Tracinda heads for the exit again In announcing that it had offloaded 7.3m shares and may sell the rest, Kirk Kerkorian's Tracinda group said that it saw better prospects in the gambling, hospitality and energy industries
Ford has little room for manoeuvre Kirk Kerkorian's exit from Ford Motor comes in a turbulent month for the carmaker, which last week saw the resignations of Jorma Ollila and Sir John Bond, two of its most experienced board members
Bafin to examine volatility of VW shares Stock's rollercoaster ride causes German regulator to look into trading for second time in a month, though no formal investigation launched
Good karma The first of Joy Rainey's reports from the Karma Enduro in which participants take an adventure tour of India in Hindustan Ambassadors to raise money for charities in the UK and the subcontinent
Buyers cash out of 4x4s Auto Trader has revealed that adverts for private cars have increased by 6 per cent in the year to September, with the rising demand attributed to sellers wanting to sell old cars to trade into cleaner and more economical models.
Buyers cash out of 4x4s Auto Trader has revealed that adverts for private cars have increased by 6 per cent in the year to September, with the rising demand attributed to sellers wanting to sell old cars to trade into cleaner and more economical models.
Kerkorian sells down his Ford stake In a sharp change of strategy, Kirk Kerkorian, the US billionaire, is selling down his stake in Ford Motor because he sees more value in his core gambling holdings. The move is a fresh blow for the struggling US carmaker.
Driver leaps from empty car in highspeed stunt A young motorist is shown leaping between speeding cars leaving his own vehicle hurtling down a main road without a driver in shocking footage posted on the internet.
Police officers given talking petrol caps to stop ruining engines Police patrol cars are to be fitted with talking petrol caps after officers from one force caused £42000 of damage by filling vehicles with the wrong type of fuel.
Porsche, VW – and hedge funds Porsche is not the first company to use cash-settled call options to buy a German rival by stealth, but it has done so with more spectacular effect than anyone else
Funding access for car sector German and French carmakers, which have asked the European Commission for €40bn ($53bn) in cheap loans, are eligible to tap their governments' banking rescue...
Credit crisis drives down Japanese sales in US Until recently, this year's sharp downturn in developed-country automobile sales held a silver lining for Japanese manufacturers. As high fuel prices forced drivers to...
Credit crisis drives down Japanese car sales in US Until recently, this year's sharp downturn in developed-country automobile sales held a silver lining for Japanese manufacturers. As high fuel prices forced drivers to...
Green light for car groups to tap bank rescue cash German and French carmakers will be allowed to tap their governments' banking rescue plans for financial support, according to government officials. Both the German...
Nissan cuts output of two models as orders fall The deteriorating conditions for UK manufacturing were starkly underlined yesterday by news that falling orders have forced the carmaker Nissan to halt production for...
Green light for car groups to tap bank rescue cash German and French carmakers will be allowed to tap their governments' banking rescue plans for financial support, according to government officials. Both the German...
Carmakers may tap bank rescue cash German and French carmakers, which have asked the European Commission for €40bn ($53bn) in cheap loans, are eligible to tap their governments' banking rescue...
Nissan cuts output of two models Production of the carmaker's Sunderland-made Micra and Note is suspended for two weeks in response to the dramatic decline in car sales due to the global economic downturn
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