Cars
Fiat Chrysler Automobiles (FCA) raised $893 million (€800 million) from Ferrari’s US initial public offering at the New York Stock Exchange. As expected, the shares got priced at the top end of the marketed range as investor demand vastly exceeded the stock available.
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- Chrysler Files For Ipo, Paves Way For Merger With Fiat
Chrysler Group today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of common shares. The U.S. carmaker said the number of shares and the price range for the offering...
- Zwapp! Original 1966 Batmobile Sells For $4.62 Million At Barrett-jackson [w/video]
With its creator and owner George Barris making a specail appearance on stage to boost its appeal, the original 1966 Batmobile went on sale for the very first time at Saturday's Barrett-Jackson auction in Scottsdale, Arizona. After a heated bidding...
- Fiat Group Lowers 2012 Sales Estimate By Half A Million Units
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointmentâ€. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne. The reason is that the Italian group has...
- Fiat Completes Purchase Of Chrysler From U.s. And Canadian Governments, Us Taxpayers Lose $1.3 Billion
The Fiat Group today purchased the remaining Chrysler LLC shares held by the U.S. and Canadian governments. The Italian company acquired a 1.5% fully diluted stake in Chrysler Group LLC from Canada for US$125 million, and a 6% stake from the United States...
- Mercedes-benz' Parent Company Sells Tata Motors Stake
Daimler AG, the company that owns Mercedes-Benz, today sold its entire 5.34% stake in India's Tata Motors ending a relationship that stretches back more than five decades. The German firm said that the sale of 25.6 million shares will generate approximately...
Cars
Now That's A "Cash Cow": Ferrari’s IPO Brings $893 Million For FCA [w/Videos]
Fiat Chrysler Automobiles (FCA) raised $893 million (€800 million) from Ferrari’s US initial public offering at the New York Stock Exchange. As expected, the shares got priced at the top end of the marketed range as investor demand vastly exceeded the stock available.
Read more »
- Chrysler Files For Ipo, Paves Way For Merger With Fiat
Chrysler Group today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of common shares. The U.S. carmaker said the number of shares and the price range for the offering...
- Zwapp! Original 1966 Batmobile Sells For $4.62 Million At Barrett-jackson [w/video]
With its creator and owner George Barris making a specail appearance on stage to boost its appeal, the original 1966 Batmobile went on sale for the very first time at Saturday's Barrett-Jackson auction in Scottsdale, Arizona. After a heated bidding...
- Fiat Group Lowers 2012 Sales Estimate By Half A Million Units
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointmentâ€. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne. The reason is that the Italian group has...
- Fiat Completes Purchase Of Chrysler From U.s. And Canadian Governments, Us Taxpayers Lose $1.3 Billion
The Fiat Group today purchased the remaining Chrysler LLC shares held by the U.S. and Canadian governments. The Italian company acquired a 1.5% fully diluted stake in Chrysler Group LLC from Canada for US$125 million, and a 6% stake from the United States...
- Mercedes-benz' Parent Company Sells Tata Motors Stake
Daimler AG, the company that owns Mercedes-Benz, today sold its entire 5.34% stake in India's Tata Motors ending a relationship that stretches back more than five decades. The German firm said that the sale of 25.6 million shares will generate approximately...