Restructuring

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  • 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
  • Newswire

    Report Says FCA's Marchionne Done Courting GM  

    The New York Times quotes the Fiat Chrysler Automobiles CEO as saying he "won't go back to get my nose bloodied a second time" after GM rejected his merger proposal in March....More
  • Jun 26, 2015
    blog

    A Place to Store, Track Your Classic

    Construction of the M1 Concourse, a collection of private garages and a handling track, is under way in suburban Detroit, and the first 80 units are expected to be ready for owners by next spring....More
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