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Welcome to the 17th edition of our newsletter on developments in the automotive industry published by Morgan Lewis’s automotive 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, which covers the third quarter of 2018, touches on matters relating to self-driving cars, emission rules, and other developments in the global automotive markets.
In this issue:
- Mergers & Acquisitions: Hyundai invests in Israeli auto tech firm Autotalks; BMW acquires right for equity investment in Chinese battery manufacturer CATL; Nissan to sell battery unit to China’s Envision; Schaeffler acquires Space Drive technology from Paravan; Toyota group companies form joint ventures for automated driving; Toyota invests $500m in Uber; Magna to acquire Olsa; Renesas to acquire Integrated Device Technology; Daimler buys stake in VW used-car platform; American motor home company purchases Hymer Group; Chinese automaker plans to open manufacturing facility in Tunisia; Volkswagen and Microsoft announce strategic cooperation; Consortium to construct nickel plant in Indonesia for electric vehicle batteries.
- Antitrust: Toyoda Gosei fined for anticompetitive behavior; KLine penalized R99m for price-fixing.
- Regulatory: Daimler gets approval for self-driving vehicle tests in Beijing; Stuttgart to ban older diesels in 2019; Frankfurt ban on older diesel cars to begin in 2019; Diesel models banned by Switzerland; Japan enlists companies to develop flying cars; World Harmonized Light Vehicle Test to enter into effect in the European Union; Chinese government to increase regulation of EV safety; China plans to limit domestic automakers’ production capacity.
- Intellectual Property: Honda licenses hybrid vehicle patents from Paice and the Abell Foundation; LiDAR inventor wins Inventor of the Year award.