In the Chinese automotive industry, there were 13 M&A deals announced in Q2 2023, worth a total value of $339.6m, according to GlobalData’s Deals Database. The $142.7m minority acquisition of anhui ankai automobile by jac motors was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in China decreased by 85% in Q2 2023 compared with the previous quarter’s total of $2.2bn and fell by 66% as compared to Q2 2022. Related deal volume increased by 44% in Q2 2023 versus the previous quarter and was 7% lower than in Q2 2022.

For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

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