Silicon Valley electric sports car maker Tesla Motors is planning to go public soon, two people familiar with the situation said, outlining plans to sell stock and cash in on investor appetite for green technology and interest in battery-powered…
Tags: Appetite, Car Maker, Carmaker, Electric Car, Electric Sports Car, electric sports car maker, Green Technology, Investor, Ipo, Silicon Valley, Stock, Tesla Motors
Norwegian electric car maker Think Global is preparing to launch its vehicles in the United States and has picked a site in Indiana for its U.S. manufacturing facility, a major investor in the company said on Tuesday.
Tags: Car Maker, Electric Car, electric-car maker, EV, Indiana, Investor, Norway, Norwegian, Think, Think Global, U.S. manufacturing facility, United States
Norwegian electric car maker Think Global is preparing to launch its vehicles in the United States and has picked a site in Indiana for its U.S. manufacturing facility, a major investor in the company said on Tuesday.
Tags: Car Maker, Electric Car, electric-car maker, EV, Indiana, Investor, Norway, Norwegian, Think, Think Global, U.S. manufacturing facility, United States
Norwegian electric car maker Think Global is preparing to launch its vehicles in the United States and has picked a site in Indiana for its U.S. manufacturing facility, a major investor in the company said on Tuesday.
Tags: Car Maker, Electric Car, electric-car maker, EV, Indiana, Investor, Norway, Norwegian, Think, Think Global, U.S. manufacturing facility, United States
Ford Motor Co. stock today reached a new two-year high after disclosures that billionaire investor George Soros’ hedge fund bought a 7.3 million-share stake in the automaker.
Tags: Automaker, Billionaire, Disclosures, Ford, Ford Motor, Ford Motor Co., Ford Stock, George Soros Hedge Fund, Investment Stock, Investor, New Year, Share Stake, Soros Hedge Fund, Stock Today
Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful.
Tags: Auto Industry, Backer, Bears, Bets, Fisker, Fisker Automotive Inc., Investor, Ray Lane, Resemblance, Software Businesses, Venture Capital, Venture Capitalists
Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful.
Tags: Auto Industry, Autos, Backer, Bets, Fisker, Investor, Ray Lane, Resemblance, Software Businesses, Venture Capital, Venture Capitalists
Wilbur Ross, the billionaire investor who owns U.S. interiors supplier International Automotive Components Group, expects to expand his collection of supplier assets before the end of the year.
Tags: Assets, Automotive Components, Billionaire, Components Group, interiors supplier, International Automotive Components Group, Investor, United States, Wilbur Ross
Belgian finance investor RHJ International raised the stakes in the bidding war with rival Magna International for General Motors Co.’s Opel unit, as sources said the U.S. automaker’s board was due to discuss the deal.
Tags: Automaker, Bidding War, Finance, General Motors, Investor, Magna International, Opel, RHJ International, Rival, S Board
German Chancellor Angela Merkel expressed doubt that Magna International Inc. would be trumped by investor RHJ International SA in bidding for General Motors’ Opel.
Tags: Angela Merkel, Bid, Chancellor Angela Merkel, Doubt, General Motors, General Motors Opel, German Chancellor Angela Merkel, Germany, Investor, Magna, Magna International, Magna International Inc, RHJ International SA
German Chancellor Angela Merkel expressed doubt that Magna International Inc. would be trumped by investor RHJ International SA in bidding for General Motors’ Opel.
Tags: Angela Merkel, Bid, Chancellor Angela Merkel, Doubt, General Motors, General Motors Opel, German Chancellor Angela Merkel, Germany, Investor, Magna, Magna International, Magna International Inc, RHJ International SA
General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept.
Tags: Bid, Faces, General Motors, General Motors Co., Gm, Hurdles, Investor, Magna, Magna International, Magna's Opel, Obstacles, Opel
Opel’s union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Tags: General Motors, German Carmaker, Investor, Opel, S Union, Stake, Unions
Federal-Mogul Corp., a global supplier controlled by billionaire investor Carl Icahn, is readying a renewed bid for the assets of Delphi Corp.
