Private Equity Groups
GM urged by investor to create 2 share classesTue, 28, Mar 2017
Auto logistics firm MetroGistics acquires AmeriFleetMon, 09, Jan 2017
MetroGistics, a vehicle transport logistics company, said Monday it acquired AmeriFleet to expand services to MetroGistics' clients, including automakers, dealership groups and fleet and rental markets.
American Axle to face new risks, board changes after Metaldyne dealTue, 08, Nov 2016
American Axle's bold move last week to acquire Metaldyne in a $3.3 billion deal is an operational win, but local experts say the deal is expensive and carries new financial risk, along with the addition of new, potentially challenging board room dynamics for management.
Nissan-backed Calsonic Kansei surges on report of KKR takeoverFri, 28, Oct 2016
FCA's Comau eyed by Shanghai Electric, other Chinese buyers, report saysThu, 06, Oct 2016
BorgWarner agrees to sell Remy aftermarket unitMon, 03, Oct 2016
BorgWarner said it plans to sell its Remy aftermarket business to an investor group for $80 million. The deal, which is expected to close before the year concludes, includes seven plants in Mexico, Ohio, Oklahoma, Belgium, Tunisia and Hungary, the company said today.
Carlyle's bet on DuPont's auto paint unit pays handsomelyFri, 05, Aug 2016
When Carlyle Group orchestrated a $4.9 billion buyout of DuPont's auto-paint business in 2013, some competitors said the private equity firm overpaid. Three years later, Carlyle has reaped its second-biggest profit ever on the deal.
Cerberus buys Canadian auto supplier ABC GroupFri, 01, Jul 2016
GM, Ford reduce stakes in online parts marketplace OEConnectionFri, 03, Jun 2016
TI Automotive acquires powertrain supplier Millennium IndustriesWed, 17, Feb 2016
Applied Acoustics International names industry veteran Larry Hagood as CEOTue, 09, Feb 2016
From Iacocca to Visteon, Leuliette reflects on 42 years in the auto industryMon, 28, Dec 2015
The 43-year professional history of Tim Leuliette mirrors the industry in which he ascended the ranks. From product shifts to the merger boom of the late 1990s to post-recession restructuring and to the entrance of private equity, Leuliette experienced it all.