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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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Latest Automotive Industry Mergers & Acquisitions News

  • GM boss departs in shakeup by board 2 Dec 2009 08:17 GMT
    ... GM boss departs in shakeup by board General Motors' ... company's strategy. First, Detroit-based dealership group Penske Automotive Group pulled out of a deal that ... luxury car builder Koenigsegg dropped a planned acquisition of GM's Saab brand. ...

  • 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 ...

  • 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 ...

  • 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 ...

  • Brainytoys goes under 2 Dec 2009 06:20 GMT
    ... One-time listed toymaker Brainytoys has entered administration, calling ... toymaker four years ago after a reverse takeover of Auto Enterprises, formerly Speedy Wheels, were suspended in January ...

  • 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. ...

  • 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 ...

  • NEWSMAKER-GM's outsider chairman steps to center of change 2 Dec 2009 05:35 GMT
    ... NEW YORK, Dec 1 (Reuters) - When Co wanted ... 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. ...

  • Pension funds see a 15.5pc return 2 Dec 2009 05:12 GMT
    ... in relation to the collapse of Cork stockbroking firm W&R Morrogh, it said yesterday. A ... but remained cautious on economic conditions. US carmaker General Motors is seeking a new owner ... loss-making Swedish brand Saab after a previous takeover bid failed last week. "I, the Swedish government ...

  • 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 ...

  • 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 ...

  • Murdoch calls for relaxation of US rules 2 Dec 2009 03:52 GMT
    ... be allowed to fail just as “a carmaker who makes cars no one wants to buy ... competitors for news and advertising when reviewing mergers. and others “who think they have a ... The Financial Times Limited 2009. You may share using our article tools. Please don't cut ...

  • 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 ...


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