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- Toronto-Dominion to buy Chrysler Financial for $6.3 billion
Toronto-Dominion Bank will buy Chrysler Financial from private equity firm Cerberus Capital Management for $6.3 billion, making Canada's No. 2 bank one of North America's top five bank-owned auto lenders.
Переслать - Toyota agrees to pay $32.4 million U.S. fine over timing of recalls
Toyota agreed today to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations over whether the company notified regulators of safety defects in a timely fashion.Переслать - Cadillac hires actor Laurence Fishburne as new ad voice
Cadillac, seeking to sustain its post-bankruptcy sales momentum, has tapped actor Laurence Fishburne to be the voice of a new TV ad campaign that will debut with the Rose Bowl on Jan. 1.Переслать - Chrysler Financial deal with Toronto-Dominion is said to be near
Toronto-Dominion Bank is near an agreement to buy Chrysler Financial, the lender once owned by the third-largest U.S. automaker, from Cerberus Capital Management LP, said three people with knowledge of the matter.Переслать - U.N. Climate Change Conference announces electric racing series
The United Nations Climate Change Conference in Cancún, Mexico, last week included the announcement of the Formulec EF01, an all-electric single-seater conceived to introduce a new, multichassis, international track-racing series in 2013.Переслать - Ford: Dec. U.S. sales running at a 12M pace
Ford said U.S. auto sales in December are running at a 12 million unit annual rate, and it forecast sales to rise to almost 13 million next year.Переслать - Ford returns to U.S. minivan market with European car
Ford, returning to the U.S. minivan market after at least a four-year absence, will count on a compact people mover it developed in Europe to drive sales to the children of the American Baby Boom generation.Переслать
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