automaker

Kirk Kerkorian increases stake in Ford Motor Co. - Los Angeles Times

DETROIT -- Billionaire investor Kirk Kerkorian has raised his stake in Ford Motor Co. to 6.49%, saying his investment company would consider throwing additional money into the struggling automaker's turnaround effort. Tracinda Corp. said Thursday in ...

Kirk Kerkorian increases stake in Ford Motor Co. - Los Angeles Times

DETROIT -- Billionaire investor Kirk Kerkorian has raised his stake in Ford Motor Co. to 6.49%, saying his investment company would consider throwing additional money into the struggling automaker's turnaround effort. Tracinda Corp. said Thursday in ...

Chrysler Dealer Attrition: Cunning Plan or Cratering Sales?


Originally published at Car News Articles. Please leave any comments there. “Chrysler LLC reduced its number of U.S. dealerships by 196 in the past year and increased the percentage of outlets selling all of its brands, as the automaker tries to create a stronger sales network.” That’s one way to lo ...

General Motors Corp - Newsday

General Motors Corp. has agreed to kick in up to $200 million to help bring an end to a bitter 10-week strike at parts supplier American Axle and Manufacturing Holdings Inc. The automaker said Thursday in a government filing that the money would go ...

Kerkorian bids to boost Ford stake

Billionaire financier Kirk Kerkorian announced Monday that he’s offering $170 million for 20 million shares of Ford Motor Co., which - combined with the 100 million shares he purchased earlier this month - would boost his stake in the automaker above 5%. Shares of Ford (F, Fortune 500) soared 55 cen ...

Kirk Kerkorian: Mad Money Or Just Mad? [Question Of The Day]

...make a bundle of money have a say, but what is he saying about Ford? Is this a wise investment? Is Ford the automaker of last resort? Is he...

Kerkorian seeks to boost Ford stake - Chicago Sun-Times

DETROIT -- Billionaire Kirk Kerkorian plans to make an offer that would expand his stake in Ford Motor Co. to 5.6 percent, saying Monday he sees signs the automaker's turnaround plan is working. Kerkorian's investment company, Tracinda Corp., said in ...

Hyundai to raise money at home for Czech plant

SEOUL (Reuters) - Hyundai Motor Co , South Korea's top automaker, is set to raise money at home to fund building an overseas factory as global

Tata Motors buys Jaguar, Land Rover from Ford...

Tata Motors buys Jaguar, Land Rover from Ford for 2.3 bln usd Indian automaker Tata Motors Ltd said it has agreed to buy the Jaguar and Land Rover brands from Ford Motor Co (NYSE:F PRS) (NYSE:F PRA) (NYSE:F) for 2.3 bln usd cash. Tata Motors, which has been negotiating the deal since January, said it would support the growth of the two brands,

Former GM exec indicted

Detroit News - The automaker won a default judgment against Brown in May 2007 for $83.3 million, but hasn't collected any money. Fuci became insolvent in 2004.

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