VCI Global (VCIG) entered a legally binding term sheet to acquire a 51% controlling equity interest in RTCAR Comercializadora de Suministros Automotrices, a Mexico-based automotive assembly and manufacturing platform. The acquisition provides VCI Global with an immediately operational, scalable industrial base to support high-volume production for a leading global automotive original equipment manufacturer expanding its footprint in North America. RTCAR Mexico is led by a seasoned management team with extensive experience across global automotive OEMs and Tier-1 suppliers, including senior leadership roles at Fortune 500 companies. The team brings deep expertise in North American manufacturing, supply chain optimization, and USMCA-compliant operations, positioning the platform to meet international standards for quality, cost, and delivery. The automotive partner is a global OEM with a substantial sales and distribution presence. RTCAR Mexico will serve as a core manufacturing and assembly platform supporting the OEM’s North American market entry, with an initial focus on high-demand SUV and hybrid vehicle models. The existing Memorandum of Understanding (MOU) is expected to convert into a definitive offtake agreement in January 2026, ensuring guaranteed production volumes and providing early revenue visibility. The definitive agreement will formalize multi-year production volumes and commercial terms, establishing a long-term industrial growth pipeline for VCI Global.
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