Daimler sees $780 million windfall from sale of Tesla stake
Oct. 21, 2014 23:18 CET
Auto News Europe
FRANKFURT -- Daimler AG on Tuesday said it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc.
A cooperation agreement to supply...
BEIJING (Reuters) - Ford Motor Co (F.N) has raised its stake in Jiangling Motors Corp Ltd to 31.5 percent and is looking to increase it to as much as 32 percent over the next year, both companies said on Wednesday.
Ford has bought 13,002,396 of Jiangling's Hong Kong dollar-denominated...
Malaysia sells stake in Lotus-parent Proton
By Drew Johnson
Jan 16th, 2012
The Malaysian government has sold its stake in Proton – the automotive parent of sports car maker Lotus . The sale by Khazanah Nasional – a state-owned investment firm – throws the future of Lotus further into...
GERMANY: VW takes majority stake in MAN
4 July 2011
Volkswagen said on Monday (4 July, 2011) it now holds a majority of the heavy truck maker MAN. It was was obliged by German law to make a public offer for MAN shares after its holding rose above 30%.
The group has now acquired...
Fiat will hike stake in Chrysler
Alisa Priddle and David Shepardson
April 21. 2011
Italian automaker Fiat SpA essentially takes control of partner Chrysler Group LLC with today's confirmation of a Detroit News report that it will assume a 46 percent stake in partner Chrysler Group...
Fiat increases stake in Chrysler to 25%
by Noah Joseph
Jan 10th 2011
Fiat is seriously commited to rebuilding Chrysler, and to that end it's increased its stake in the Michigan-based automaker by an additional five percent.
The reshuffled ownership breakdown still leaves the...
Ford intends to hike stake in China's Jiangling Motors -source
BEIJING | Thu Dec 16, 2010 10:33pm EST
Dec 17 (Reuters) - Ford Motor (F.N) intends to raise its 30 percent stake in Jiangling Motors Corp (000550.SZ), a major Chinese light commercial vehicle maker, a person with direct...
Ford to start building new plant in east China next year
December 14, 2010
Ford Motor said Monday it will begin construction on a new plant in Nanchang City, capital of east China's Jiangxi Province, next year.
The plant will begin operations in 2013, Ford Asia-Pacific and...
Fiat reportedly set to raise stake in Chrysler
by Jeff Glucker
Oct 22nd 2010
Sergio Marchionne, CEO of Fiat and Chrysler, has reportedly indicated that the Italian automaker is interested in raising its stake in the Auburn Hills automaker. Currently, Fiat owns 20 percent of...
China stake a 'tricky sell,' even for global GM
The Detroit News
It's probably a safe bet to say the feds didn't rescue General Motors Co. from imminent collapse just to sell a chunk of the new company to the Chinese.
Yet there's a good chance it will happen anyway...
FORD SELLS A PORTION OF ITS STAKE IN MAZDA; TWO COMPANIES WILL CONTINUE STRATEGIC RELATIONSHIP
Ford Motor Company said it will sell a portion of its ownership stake in Mazda Motor Corp., and the two companies will continue their successful strategic relationship. The ratio of Ford’s...
Investor Sheds a Major Stake in Ford
By BILL VLASIC
Published: October 21, 2008
" . . . The failure of General Motors, Ford and Chrysler would have far-reaching economic and social consequences.
Together, the automakers employ more than 200,000 workers in the United States and provide health...
Kerkorian cuts Ford stake; could sell all shares
OCTOBER 21, 2008 - 9:00 AM ET
DETROIT (Reuters) -- Billionaire investor Kirk Kerkorian sold part of his 6.5 percent stake in Ford Motor Co. and could sell the rest of his stake in the automaker, Kerkorian's investment vehicle...
Mazda says no decision on Ford's stake sale
Mazda says no decision on Ford's stake sale
Saturday October 11, 3:41 am ET
By Yuri Kageyama, AP Business Writer
Mazda says no decision on sale of Ford's stake, but it is being considered
TOKYO (AP) -- Mazda denied Saturday that a...
Will Ford Need to Sell Its Stake in Mazda?
Some analysts fear the ailing U.S. automaker may be forced to raise funds by unloading its interest in its much healthier Japanese partner
by Ian Rowley
Just a week after Ford's disastrous quarterly earnings announcement on July...
Report: Ford family to keep stake, wait for turnaround
Reuters via Automotive News
October 30, 2007 - 12:01 am ET
SINGAPORE (Reuters) -- Henry Ford's heirs have patched up differences and agreed to wait for the outcome of a radical turnround plan before considering any possible change in...
Meet GM largest individual stockholder and say: привет
Russian tycoon buys GM stake
By John Reed in London
Tuesday Aug 7 2007 16:37
Oleg Deripaska, the owner of Russia's biggest aluminium maker, has acquired a stake in General Motors of just under 5 per...