Mergers - Acquisitions - Takeovers
Daimler's mytaxi will merge with Hailo to take on Uber in EuropeTue, 26, Jul 2016
Daimler's mytaxi said it will merge with British rival Hailo, creating Europe's largest smartphone-based taxi-hailing business.
'Don't lose the deal': How Cox bought DealertrackMon, 25, Jul 2016
In a wide-ranging interview, Cox Automotive President Sandy Schwartz offered this peak at Cox Enterprises' $4.5 billion purchase of Dealertrack in 2015.
Tesla, SolarCity close to merger agreement, report saysSun, 24, Jul 2016
Tesla Motors and SolarCity have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter told Reuters.
Axalta acquires United Paint's automotive coatings businessFri, 22, Jul 2016
Axalta Coating Systems has acquired United Paint and Chemical's automotive interior coatings business. Terms of the deal were not disclosed.
Metaldyne Performance Group to consolidate 8 brandsWed, 20, Jul 2016
Powertrain components supplier Metaldyne Performance Group will consolidate its eight brands following a merger nearly two years ago. All brands will fall under the MPG moniker.
Dow-DuPont shareholders approve $59 billion merger of equalsWed, 20, Jul 2016
Shareholders of Dow Chemical and DuPont approved the companies' historic merger, clearing a hurdle for the deal to close this year and for a later split into three entities. The impact of the transaction stands to ripple throughout the automotive supply chain.
Dealer Tire selling Canadian businessThu, 14, Jul 2016
Dealer Tire, the Ohio-based tire wholesaler that serves new car dealers, has agreed to sell its Canadian arm to Groupe Touchette.
Infineon agrees to buy Wolfspeed to expand into EVsThu, 14, Jul 2016
Infineon, Europe's biggest chipmaker, agreed to buy Wolfspeed Power unit to expand in fast-growing markets such as electric cars and the Internet of Things.
Visteon completes acquisition of AllGo Embedded SystemsTue, 12, Jul 2016
Visteon said it completed the acquisition of India-based automotive embedded multimedia and connectivity software supplier AllGo Embedded Systems.
Renault-Nissan ahead of plan on cost cutsMon, 11, Jul 2016
Nissan and Renault are running a year ahead of schedule cutting global costs through operating synergies. Nissan's proposed move on Mitsubishi could mean an even bigger savings target.
Cerberus buys Canadian auto supplier ABC GroupFri, 01, Jul 2016
Cerberus Capital Management has boosted its stake in plastic automotive components by acquiring Canada's ABC Group Inc.
Tesla investor group wants more independent board, cites Musk tiesTue, 28, Jun 2016
An investor group called on Tesla to add two independent directors to its board and separate the roles of chairman and chief executive as it highlighted founder and CEO Elon Musk's dominance of the board in the wake of Tesla's proposed bid for SolarCity.