Total automotive industry M&A deals worth $6.4bn were announced in the US in Q1 2022, led by Cummins’ $3.7bn acquisition of Meritor, according to GlobalData’s deals database.

 
  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 3353.1% over the previous quarter and a rise of 117.6% when compared with the last four-quarter average of $2.96bn.

The US held a 73.18% share of the global automotive industry M&A deal value that totalled $8.8bn in Q1 2022.

In terms of deal activity, the US recorded 35 M&A deals during Q1 2022, marking an increase of 52.17% over the previous quarter and a rise of 68.67% over the last four-quarter average.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

US automotive industry M&A deals in Q1 2022: Top deals

The top five automotive industry M&A deals accounted for 100% of the overall value during Q1 2022.

The combined value of the top five automotive M&A deals stood at $6.44bn, against the overall value of $6.4bn recorded for the quarter.

The top five automotive industry M&A deals of Q1 2022 tracked by GlobalData were:

1) Cummins $3.7bn acquisition deal with Meritor

2) The $2.1bn acquisition of GM Cruise by General Motors

3) Cummins $325m acquisition deal with Jacobs Vehicle Systems

4) The $255m acquisition of dlhBOWLES by ABC Technologies

5) ARI Network Services $57.5m acquisition deal with Highline Sale Investor Group

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now