Carlyle

Former GM CEO Akerson returns to Carlyle as vice chairman

10:17 am U.S. ET | March 14, 2014
Carlyle Group named Dan Akerson, who stepped down as CEO of General Motors in January, to the role of vice chairman of the board of directors and special adviser. Akerson joined Carlyle March 1 in the private-equity firm’s Washington headquarters and will give operational, investment and management guidance to the investment teams, firm management and the board, Carlyle said today in a statement....
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Continental seeks to expand beyond auto business with U.S. acquisition

Feb. 11, 2014 06:01 CET
Continental agreed to buy Veyance Technologies for about $1.9 billion to expand beyond the auto business. Continental expects the purchase to boost profit of its ContiTech unit. U.S.-based Veyance makes industrial hoses and conveyor belts....
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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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