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| News as it happens from autonews.com http://www.autonews.com рекомендовать друзьям >> |
- GM IPO filing cites business risks, including smaller dealer network
General Motors Co.'s 734-page filing to go public featured standard warnings to investors about the risks facing the automaker -- including a weak sales outlook, regulatory changes, oil price volatility and supply base stability.
Переслать - GM to hire Hyundai's Chris Perry to head Chevy marketing
General Motors Co. today named Chris Perry its new Chevrolet marketing boss, replacing Jim Campbell.
Переслать - A first look at the Coda electric sedan
Coda's self-titled debut sedan is small in stature but carries ambitious goals for the upstart California electric-car maker.
Переслать - J.D. Power forecasts 15 percent sales decline in August
The slow economic recovery, coupled with lower incentives compared with a year ago, probably will translate into a 15 percent drop in U.S. light-vehicle sales in August from the same month last year, J.D. Power and Associates predicted today.
Переслать - Volvo eyes China, partnerships to offset small size
Volvo will build emotional cars in the future and may look to cooperate with rivals to gain economies of scale, new CEO Stefan Jacoby said.
Переслать - GM offering will face investors' doubts on market share, profit
General Motors Co. will have to convince investors to look past declining market share, less than a year of profitability and management new to the auto industry to buy shares in its initial public offering. GM, 61 percent owned by the U.S.
Переслать - Tata Motors to raise $1 billion, sources say
Tata Motors Ltd., owner of Jaguar and Land Rover, hired Credit Suisse Group AG and Citigroup Inc. to raise as much as $1 billion from selling securities, two people with knowledge of the matter said.
Переслать - Volkswagen to bring back Phaeton to U.S. after flop
VW plans to bring back the $85,000 Phaeton to the U.S., where the sedan flopped and was withdrawn in 2006, as part of the German carmaker's aim of tripling its share of the world's second-largest market by 2018.
Переслать - Mazda to recall 500,000 cars for power-steering flaw
Mazda expects to recall more than 500,000 cars worldwide due to power-steering flaws. The automaker has filed applications to recall 215,000 vehicles in the U.S.
Переслать - GM files plan for fall initial public stock offering
GM, moving to unwind itself from government control, today filed plans to go public and begin selling common shares this fall. The filing -- anticipated for weeks -- came just 13 months after GM was restructured in a government-led bankruptcy.
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