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Welcome to the 29th edition of our newsletter on developments in the automotive industry published by Morgan Lewis’s automotive and 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 2021, touches on significant joint ventures and investments, recent penalties and antitrust filings, new regulations in China and Germany, and notable intellectual property disputes. All issues of Morgan Lewis AUTOMOTIVE & MOBILITY are available at www.morganlewis.com.
IN THIS ISSUE
- Mergers & Acquisitions: Dongfeng Sold 1.15% Stake in Stellantis for $710 Million; Lear Corporation to Enter Joint Venture with HU Lane Associate; Chery and Haier Formed JV Automotive IoT Platform; Ideanomics to Acquire VIA Motors International; Mazda Restructured China Car JV with Changan and FAW; Faurecia, Hella Announce EUR 6.7 Billion Auto Parts Merger; LEO II Fund to Acquire Schaeffler Global Chain-Drive Business; Yuan Rong Qixing Received $300 Million Financing Led by Alibaba; Porsche and Rimac Automobili Form New Bugatti Rimac JV; Volvo Group, Daimler Truck, Traton Form JV; Action Composites to Acquire Thyssenkrupp Carbon Components; Materion to Acquire HCS-Electronic Materials for $380 Million; Magna to Acquire Veoneer
- Antitrust: SAMR Penalized Huidi Tianjin and FAW for Failure to Make an Antitrust Filing; SAMR Penalized Xiaoju Technology and Beijing Electric for Failure to Make an Antitrust Filing
- Regulatory: Multiple Ministries of China Jointly Issued the Provisions on Management of Automotive Data Security; The New “Three Guarantees for Automobiles” Will Be Implemented Next Year; After the German Elections: Cars and Emissions-Free E-mobility - Sharp Differences Between the German Political Parties
- Intellectual Property: Right-to-Repair Ballot Initiative Law in Massachusetts Challenged; Jaguar Land Rover Ends Patent Fight with Volkswagen