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Automotive Industry Mergers & Acquisitions News is an EIN News Service for global investing professionals. Constantly updated news and information about global investing.
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  • HK, China shares up; Geely at record high 2 Dec 2009 06:30 GMT
    ... HONG KONG/SHANGHAI, Dec 2 (Reuters) - Stocks in Hong ... billion) from midday Tuesday's HK$42.93 billion. Geely Auto rose 9.3 percent during morning trading to an ... was a step closer to completing its acquisition of Ford Motor's Volvo unit. Geely ended ...

  • Philippines-Market factors to watch - Dec 2 2 Dec 2009 01:14 GMT
    ... MANILA, Dec 2 (Reuters) - Here are news stories ... says policy must be pre-emptive > U.S. auto sales edge up, led by Hyundai boom > ... ($64 million) loan facility to partially finance acquisition of the Calaca coal-fired plant. (THE MANILA ...

  • Japan firms may buy more overseas assets as yen gains 2 Dec 2009 03:12 GMT
    ... 14-year high may encourage Japanese manufacturers including auto-parts makers and pharmaceutical companies to accelerate acquisitions ... ability to internally manage consolidation," he said. Carmakers including Toyota and Honda Motor Co are ... them,said Ashvin Chotai, managing director of Intelligence Automotive Asia. "They will either have to expand ...

  • UPDATE 1-Geely soars to all-time high on parent's move 2 Dec 2009 05:11 GMT
    ... Dec 2 (Reuters) - Shares of Geely Auto rose 9.3 percent to an all-time high on Wednesday, ... momentum. Zhejiang Geely Holding Group, the Chinese carmaker picked as the preferred bidder for Ford ... consent of Thomson Reuters. Financings and investments Mergers and acquisitions General news Stocks ...

  • TeleCommunication Systems Executes Definitive Agreement to Acquire Networks In Motion, Inc. 2 Dec 2009 00:57 GMT
    ... TeleCommunication Systems Executes Definitive Agreement to Acquire Networks ... that it has entered into a definitive merger agreement to acquire Networks In Motion, Inc., ... VoIP carriers around the world, cable MSOs, automotive telematics vendors, and agencies of the U.S. ...

  • Live Blogging The FTC Workshop On Journalism & The Internet 2 Dec 2009 04:37 GMT
    ... Dec 1, 2009 at 9:05am ET by in Washington DC ... endorse candidates. Damning example of govt was auto bailout, supporting bad product. Govt involvement should be ... suggeste the DOJ when looking at newspaper mergers take into account other sources of news ...

  • Geong International Limited Interim Results 2 Dec 2009 07:37 GMT
    ... > > > Regulatory News > Geong International Limited Interim ... markets, such as the financial services and automotive sectors, there has also been steady new ... 315 315 Share premium 5,480 5,432 5,432 Merger reserve (698) (698) (698) General reserve 3 ...

  • General Motors CEO Fritz Henderson resigns 2 Dec 2009 07:18 GMT
    ... Detroit: General Motors Co’s chief executive Fritz Henderson ... who said he knew nothing about the auto industry when he became GM chairman, has ... company’s strategy. First, Detroit-based dealership group Penske Automotive Group pulled out of a deal that ...

  • UPDATE 4-GM CEO Henderson departs in shakeup by board 2 Dec 2009 05:43 GMT
    ... * GM Chairman Whitacre becomes interim CEO * Henderson steps ... who said he knew nothing about the auto industry when he became GM chairman, has ... company's strategy. First, Detroit-based dealership group Penske Automotive Group ( ) pulled out of a ...

  • UPDATE 3-GM CEO Henderson departs in shakeup by board 2 Dec 2009 01:17 GMT
    ... * GM Chairman Whitacre becomes interim CEO * Henderson steps ... who said he knew nothing about the auto industry when he became GM chairman, has ... company's strategy. First, Detroit-based dealership group Penske Automotive Group ( ) pulled out of a ...

  • GM CEO Henderson departs in shakeup by board 2 Dec 2009 01:30 GMT
    ... GM CEO Henderson departs in shakeup by board DETROIT (Reuters) ... who said he knew nothing about the auto industry when he became GM chairman, has ... company's strategy. First, Detroit-based dealership group Penske Automotive Group pulled out of a deal that ...

  • GM CEO departs in shakeup by board 2 Dec 2009 02:24 GMT
    ... General Motors Co's chief executive, Fritz Henderson, abruptly resigned ... who said he knew nothing about the auto industry when he became GM chairman, has ... company's strategy. First, Detroit-based dealership group Penske Automotive Group pulled out of a deal that ...

  • GM CEO ousted 2 Dec 2009 05:55 GMT
    ... Detroit - General Motors chief executive Fritz Henderson abruptly ... who said he knew nothing about the auto industry when he became GM chairman, has ... company's strategy. First, Detroit-based dealership group Penske Automotive Group pulled out of a deal that ...

  • NEWSMAKER - GM's outsider chairman steps to center of change 2 Dec 2009 05:54 GMT
    ... Ed Whitacre looks on before an investors meeting in ... staff on their roles and opinions. United Auto Workers President Ron Gettelfinger said Whitacre had forced ... a series of high-profile, and sometimes risky, acquisitions. Until now Whitacre has lived in Texas. ...

  • Royal Bank of Scotand, Barclays, Mitchells & Butlers 2 Dec 2009 06:51 GMT
    ... a clash with the City’s biggest institutional shareholders last night after the Treasury seized control ... the Times reports. , the struggling US carmaker, claimed another high-profile victim last night when ... JP McManus and John Magnier to the Takeover Panel, accusing them of banding together to ...


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