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FOXTRON WILL ACQUIRE YULON MOTOR'S LUXGEN FOR $25 MILLION

  • NEWS Desk Global
  • Dec 19, 2025
  • 1 min read

Foxtron Vehicle Technologies, a joint venture between Taiwan’s Foxconn and Yulon Motor, said on Friday it would acquire Yulon Motor’s Luxgen passenger-car brand for T$787.6 million ($24.95 million).

The deal, which has been approved by the boards of both companies, will see Foxtron acquire 100% of Luxgen, including its five sales subsidiaries, sales outlets and employees.


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