Restructuring

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  • Newswire

    TRW Integration Going Well, Auto Supplier ZF Says  

    Releasing first-half financial results for the first time in its history, ZF reports earnings before interest and tax increased 89% from prior-year and says its acquisition of rival supplier TRW is progressing well....More
  • Newswire

    Hyundai Shakes Up China Management  

    The South Korean automaker replaced three top executives after Hyundai and Kia sales fell 32% and 33% in July in the world's biggest automotive market....More
  • Newswire

    Fiat Spinoff Boosts FCA's Fortunes  

    Rising sales and profits, and successful new products, have improved the automaker's share value going back to last year, but some analysts predict a backslide when the Ferrari spinoff is completed....More
  • Newswire

    UPDATE 2-Luxury sportscar maker Ferrari files for New York listing  

    * To sell 10 pct of Ferrari to fund FCA's ambitious growth plan * Marchionne says Ferrari should be worth "at least" $11 bln * To be floated in New York, may seek secondary listing in Milan * To include loyalty scheme that will benefit Agnelli family (Recasts, adds details) By Agnieszka Flak...More
  • Newswire

    UPDATE 4-Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 bln  

    (Adds Getrag valuation, CFO comment and detail on advisers) By Euan Rocha and Allison Martell TORONTO/FRANKFURT, July 16 (Reuters) - Canadian automotive parts maker Magna International Inc said on Thursday it would buy privately-owned German car parts maker Getrag for 1.75 billion euros ($1.9 billion), in a bid to expand its automotive transmission systems business....More
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