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- Tesla raises $226 million in 1st U.S. carmaker IPO in 54 years
Tesla Motors Inc., the electric car company that hasn't posted a profit, raised $226 million selling shares above its forecast price range in the first initial public offering of a U.S. automaker in a half-century.
Переслать - Tesla increases shares offered in IPO by 20%
Tesla Motors Inc., the electric sports-car company that's attempting the first initial public offering by a U.S. automaker in a half-century, increased the number of shares that it will sell in its IPO by 20 percent. The company will now offer 13.Переслать - GM stock offering to cut U.S. stake, raise new capital, sources say
General Motors Co.'s planned public stock sale is likely to leave the U.S. government with a minority stake while also raising new funds for the automaker, people briefed on the still-developing plans said.Переслать - Auto industry crisis rocks advertising business
New management, fledgling sales recovery, and need to accelerate growth is prompting several brands to shed longtime advertising partners and chart new direction.Переслать - Ford shares may show weakness paying health fund with stock, analysts say
If the automaker issues stock, rather than cash, to pay the fund, investors may see it as a sign the company considers its shares overvalued.Переслать - GM's Nexteer workers to vote on renegotiated labor agreement
Nearly 2,100 hourly workers at General Motors Co.'s Nexteer Automotive steering plant in Saginaw, Mich., will get a second chance tomorrow to approve a concessionary contract that would spare the plant from possibly closing.Переслать - Next Explorer will feature new 'curve control' crash avoidance technology
The redesigned 2011 Ford Explorer will have another layer of safety equipment when it goes on sale this year. Ford Motor Co.Переслать - Lotus Cars prepares to hire Lutz, Purves as advisers, sources say
Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.Переслать - China labor unrest to speed up automation trend
Although labor remains a small portion of overall Chinese manufacturing costs, some see the worker unrest as further spurring a move to mechanization. With China now accounting for 15.Переслать - Chevy image isn't as easy as apple pie
When Joel Ewanick killed the new "Excellence for All" tag line last month, some Chevrolet marketers' first instinct was dismay.Переслать
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