How much auto industry consolidation lies ahead?
COMMENT – Auto industry consolidation just ratcheted up
Industry consolidation is much talked about in automotive circles. Just the other day, I heard the prediction - one that…
UK: Delphi ramps up acquisitions
As the automotive supplier sector sees increasing restructuring, Delphi has announced it is positioning for growth with new acquisitions and investments…
GERMANY: Mahle acquires Kokusan Denki
Mahle has announced it now holds around 90% of the shares in Kokusan Denki, a Japanese company listed on the…
US: JCI automotive future ‘looking unlikely’: source
Reliable sources close to Johnson Controls say it "looks likely there is no future" for the automotive sector within its…
US: Johnson Controls mulls auto sell-off
Johnson Controls said on Wednesday (10 June) it was exploring "strategic options for the separation of its automotive business". The…
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UK: M&A appetite of global automotive companies reaches 6-year high – EY
Growing confidence in the global economy and a relentless push for innovation will further support mergers and acquisitions (M&A) in…
US: Marchionne merger overtures to GM’s Barra rebuffed – report
A report in the New York Times suggests that FCA chief Sergionne Marchionne approached General Motors' CEO Mary Barra to…
GERMANY: ZF completes TRW buy to create EUR30bn supplier
ZF has completed its acquisition of TRW with the American supplier incorporated into its new German owner as a new…
JAPAN: Toyota and Mazda to form committee for “strategic alliance”
Toyota and Mazda plan to set up a joint committee to determine how the two companies can work closer together,…
CHINA: Dongfeng and FAW merger rumours as shares trading halted
Dongfeng and FAW Group are the subject of rumour mergers in China following senior management changes that also provoked halts…