1. VCI Global acquires 51% in RTCAR Mexico, enhancing automotive presence. 2. RTCAR Mexico provides scalable production for high-demand SUV and hybrid models. 3. Strong management team ready for USMCA-compliant operations in North America. 4. Multi-year production visibility ensures early revenue and growth for VCI Global. 5. First vehicle deliveries expected by Q4 2026, marking strategic market entry.
FAQ
Why Very Bullish?
This acquisition significantly expands VCIG's operational capabilities in the automotive sector, aligning with industry growth trends and providing immediate revenue potential.
How important is it?
This announcement represents a significant strategic move for VCI Global, positioning it for operational success in a rapidly growing automotive market.
Why Long Term?
The acquisition sets a foundation for sustained revenue growth, especially as the demand for SUVs and electric vehicles increases over the coming years.
VCI Global (NASDAQ: VCIG) Enters Agreement to Acquire 51% Controlling Stake in RTCAR Mexico
KUALA LUMPUR, Malaysia, Dec. 29, 2025 – VCI Global Limited (NASDAQ: VCIG) has announced that it has signed a legally binding term sheet to acquire a 51% controlling equity interest in RTCAR Comercializadora de Suministros Automotrices, S.A. de C.V. (“RTCAR Mexico”). This strategic acquisition will provide VCI Global with an operational and scalable manufacturing base to support high-volume production for a major global automotive original equipment manufacturer (OEM) as it expands its footprint in North America.
Leadership and Operations Focused on Compliance
RTCAR Mexico is managed by an experienced team with extensive backgrounds in global automotive OEMs and Tier-1 suppliers, including positions at Fortune 500 companies. Their expertise in North American manufacturing and USMCA-compliant operations positions RTCAR Mexico to meet high international standards for quality, cost, and delivery.
Market Insights and Growth Projections
The North American automotive industry is vital for regional manufacturing and global supply chains. According to the IMARC Group, the market was valued at approximately US$1.23 trillion in 2025 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% through 2034. This growth is largely driven by the persistent demand for SUVs, hybrid, and electrified vehicles, alongside ongoing automotive technological innovations.
Statista reports that combined vehicle production in the United States, Mexico, and Canada reached around 16.1 million units in 2024, highlighting North America's key role in global vehicle supply chains. Notably, Mexico accounts for over 20% of the region’s total production, solidifying RTCAR Mexico’s strategic position for export and regional distribution.
Strategic Positioning and Revenue Potential
RTCAR Mexico will serve as a core manufacturing and assembly facility for a recognized global OEM as it enters the North American market, initially targeting high-demand models such as SUVs and hybrids. The existing Memorandum of Understanding (MOU) is anticipated to evolve into a definitive offtake agreement by January 2026, ensuring guaranteed production volumes and establishing early revenue visibility. This definitive agreement will outline multi-year production volumes and commercial terms, creating a long-term growth pipeline for VCI Global.
“We are not just acquiring manufacturing capacity; we are taking control of a proven automotive platform with an experienced team and a clear route to scaled production. By acquiring a controlling stake in RTCAR Mexico, we are positioning ourselves strategically within the North American automotive supply chain, accelerating our entry into large-scale EV and SUV manufacturing, and diversifying VCI Global’s earnings towards asset-backed, recurring industrial revenue,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global. “We expect first vehicle deliveries in Q4 2026, signaling the beginning of a multi-year growth trajectory.”
About RTCAR Mexico
RTCAR Comercializadora de Suministros Automotrices, S.A. de C.V. is a leading automotive manufacturing platform dedicated to delivering high-quality, cost-effective solutions for global automotive OEMs and Tier-1 suppliers. Located in Mexico, RTCAR Mexico optimizes supply chains while adhering to regional trade standards, including compliance with USMCA. The company’s advanced manufacturing processes, coupled with a strong commitment to operational excellence, position it as a reliable partner in the automotive value chain.
About VCI Global Limited
VCI Global Limited is a cross-sector platform builder at the forefront of technology and financial architecture. The Company is dedicated to developing scalable platforms that harness artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital markets solutions. By integrating innovative technology with financial ecosystems, VCI Global empowers various entities, including enterprises and governments, to seize opportunities within the evolving digital economy.
To learn more about VCI Global, visit v-capital.co.
Forward-Looking Statements
This press release contains forward-looking statements subject to various risks and uncertainties. Statements regarding VCI Global’s growth prospects, manufacturing capabilities, and market strategies involve potential risks. Due to their nature, actual results may differ significantly from those projected. Factors such as competitive pressures, economic conditions, and operational execution can significantly impact outcomes. For more details, please refer to the Company’s filings with the United States Securities and Exchange Commission (SEC).
Contact Information
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VCI GLOBAL LIMITED
Email: enquiries@v-capital.co