merger
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0Porsche and VW expected to keep NA operations independent? 1250541600
The German auto industry is in for a big shakeup with the news that Porsche will be merging with the Volkswagen group. But while Wolfsburg and Stuttgart prepare for mutual integration, on this side of the Atlantic, business is expected to carry on as usual.According to the latest report from ...
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PSA Chairman Thierry Peugeot keen on merger 1244203080
PSA/Peugeot-Citroen incoming CEO Philippe Varin (left) and chairman Thierry Peugeot (right)It's buddy-up time in the European auto industry, and French automaker PSA/Peugeot-Citroen does not want to be left all by itself. With Fiat gobbling up automakers large and small, and General Motors poised ... -
REPORT: Porsche expects to book $979.5 million in profits for fiscal year 1243947660
Porsche may have gotten in over its head when it tried to take over Volkswagen outright, but that doesn't mean the German automaker is struggling to sell premium sports cars. The Stuttgart-based automaker is planning on selling 80,000 units in 2009 at an astounding profit margin of 12%. That's $979 ...
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Look Who's Talking Again: Porsche, VW resume negotiations 1242995160
The way things read, Porsche might not have to get a merger deal done with Volkswagen, but it would appear to be in the carmaker's best interests if it does. The holdup seems to be Porsche – since VW still doesn't know what Porsche's financial situation is, talks broke down earlier this week. ...
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VIDEO: Hoofy and Boo's take on the Chrysler-Fiat tie up 1242766860
Hoofy and Boo: Click above to watch the video after the jumpYou may or may not have heard of Hoofy and Boo. They're animated characters from the site Minyanville. Hoofy is the big, confident anchorman that just so happens to be a CGI bull. Boo is a bit more cynical about the world at large, and ... -
Porsche and Piech companies to own about half of post-merger VW? 1242053820
Porsche's merger with Volkswagen is a step back from Porsche taking outright control of VW, something the automaker has been fighting various German entities to do for over a year. The willingness to co-exist is being put down to Porsche's debt levels, which can't be easy to refinance when banks ...
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Porsche denies rumored plans to sell itself to Volkswagen and swap CEOs 1240511040
Here at Autoblog reports regularly cross our desks suggesting all sorts of contorted deals supposedly being brokered between automakers. This one's in bed with that one, that one's selling the other but retaining a minority interest, another one's starting a joint venture with yet another while ...
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Despite denial of Fiat/Opel tie-up, critics say alliance would be "far more compelling" than Chrysler deal 1240505820
Despite Fiat SpA chairman Luca de Montezemolo (above) denying that his company is interested in purchasing General Motors' Opel brand, a new report by The Wall Street Journal indicates that many investors and analysts apparently find the alleged tie-up to be "far more compelling" than Fiat's ...
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REPORT: GM bondholders could still spur Chrysler merger 1235582940
It's the General Motors and Chrysler merger saga, take three. A few months ago, GM said "No can do" to the union, taking off its ring and walking out of church. Now GM's bondholders may be contemplating a shotgun wedding, forcing The General back to the altar over the debt-equity swap the automaker ...
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Chrysler still thinks merging with GM a good idea 1235147400
General Motors may have put a merger with Chrysler in its rear view mirror, but the Pentastar apparently thinks a tie-up might still be a good idea. Chrysler called a potential pairing with the General the "best option" for the Auburn Hills, MI-based automaker, saying that it would reap five times ...

