Deal News

Wachtell, Lipton, Rosen & Katz and CMS top M&A legal advisers by value and volume in the automotive sector for Q1–Q3 2022

Wachtell, Lipton, Rosen & Katz and CMS were the top mergers and acquisitions (M&A) legal advisers in the automotive sector…

JP Morgan and Rothschild & Co top M&A financial advisers by value and volume in the automotive sector for Q1–Q3 2022

JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the automotive sector for…

Geely and Renault agree to form new ICE powertrain company

Geely Holding , Geely Automobile Holdings and Renault Group have signed a non-binding framework agreement to create a new company…

Renesas completes acquisition of Steradian

The acquisition of Steradian will bolster Renesas’ automotive sensing capabilities Renesas has announced that it has completed the acquisition of…

NTT and Denso to build ‘ecosystem for EV batteries’

NTT DATA and Denso have started to build what they describe as an industry-wide ecosystem for electric vehicle (EV) batteries.…

Mercedes-Benz and Microsoft to collaborate on virtual manufacturing platform

Mercedes-Benz AG and Microsoft are to collaborate on a new cloud-based data platform that they claim will to make vehicle…

Aptiv to acquire high-voltage systems specialist

Aptiv has announced a definitive agreement to acquire an 85% equity stake in Intercable Automotive Solutions, a subsidiary of Intercable…

Kia and Deutsche Bahn partner for second life storage systems from used EV batteries

Kia Europe has confirmed plans to re-use former electric vehicle (EV) batteries in ’Second Life’ battery energy storage systems as…

Harman acquires in-cabin occupant monitoring specialist

Samsung-owned Harman international has announced the acquisition of Caaresys, an Israel-based company founded in 2017 that develops vehicle passenger monitoring…

Renesas to acquire Steradian for ADAS radar expertise

Renesas Electronics Corporation has announced that it has entered into a definitive agreement to acquire Steradian Semiconductors Private Limited, a…

Hyundai Motor Group invests in BOS Semiconductors

Hyundai Motor Group is to invest in BOS Semiconductors, a Korean-based fabless startup that designs and develops system-on-chip (SoC) solutions.…

Regulator approves SsangYong takeover by KG Group

South Korea’s Fair Trade Commission (FTC) this week gave the green light for the acquisition of a majority stake in…

Hyundai Mobis to split manufacturing into two subsidiaries

Hyundai Mobis Company confirmed this week it plans to restructure its automotive component operations into two separate subsidiaries, as it…

Webasto acquires Luxembourg glass specialist Carlex

Car roofs specialist Webasto has acquired Carlex Glass Luxembourg SA in Grevenmacher (Luxembourg). Carlex manufactures glass elements for passenger cars…

SK Signet and Huber+Suhner team on EV charging tech

SK Signet Inc., a manufacturer of EV charging solutions for both consumer and commercial vehicles, and Huber+Suhner, a specialist in…