M&A
Who’s acquiring who? Environmental sustainability M&A activity in the automotive industry remained flat in Q1 2023
Analysis of the key themes driving M&A activity reveals that environmental sustainability accounted for 6 automotive deals announced in Q1…
Edision signs final agreement to acquire Ssangyong
Following earlier reports a deal was close, a consortium led by South Korean electric vehicle (EV) manufacturer Edison Motors Company…
Renesas completes Celeno acquisition
Semiconductor maker Renesas Electronics said it had completed acquisition of Celeno Communications, a provider of wifi products. Renesas completed the…
Acquisition creates new AI company Questar
Traffilog's acquisition of automotive AI company SafeRide Technologies has produced a new company called Questar Auto Technologies. The new entity…
SK completes merger with SK Materials
SK, the holding company of South Korean conglomerate SK Group, announced it had completed the merger with its subsidiary SK…
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Stellantis completes captive finance arm buy
Stellantis announced completion of the acquisition of F1 Holdings, parent company of First Investors Financial Services Group from an investor…
Ssangyong to rebound strongly under Edison Motors
Edison Motors Company, the company poised to take over Ssangyong Motor, said it expected to turn around the bankrupt South…
Electric truck maker expects to be Ssangyong preferred bidder
A consortium led by Edison Motors was expected to be selected as the preferred bidder for SsangYong Motor, according to…
Denso Invests in cybersecurity specialist Dellfer
Denso announced it had invested in Dellfer – an automotive and IoT cybersecurity software company – participating in the company's…
Hon Hai looks to take over Lordstown Motors
Taiwan’s Hon Hai Precision Industry Company is expected this week to announce a US$280m deal to acquire Lordstown Motors Corporation,…