Cars
Only a few days after Daimler sold its remaining 4 percent stake in Tesla, Toyota is the next major stockholder to dispose some of its shares in the electric carmaker.
Read more »
- Fiat Close To Raising Enough Cash To Buy Chrysler, Report Says
Fiat could raise necessary cash in May that would allow it to buy the 41.5 percent of Chrysler shares it doesn’t own yet. According to two unnamed sources quoted by Reuters, the Italian carmaker is in advanced talks with banks on financing to...
- 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...
- Tesla Working On All-electric Toyota Rav4 And Lexus Rx Prototypes
Electric car partners Toyota Motor Corp. and Tesla Motors will develop battery-powered prototypes of the Japanese automaker's Toyota RAV4 and Lexus RX crossovers according to a news report from Businessweek citing "a person familiar with the...
- Lotus Elise And Exige Recall Affects Most Tesla Roadster Models
As most of you may already know, the all-electric Tesla Roadster is based on the Lotus Elise with which its shares numerous parts including the rear hub flange bolts that have been deemed defective. According to the NHTSA, on some vehicles the bolts may...
- Porsche Denies Reports About Increasing Vw Stake To 75 Percent
Porsche has denied a weekend report in Germany's second biggest news magazine, Focus which claimed that the sportscar maker plans to raise its Volkswagen stake to 75 percent in order to approve a domination agreement at a shareholder meeting. Last...
Cars
Toyota Also Dumps Some of its Tesla Shares
Only a few days after Daimler sold its remaining 4 percent stake in Tesla, Toyota is the next major stockholder to dispose some of its shares in the electric carmaker.
Read more »
- Fiat Close To Raising Enough Cash To Buy Chrysler, Report Says
Fiat could raise necessary cash in May that would allow it to buy the 41.5 percent of Chrysler shares it doesn’t own yet. According to two unnamed sources quoted by Reuters, the Italian carmaker is in advanced talks with banks on financing to...
- 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...
- Tesla Working On All-electric Toyota Rav4 And Lexus Rx Prototypes
Electric car partners Toyota Motor Corp. and Tesla Motors will develop battery-powered prototypes of the Japanese automaker's Toyota RAV4 and Lexus RX crossovers according to a news report from Businessweek citing "a person familiar with the...
- Lotus Elise And Exige Recall Affects Most Tesla Roadster Models
As most of you may already know, the all-electric Tesla Roadster is based on the Lotus Elise with which its shares numerous parts including the rear hub flange bolts that have been deemed defective. According to the NHTSA, on some vehicles the bolts may...
- Porsche Denies Reports About Increasing Vw Stake To 75 Percent
Porsche has denied a weekend report in Germany's second biggest news magazine, Focus which claimed that the sportscar maker plans to raise its Volkswagen stake to 75 percent in order to approve a domination agreement at a shareholder meeting. Last...