Tags: Assets, Bid, Billionaire, Carl Icahn, Delphi, Delphi Corp., Federal Mogul, Federal Mogul Corp, Global Supplier, Investor, Reuters, Reuters Reports
Billionaire investor Wilbur Ross is among those considering a bid for the assets of bankrupt auto parts supplier Delphi Corp., two people with knowledge of the matter said.
Tags: Assets, Auto Parts Supplier, bankrupt auto-parts supplier, Bid, Billionaire, Delphi, Delphi Corp., Investor, People, Wilbur Ross
Billionaire investor Wilbur Ross is among those considering a bid for the assets of bankrupt auto parts supplier Delphi Corp., two people with knowledge of the matter said.
Tags: Assets, Auto Parts Supplier, bankrupt auto-parts supplier, Bid, Billionaire, Delphi, Delphi Corp., Investor, People, Wilbur Ross
Billionaire investor Wilbur Ross is among those considering a bid for the assets of bankrupt auto parts supplier Delphi Corp., two people with knowledge of the matter said.
Tags: Assets, Auto Parts Supplier, bankrupt auto-parts supplier, Bid, Billionaire, Delphi, Delphi Corp., Investor, People, Wilbur Ross
Billionaire investor Wilbur Ross’ International Automotive Components Group expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz.
Tags: Automotive Carpets, Automotive Components, Billionaire, Components Group, German Supplier, International Automotive, Investor, Plants, Ross International, Stankiewicz, Wilbur Ross
A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build “environmentally friendly” vehicles in Louisiana. V-Vehicle Co.
Tags: Auto Company, Chief Tom, Design Chief, Environmentally Friendly, Gm, Gm Auto, Gm Plant, Investor, Louisiana, Mazda, Mazda Design, New Auto, T Boone Pickens, Texas Billionaire
A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build “environmentally friendly” vehicles in Louisiana. V-Vehicle Co.
Tags: Auto Company, Auto New, Chief Tom, Design Chief, Investor, Louisiana, Mazda, Mazda Design, New Auto, T Boone Pickens, Texas, Texas Billionaire, Tom Matano, V-Vehicle Co.
Bankrupt supplier Noble International Ltd. said in a court filing that an affiliate of investment firm Patriarch Partners LLC has put in an $11 million “stalking horse” bid for its assets.
Tags: Assets, Bid, Investment Firm, Investor, Noble International Ltd, Patriarch Partners Llc, Stalking Horse, USD
German carmaker Daimler said on Sunday it was increasing its share capital by 10 percent to allow Abu Dhabi’s Aabar Investments PJSC to become a major investor in the company. Aabar was acquiring all the new shares in a total investment of 1.
Tags: Aabar, Abu Dhabi, Arab, Daimler, German Carmaker, Investment Fund, Investments, Investor, Share Capital, Shares, Stake
German carmaker Daimler said on Sunday it was increasing its share capital by 10 percent to allow Abu Dhabi’s Aabar Investments PJSC to become a major investor in the company. Aabar was acquiring all the new shares in a total investment of 1.
Tags: Aabar, Abu Dhabi, Arab, Daimler, German Carmaker, Investment Fund, Investments, Investor, Share Capital, Shares, Stake
Satellite mogul Charles Ergen has offered to boost the capital and restructure the debt of Sirius XM Radio Inc., which has been preparing for a possible bankruptcy filing, newspapers reported.
Tags: Bankruptcy Filing, Charles Ergen, Investor, Lifeline, Mogul, Newspapers, Radio Inc., Sirius Radio, Sirius Satellite, Sirius XM Radio Inc., Xm Radio, Xm Satellite
Ed Lampert, the billionaire investor credited with reviving Kmart’s stock, has purchased more shares of AutoNation Inc., taking another step toward becoming majority shareholder of the largest U.S. dealership group.
Tags: AutoNation, Autonation Inc, Billionaire, Dealership Group, Investor, Kmart, Lampert, Majority Shareholder, Stock Shares, United States