by | Oct 19, 2010 | Towing
Legal wrangling may delay Volkswagen’s (VLKAY) merger with Porsche, Volkswagen CEO Martin Winterkorn said.
Volkswagen planned to complete a merger with Porsche in 2011. Porsche originally planned to buy Volkswagen by securing stock options, only to see its debt levels surge.
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Now, U.S. based-short-sellers of Volkswagen stock are suing Porsche. They say the sports-car maker secretly…
Continue reading Legal Problems May Delay Volkswagen’s Merger With Porsche
Legal Problems May Delay Volkswagen’s Merger With Porsche originally appeared on DailyFinance on Tue, 19 Oct 2010 06:33:00.
Filed Under: Company News, Autos, Small Business
by | Oct 14, 2010 | Towing
Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers — including the Big Three, which have r…
by | Sep 30, 2010 | Towing
Demand for new cars and trucks should be better than it was a year ago. But expectations now are for lower sales than in August, itself unimpressive. That would leave autos stuck in a four-month-long rut.
Conti…
by | Sep 23, 2010 | Towing
General Motors’ share of the U.S. automobile market is expected to slip to 18% in September, the third lowest ever recorded by the Detroit automaker.
Continue reading GM’s Market Share Hovers Near Record Low
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by | Sep 21, 2010 | Towing
Recalling luxury cars to fix faulty hood ornaments might sound like a joke, but ultra high-end automaker Bentley Motors isn’t dismissing reports that its famous “flying B” metal emblem on some models may fail to collapse in a c…
