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0Report: Montezemolo denies Ferrari IPO 1311344940
Fiat has gone from a local automaker to a major industry powerhouse in a relatively short span of time, increasing its own market stake while taking over Chrysler to expand its global reach. But something's gotta give, figured the industry analysts, leading to speculation that one of its most ...
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Williams F1 team considering IPO stock issue 1295877420
Rubens Barrichello tests the Williams FW32 with new Pirelli tires at Yas Marina Circuit in Abu DhabiWhat's the best way to make a small fortune in Formula One? Arrive with a large one. Williams has another idea though, and it's a radical one in the field of motor racing: The British outfit may ... -
Report: Investment funds suing Porsche in U.S. for "short squeeze" fraud over VW 1264694280
The Porsche-as-hedge-fund escapade isn't fully resolved yet. Of course, the biggest denouement will be when Volkswagen finishes integrating the company early next year, but in the meantime, Porsche is still dealing with investor wrath after its stock market foray. A group of U.S.-based hedge ...
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REPORT: Toyoda family stock shares take $449M hit 1237984080
The Toyoda family has felt the pinch of the global automotive crash in the worst possible place: their wallets. Toyota share prices have plummeted by a very substantial 46% in the past nine months, costing the Toyoda family hundreds of millions of dollars. Soon-to-be company president Akio Toyoda's ...
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Kerkorian sells off another load of Ford shares 1225288860
Just four months ago, Kirk Kerkorian had a cup out and was asking passers-by for some spare Ford shares. Although he only wanted 20 million of them, he was offered one billion. Turns out those folks trying to get out of the Ford ownership business might have been a bit more prescient than the ...
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Volkswagen temporarily becomes largest company in the world 1225234680
The NFL season is clearly out of control, Audi just crossed the country in a bunch of diesels you can't buy here, and GM wants to "merge" with Chrysler. But it's not just America that's home to the madness: Ferrari might leave F1, Mitsuoka is selling this thing for €70,000, and today, for a ...
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The most valuable carmaker in the world is... ta-da, Volkswagen 1223409540
As with this year's American football season, weekly surprises in the car industry are now standard fare. VW recently overtook Ford for the number three spot in global sales, and now the home of the Beetle and the Veyron has overtaken Toyota as the industry's most valuable company based on ...
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DaimlerChrysler stocks skyrockets on talk of Chrysler sale 1171972200
We have no idea who will end up with Chrysler once all this madness ends, but we can say that there are already quite a few winners in the process -- DCX stockholders.While we all sat and played the Hyundai vs. GM vs. ? game, the stock price shot through the roof. Apparently in the minds of ...
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Mazda trounces Toyota, Honda, Nissan in stock market 1143324300
Bloomberg reports that Mazda, the fourth largest automaker in Japan, is currently ahead of its larger rivals in the stock market. The company attributes its stunning success to news of its upcoming utility vehicles, the CX-7 (pictured) and CX-9. "Mazda's earnings growth will finally ...

