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Nissan takes controlling stake in Mitsubishi for $2.2 billion

Nissan takes controlling stake in Mitsubishi for $2.2 billion

Hot on the heels of yesterday's stunning revelation that Mitsubishi Motors probably lied about fuel economy stats on all of its Japanese-market vehicles comes word that the troubled automaker has sold a controlling stake of its shares to Nissan. The deal includes Nissan's purchase of 506.6 million... read more

May 12, 2016 by -
 
Apple-Tesla logo

What Would Apple Have Gained From Buying Tesla (And Vice Versa)?

The San Francisco Chronicle has suggested that tech giant Apple seriously considered purchasing start-up automaker Tesla. How seriously? Reporters Thomas Lee and David R... read more February 17, 2014 by


 
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... read more September 24, 2013 by


 
Fiat's Sergio Marchionne

Chrysler, Fiat Not Merging (For Now)

Earlier today, Sergio Marchionne told reporters that he has no intention to merge the operations of Fiat and Chrysler. To some, that will signal trouble in paradise; others... read more January 3, 2011 by 7


 
2006 Chrysler 300-Series 4-door Sedan 300C Grille

Chrysler Brand Not Good Enough for Europe, Except in U.K.

As U.S. car buyers slog through their last year of shopping for the warmed-over 2010 models that Chrysler has been offering since before its bankruptcy, the great... read more April 22, 2010 by 4


 
Porsche Volkswagen Merger

Volkswagen Ups Its Stake In Porsche To 49.9%

Mergers and acquisitions are a hot topic this week, so we'd be remiss if we didn't mention that Volkswagen has ramped up plans to buy out its sporty sister, Porsche. You... read more October 22, 2009 by 0


 

 
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