IPO

Chrysler & Fiat Will Be Married This Sunday, Marchionne Makes Plans To Step Down
Chrysler & Fiat Will Be Married This Sunday, Marchionne Makes Plans To Step Down

In a week when marriage is making headlines, it's only appropriate that one of the biggest hitch-ups in automotive history is set to be solemnized this weekend. According to Detroit News, Chrysler and Fiat will become one this Sunday, and -- to milk a metaphor for all it's worth -- godfather/CEO...Read More»

New York Stock Exchange (photo by Kjetil Ree)
Chrysler Is Going Public, Fiat Merger Could Be Just Around The Bend

The 2014 Jeep Cherokee may be nowhere in sight, but Chrysler's plan to become a publicly traded company is on full view. Yesterday, the automaker filed the paperwork for its initial public offering with the U.S. Securities and Exchange Commission. As we reported last week, this isn't exactly how...Read More»

Sergio Marchionne
Chrysler Going Public, IPO Documents To Be Filed This Week

Things have not gone exactly as planned for Sergio Marchionne. As the head of both Chrysler and Fiat, he's been planning for some time to merge the two companies. Fiat already owns a 58.5 percent stake in Chrysler, and Marchionne had hoped to buy the remaining 41.5 percent that's held by VEBA, a...Read More»

2011 Audi A8 L
Distracted Driving, Audi U.S. Production Plans, Aston Martin IPO: Car News Headlines

A new study finds most drivers are distracted up to 50 percent of the time. [TheCarConnection] Audi plans to build cars in the U.S. for the first time ever. [MotorAuthority] British cab drivers are competing on social media for best gas mileage. [GreenCarReports] Which crossover: 2011 Dodge Durango...Read More»

General Motors Renaissance Center, Detroit, Michigan
Things To Know About General Motors' IPO

General Motors' initial public offering is just a few weeks away, and the company is expected to make some announcements today that should be of interest to investors, analysts, and car fans. Here are a few details, some of which we already knew, and some of which have leaked out in advance of GM's...Read More»

Ed Whitacre
Ed Whitacre's IPO Offense Explained

Many people probably missed Ed Whitacre's chatter about General Motors upcoming IPO. It happened smack in the middle of a very busy week, in the aftermath of "Voltgate". Heck, GM didn't even bother clarifying Whitacre's statements until Friday afternoon, when most sensible people were goofing...Read More»

U.S. Capitol
General Motors Makes Campaign Donations As IPO Nears

During its bankruptcy and restructuring last year, General Motors suspended all giving to political campaigns. It was the right thing to do for a number of reasons, but perhaps most importantly, it was a PR move: GM needed to show the world that it was using every dollar at its disposal to improve...Read More»

GM logo, with cash
GM SEC Filing Reveals Partial Details On IPO

 GM today filed registration with the Securities and Exchange Commission for its proposed Initial Public Offering (IPO). The announcement reveals the stock to be sold will consist of both common stock held by "certain" of its stockholders and issuance of Series B mandatory convertible junior...Read More»

General Motors Renaissance Center, Detroit, Michigan
GM Lands $5 Billion Line Of Credit, Could File For IPO By Tomorrow

Last week, Ed Whitacre said that he was unsure about the timeline for General Motors' initial public offering. Analysts have been expecting GM to return to the stock markets this fall, but there's been a sizable obstacle standing in the automaker's way: finding a $5 billion line of credit, which GM...Read More»

Edward E. 'Ed' Whitacre, Jr.
General Motors Goes Public About Going Public

A little over a year ago, General Motors was split in two: stockholders were left with shares in "Old GM", known officially as "Motors Liquidation Company" -- currently trading around $.41 -- while "New GM", now known as "General Motors Company" became a privately held enterprise owned by a range...Read More»

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