production of battery materials in the US and the European Economic Area. The Commission concluded that the proposed acquisition would raise no competition concerns given its very limited impact on the market. The transaction was examined under the simplified merger review procedure. (From a newsletter dated August 25, 2022) Vianode announced that the transaction where Norsk Hydro and Altor Equity Partners each will acquire 30% ownership i...
Major Suppliers Updated at: 2025/07/24
Pirelli Tyre S.p.A.
bia. The Commission concluded that the proposed acquisition would raise no competition concerns, given that the joint venture has no current or foreseen activities in the European Economic Area. The transaction was examined under the simplified merger review procedure. (Based on European Commission newsletter from January 30, 2024) Pirelli Puerto Interior in Mexico celebrated the production of 50 million tires. The event also marked the openi...
Major Suppliers Updated at: 2025/07/22
KIRCHHOFF Automotive supplies various parts for VW, BMW, Mercedes, and Ford models
KIRCHHOFF Automotive supplies various parts for VW, BMW, Mercedes, and Ford models On June 18, KIRCHHOFF Automotive, in a newsletter, announced that it is supplying formed parts and welded assemblies, including front and rear side members, front panels, and body forming parts for the Ford Puma and Ford Transit Courier BEV programs. These components are produced across the Craiova (Piteşti) plant in Romania, Mielec in Poland, and Esztergom in Hun...
News Updated at: 2025/06/25