Welcome to the 21st edition of our newsletter on developments in the automotive industry published by Morgan Lewis’s automotive & mobility team with contributions from lawyers in our offices around the globe. We counsel our automotive clients on a broad range of industry-specific issues, including matters relating to mergers and acquisitions, antitrust, litigation, regulatory concerns, intellectual property, and labor and employment.
This issue of Morgan Lewis AUTOMOTIVE & MOBILITY, which covers the third quarter of 2019, touches on significant acquisitions and investments, patent litigation and regulatory measures relating to antitrust, and other developments in the automotive markets.
Mergers & Acquisitions: Blackstone to Acquire Stake in Sona BLW; Toyota to Acquire Stake in Suzuki; Toray to Acquire Alva Sweden; WE Solutions to Acquire More Shares of Sino Partner Global; Pacific Equity Partners to Acquire Horizon Global’s Asia-Pacific Unit; Nidec and GAC Components to Establish Joint Venture; Ford to Acquire Journey; Ford to Acquire Quantum Signal; Toyota Motor to Invest in DiDi Chuxing and Form Joint Venture; BAIC to Acquire 5% Stake in Daimler AG; Groupe Renault to Form Joint Venture with Jiangling Motors; Volkswagen to Invest in Argo AI; Denso and Toyota to Establish Joint Venture; One Rock Capital Partners to Acquire Engineered Components & Systems Unit of Actuant; Schaeffler Production Plant Sold to Management; Volkswagen and Northvolt to Establish Joint Venture; Toyota Boshoku, Delta Kogyo, and Toyo Seat Establish Joint Venture
Antitrust: European Court of Justice Decides on Independent Spare Parts Retailers’ Access to Information; Japan Firms Fined $7.7 Million in South Korea for Carving Up Auto Parts Market; AvtoKraz Creditor Oshchadbank Wins Court Ruling Allowing It to Sell Controlling Stake; Toyota Financial Services’ Acquisition of SMM Auto Finance Cleared; SAMR Approves BMW’s Acquisition in BMW Brilliance Automotive; SAMR Approves Nanjing Valeo’s Acquisition in Suzhou Dongfeng Motor Clutch Co.; SAMR Approves Chinese Joint Venture of Daimler AG and Zhejiang Geely Holding Group
Regulatory: New PRC Vehicle Purchase Tax Law; Daimler Fined for Diesel Violations in Germany
Intellectual Property: Ford Wins Design Patent Appeal in Federal Circuit; LG Chem and SK Innovation Battle Over Battery Patents and Technology and Competing Products; Velodyne Sues Hesai Photonics and Suteng Innovation in California