Stock Activity

Superior investor touts board slate in proxy fight

4:12 pm U.S. ET | July 9, 2014
GAMCO Asset Management, the largest institutional shareholder of aluminum wheel supplier Superior Industries, today unveiled its slate of board nominees it wants shareholders to elect at Superior's annual meeting next month....
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Agnellis may tighten grip on Fiat after Chrysler merger

July 8, 2014 11:43 CET
Fiat's founding Agnelli family may see its voting rights rise to 46 percent as part of a scheme to reward long-term investors after a merger with Chrysler and a listing in New York, a U.S. regulatory filing showed....
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Superior Industries faces proxy fight over board members

4:08 pm U.S. ET | July 8, 2014
Aluminum wheel supplier Superior Industries International faces a shareholder proxy fight at its annual meeting next month....
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Porsche raises stake in Germany's Bertrandt to 29%

July 3, 2014 13:11 CET
Porsche has raised its stake in German engineering company Bertrandt from 25 percent to about 29 percent. The company's auto-industry customers include Audi, BMW Group, Daimler, and Ford Motor Co....
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Fiat Chrysler, Marchionne prepare to sell Wall Street on 'Cinderella' story

3:34 pm U.S. ET | June 27, 2014
Sergio Marchionne needs a New York stock market listing to bring in the investors required to fund future growth at Fiat Chrysler, but a lukewarm response to the CEO's most recent Wall Street launch suggests he has a bumpy journey ahead....
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TI Automotive plans debt-fueled dividend for hedge fund owners, report says

8:20 am U.S. ET | June 21, 2014
TI Automotive’s hedge fund owners that include Oaktree Capital Group LLC will reap a $435 million dividend by saddling the longtime auto supplier with more debt for the second time in two years....
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Fiat will sell holdings worth 602 million euros to fund upscale shift

June 20, 2014 11:25 CET
Fiat Chrysler plans to sell holdings valued at about 602 million euros ($820 million), freeing up cash to invest in an expansion of its upscale brands....
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Marchionne uses Chrysler's 'human-interest' story to woo U.S. investors

June 20, 2014 06:01 CET
Fiat Chrysler CEO Sergio Marchionne says he will use the “human-interest” angle of Chrysler's rebound from bankruptcy to help Fiat Chrysler appeal to U.S. investors ahead of a listing there later this year....
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Marchionne pitches Chrysler's 'Cinderella' story to U.S. investors

10:44 pm U.S. ET | June 19, 2014
Fiat Chrysler CEO Sergio Marchionne said he's pulling out all the stops to build investor interest ahead of a listing in the United States later this year following the completion of Fiat's merger with Chrysler....
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PSA completes share sale to raise funds for turnaround

May 22, 2014 10:59 CET
PSA has completed the sale of 289 million new shares as part of a 3 billion euro ($4.1 billion) capital increase to help the carmaker finance a turnaround under new CEO Carlos Tavares....
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Buffett, hedge funds trim GM holdings amid record recalls

12:19 am U.S. ET | May 16, 2014
Warren Buffett's Berkshire Hathaway cut its stake in General Motors in the first quarter and some hedge funds including Greenlight Capital exited completely as the company recalled a record number of vehicles....
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Porsche may win VW options case despite 'slyness'

May 15, 2014 09:23 CET
Porsche SE may win a second victory in a legal battle with investors over its aborted takeover of Volkswagen Group after a judge said its actions were sly but not necessarily illegal....
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Sergio: The reward is down the road

12:01 am U.S. ET | May 12, 2014
Sergio Marchionne's new five-year plan for Fiat Chrysler Automobiles won't start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout....
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HANS GREIMEL

Akio's world: When growth is no growth

3:14 pm U.S. ET | May 9, 2014
Akio Toyoda is the first to admit it. He doesn't count company growth the same way as other captains of industry -- or Wall Street profit hounds, for that matter....
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Tesla posts Q1 net loss of $49.8 million

7:21 am U.S. ET | May 7, 2014
Despite record production of 7,535 Model S electric vehicles, Tesla Motors posted a $49.8 million net loss in the first quarter while revenue rose to $620 million....
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Ford to buy back $1.8 billion in stock

5:17 pm U.S. ET | May 7, 2014
Ford Motor said it will repurchase $1.8 billion of its shares to reduce dilution from recent stock grants to executives and to offset shares that may be issued to holders of convertible debt....
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LUCA CIFERRI

Marchionne follows the money

12:01 am U.S. ET | May 6, 2014
Why is Fiat Chrysler CEO Sergio Marchionne today presenting his latest business plan for the Italian automaker at Chrysler's U.S. headquarters in Auburn Hills, Michigan, and not at Fiat's base in Turin?...
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LUCA CIFERRI

Marchionne follows the money

12:01 am U.S. ET | May 6, 2014
Why is Fiat Chrysler CEO Sergio Marchionne today presenting his latest business plan for the Italian automaker at Chrysler's headquarters near Detroit, and not at Fiat's base in Turin?...
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Sweden's Investor will tender Scania stake to VW

May 1, 2014 12:33 CET
Swedish holding company Investor AB will tender its stake in Scania to VW Group, which aims to take full control of the truckmaker....
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VW's Scania bid nearing success as buyout offer extended

April 30, 2014 11:04 CET
VW Group is edging closer toward taking full control of its Swedish truck division, Scania, after its buyout offer won broad support from shareholders and fell just short of an acceptance threshold....
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PSA begins stock sale after Dongfeng, France buy stakes

April 29, 2014 10:45 CET
PSA/Peugeot-Citroen is offering stock to investors at 6.77 euros a share after selling stakes to Dongfeng Motor and the French state at a higher price. The lower price "is further negative news" for the automaker," according to an analyst....
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Peugeot shareholders back plan for $4.2 billion capital hike

12:04 pm U.S. ET | April 25, 2014
PSA Peugeot Citroen owners voted to support a 3 billion-euro ($4.2 billion) capital increase to boost funding at Europe's second-largest carmaker, which has been unprofitable for the last two years....
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Musk's pay as Tesla CEO drops 99.9% to less than $70,000

5:49 pm U.S. ET | April 24, 2014
Elon Musk, Tesla's CEO and one of the wealthiest U.S. entrepreneurs, saw his take home pay from the automaker plunge by more than 99.9 percent last year after a surge in his 2012 stock options....
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VW's Scania bid backed by big investor at Swedish truckmaker

April 24, 2014 12:36 CET
Volkswagen moved closer to sealing a 6.7 billion euro ($9.3 billion) deal for the rest of truckmaker Scania after a major shareholder, Swedbank Robur, said it would accept VW's offer for its shares....
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VW faces rising opposition to Scania bid as Alecta rejects offer

April 23, 2014 11:58 CET
VW faces increasing opposition to its 6.7 billion euro bid for the rest of Scania after Alecta, the truckmaker's third-biggest shareholder, rejected the offer....
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Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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