Automobiles and Components
More
-
DETROIT, May 21- A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said. VL Automotive and China's Wanxiang Group are looking to gain control of Fisker through a prepackaged bankruptcy.
-
Among the stock activity stories for Tuesday, May 21, from AP Business News:. _ Shares of Tesla Motors Inc. fell, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit.
-
DETROIT-- Tesla Motors fell more than 5 percent in early trading Tuesday, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit. Tesla's stock price had jumped 74 percent between May 8, when first-quarter earnings were announced, and May 14, when it hit a 52- week high of $97.12.
-
DETROIT, May 21- A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer to buy cash-strapped "green" car company Fisker Automotive this month, people familiar with the matter said.
-
DETROIT, May 21- A boutique carmaker led by a former General Motors Co executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.
-
WASHINGTON, May 21- Two executives at Japan's Denso Corp have agreed to plead guilty to conspiring to fix prices of electronic auto parts sold to Toyota and will cooperate with an ongoing criminal investigation, the U.S. Justice Department said on Tuesday.
-
WASHINGTON, May 21- Two executives at auto parts maker Denso Corp have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the U.S. Justice Department said on Tuesday.
-
CAPE TOWN, May 21- Ten striking South African miners were taken to hospital on Tuesday after being hit by rubber bullets, police said, as labour strife swells in mines and factories ahead of mid-year pay negotiations.
-
After 123 days being grounded and then repaired to ensure its battery systems do not catch fire, Boeing 787 Dreamliners are about to once again make commercial flight in the United States.
-
Shares of automakers rose Friday, with General Motors Co. stock reaching its highest price in more than two years, as Europe became the latest part of the globe to report rising auto sales.
-
Mamta Badkar, Business Insider, explains whether day trading will make a comeback. A wave of "home gamers" are getting into the market with the idea of trying to get rich quick, writes Damien Hoffman of the Wall Street Cheat Sheet.
-
NEW YORK-- Tesla Motors shares fell Friday as the electric car maker increased the size of its stock and note sales by nearly 17 percent. THE SPARK: Tesla disclosed in a regulatory filing that it now plans to sell 3.39 million shares in a public offering, and has priced them at $92.24 each, according to the filing with the Securities and Exchange Commission.
-
PALO ALTO, Calif.-- Electric car maker Tesla Motors Inc. has increased the size of its stock and note sales by almost 17 percent, citing high demand from investors. The Palo Alto, Calif., company said in a regulatory filing on Friday that is now expects to gross $968 million from the sales, which will take place on May 22.
-
LONDON, May 17- European shares held near multi-year highs in volatile trade on Friday, with some investors using early weakness as a buying opportunity and with carmakers cheered by signs of a revival in domestic sales. The STOXX Europe 600 auto sector added 2.4 percent after data showed Europe's car market growing for the first time in 1-1/ 2 years in April.
-
CNBC's Tokyo bureau chief Kaori Enjoji delivers the latest on Honda's decision to renew its partnership with racing giant McLaren and re-enter the world of Formula One.
-
MILAN, May 16- Italian carmaker Fiat SpA said on Thursday the idea of moving the group's legal headquarters to the United States is not on the agenda. " The statement referred to a Bloomberg report on Wednesday that cited people familiar with the matter as saying Fiat was considering moving its headquarters to the United States.
-
BOWLING GREEN, Ky.-- An auto parts maker is adding a new building and 100 full-time jobs to its operation in Bowling Green, Kentucky. Steve Beshear's office said the company plans to add an 87,000- square-foot building with a capital investment of up to $66 million.
-
Colin Rusch, Northland Capital Markets' Colin Rusch raised his price target on the automaker from $50 last week to $95 today.
-
Mercedes-Benz is digging in and putting more features into its redesigned flagship S-Class sedan. This is not just another ultra-luxury sedan.
