Mergers - Acquisitions - Takeovers
Musk’s SolarCity bid a rare time investors don't buy his visionFri, 24, Jun 2016
Elon Musk is accustomed to shareholders snapping up whatever his Tesla Motors Inc. has to sell. Now his plan to merge the electric-car maker with struggling SolarCity has him confronting a rare case of investor unrest.
A Tesla bull, citing risk from SolarCity deal, cuts outlook on EV makerThu, 23, Jun 2016
Morgan Stanley's Adam Jonas, one of the most bullish analysts on Tesla Motors, joined the ranks of those who have panned Elon Musk's $2.86 billion proposal to combine the automaker with solar-panel provider SolarCity.
Tesla's luxury branding clashes with SolarCity's thrifty pitchThu, 23, Jun 2016
Elon Musk is betting that luxury electric car buyers and rooftop solar customers are a single market. The marketing messages of Tesla and SolarCity tell a different tale.
Musk sees $1 trillion Tesla but shares drop over SolarCity dealTue, 21, Jun 2016
Tesla CEO Elon Musk said the company's proposed acquisition of SolarCity could eventually push the electric car maker's valuation to $1 trillion, but investors strongly disagreed.
Musk buys Musk -- Tesla's SolarCity deal by the numbersWed, 22, Jun 2016
Tesla's offer to buy SolarCity for as much as $2.86 billion in stock boggles the mind. There's basically two ways to look at why Musk is behind the deal. Either Musk is bailing out a beleaguered company that's run by his cousin, Lyndon Rive, or he's consolidating a clean-energy empire at rock-bottom prices. Or both.
Nissan reviews Mitsubishi fuel economy claims as due diligence continuesWed, 22, Jun 2016
Nissan is looking into whether Mitsubishi Motors may have faked fuel economy figures outside of Japan as part of Nissan's due diligence review of the company before finalizing its plan to buy a 34 percent stake for 237 billion yen ($2.28 billion).
Icahn raises offer for remaining stake in Federal-MogulMon, 20, Jun 2016
Activist investor Carl Icahn raised his bid to acquire the remaining stake in auto parts supplier Federal-Mogul. Icahn, already the company's largest shareholder, said in a letter to the board of directors that he would increase his offer to $8 per share, up from the $7 per share offer he made in February.
The showdown over an SUVSun, 19, Jun 2016
The Last American CEO, a new book co-authored by ex-American Motors CEO Joe Cappy and former Ford and Chrysler public relations chief Jason Vines, describes Chrysler's acquisition of AMC from Renault in 1987 -- a momentous deal largely because then-Chrysler CEO Lee Iacocca got his hands on Jeep.
Supplier M&A is glowing hot againMon, 20, Jun 2016
Supplier M&A surged last year as conglomerates sorted out what's profitable and what's not. In the center of it? Interiors.
Mitsubishi Heavy to keep car stake amid fuel-testing crisisTue, 14, Jun 2016
Mitsubishi Heavy Industries, currently the biggest shareholder in Mitsubishi Motors, will hold onto its stake in the automaker that Nissan CEO Carlos Ghosn is seeking to turn around following a fuel-economy test scandal.
Dealership Buy/SellMon, 13, Jun 2016
This Automotive News feature lists recent dealership acquisitions as reported by brokers, official announcements and news media.
Zetsche, Uber CEO illustrate wary courtship during tech eventThu, 09, Jun 2016
A promised showdown between the CEOs of Daimler AG and ride-sharing firm Uber, Silicon Valley's most valuable private company, turned into more of a wary courtship when the two met publicly on Wednesday.