by Fast Machines | Jan 3, 2014 | Formula One Blog
2:45PM GMT 30 Dec 2013 Comments
by Fast Machines | Jan 3, 2014 | Exterior
Fiat CEO Sergio Marchionne. While the rest of us were celebrating the new year, Chrysler was switching nationalities. By January 20, Fiat will buy the last 41.5-percent stake in Chrysler, currently held by a UAW healthcare trust, marking the first time a Detroit...
by Fast Machines | Jan 3, 2014 | Auto News
Wanxiang American Corp. has put in a “stalking horse” bid on Fisker, which is supposed to be sold to Hybrid Tech Holdings LLC for $25 million. Stalking horse bids are made to help prevent undervalued deals from going through, and currently the Department of Energy...