Mergers - Acquisitions - Takeovers
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.
Tesla's move beyond cars official with $2 billion SolarCity dealFri, 18, Nov 2016
BorgWarner ready for another acquisitionMon, 21, Nov 2016
Federal-Mogul shares drop after Icahn says he may pull stock offerWed, 16, Nov 2016
Icahn extends offer to gain total control over Federal-MogulTue, 15, Nov 2016
Samsung's $8 billion bid for Harman makes big bet on car techMon, 14, Nov 2016
Samsung's planned acquisition of Harman would give the supplier a major leg up in the connected- and autonomous-vehicle space. The $8 billion deal -- announced today and expected to close in mid-2017 -- marks Samsung's plan to increase its presence in the industry.