Mergers - Acquisitions - Takeovers
Beepi merges with mobile car-buying platform co-founded by Scott PainterWed, 07, Dec 2016
Knorr-Bremse seals victory in Haldex takeover battleWed, 07, Dec 2016
German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems company's shares before its offer expired Monday. Knorr's offer is still conditional upon the company obtaining clearance from antitrust regulators.
Harman's first bet after Samsung deal is car dashboard projectorTue, 06, Dec 2016
Panasonic in final talks to buy headlight maker ZKW, report saysMon, 05, Dec 2016
Panasonic is in the final stages of talks to buy Austrian automotive headlight maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported today.
Penske acquires used-only dealership groupThu, 01, Dec 2016
Penske Automotive Group is adding used-only vehicle dealerships. The nation’s second-largest auto retailer has signed a deal to acquire CarSense, a stand-alone retailer of used vehicles with stores in Philadelphia, Pittsburgh and southern New Jersey.
American Axle CEO chides analysts over dealFri, 25, Nov 2016
Takata said to narrow buyer bids to Autoliv, Key Safety SystemsTue, 22, Nov 2016
Takata has narrowed a list of bidders to Autoliv and Key Safety Systems for a final round of negotiations, moving the airbag maker a step closer to securing a buyer to steer it through biggest safety recall crisis in automotive history.
Deal could speed car electronics systemsMon, 21, Nov 2016
Samsung snagging Harman lifts supplier stocks, creates speculationFri, 18, Nov 2016
Samsung's $8 billion agreement to buy Harman International helped breathe some life into a few moribund auto stocks, especially Visteon, as investors speculate that there could be a buying spree of companies that make technology for self-driving cars.
Dana agrees to acquire majority stake in Italian power-transmission supplierFri, 18, Nov 2016
Tesla shareholders approve acquisition of SolarCityThu, 17, Nov 2016
Tesla Motors CEO Elon Musk won approval on Thursday from the electric luxury automaker's shareholders for an acquisition of SolarCity, the solar energy system installer in which he is the largest shareholder.