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Aston Martin Draws Bids from Mahindra, Equity Firm
11/25/2012London-based private equity firm Investindustrial and Indian SUV maker Mahindra & Mahindra are the finalists in a bidding for a 50% voting stake in Aston Martin Lagonda, according to news reports.
Italian Firm, Mahindra Vie for Aston Martin Stake
11/25/2012U.K. private equity firm Investindustrial and Indian SUV maker Mahindra & Mahindra are the finalists in a bidding for a 50% voting stake in Aston Martin Lagonda, according to news reports.
GM to Buy Ally Auto-Loan Units in Europe, S. America
11/25/2012General Motors Co. confirms that it will buy Ally Financial Inc.'s auto finance units in Europe and Latin America for $4.2 billion (€3.2 billion). The purchase price also includes Ally's 40% ownership in a Chinese auto loan joint venture with Shanghai Automotive Industry Corp.
GM to Buy Ally Auto-Loan Units in China, Europe
11/25/2012General Motors Co. confirms that it will buy Ally Financial Inc.'s auto finance units in Europe and Latin America for $4.2 billion.
GM to Buy Ally Overseas Auto Loan Business
11/25/2012General Motors Co. confirms that it will buy Ally Financial Inc.'s auto finance units in Europe and Latin America for $4.2 billion.
Thieves Just Say “No” to Prius
11/21/2012Car thieves in the U.S. shun the Toyota Prius hybrid, according to the National Crime Information Center.
Fiat May Need More Cash to Buy Rest of Chrysler
11/21/2012Fiat SpA may need to raise €1.6 billion to €2.9 billion ($2 billion-$3.7 billion) to finance the acquisition of the 41.5% of Chrysler Group it doesn't already own, Bloomberg News reports, citing a report by UBS analyst Philippe Houchois.
Investors Worry About Fiat Cash
11/21/2012Fiat SpA may need to raise €1.6 billion to €2.9 billion to finance the acquisition of the 41.5% of Chrysler Group it doesn't already own, Bloomberg News reports, citing a report by UBS analyst Philippe Houchois.
GKN, Magneti Marelli Plan New Factories in China
11/21/2012Fiat SpA's Magneti Marelli parts unit has formed a joint venture to begin producing auto exhaust system components in Hefei in January.
Nissan Knocks 11% Off Entry-Level Leaf EV in Japan
11/20/2012Nissan Motor Co. has introduced an updated version of its Leaf electric sedan in Japan, including a new model priced $5,000 below the standard $45,900 car.