Search Results for ‘stake’

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...

Yahoo 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 LLN 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 Just-auto 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 Detroit News 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 Autoblog.com 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 Reuters 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 From Xinhua December 14, 2010 Gasgoo 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 www.autoblog.com 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 Daniel Howes 9/21/2010 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...

http://finance.yahoo.com/news/GM-buys-additional-stake-in-apf-14143496.html

Loss of Controlling Stake Complicate Ford Mazda Relationship Detroit News

http://www.reuters.com/article/innovationNews/idUSTRE4B93DJ20081211 Meanwhile GM Ford and Chrysler have no truck business.

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...

Automotive News 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 AP 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...

BusinessWeek 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 ASIA 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...