The British at Lotus, specifically their management have been sharing some very interesting information in their latest of interviews. Lotus CEO Dany Bahar claims that his company's plans on models and such are going well only somehow he feels that a break off from the Malaysian owners at Proton is on the table. If this separation from Proton is to...
The ever important word in recent months at General Motors, their Initial Public Offering has recently become an even more interesting to watch affair than it was not that long ago. A few days ago, GM's CEO, Ed Whitacre had a bit of a chat with a reporter from Reuters who got it out of him. What did he get...
That poky automotive company that mixes beautiful design, with high technology and with interesting legal ideas to finance their whole affair, Fisker, is at it again. So far Fisker is only keeping themselves busy with the Karma they've been parading at the Paris Motor Show but that might not last so much longer as their plans are getting ever more...
Tesla Motors, the exclusive will start trading today on the NASDAQ Stock Market under the ticker of TSLA has already sold its shares and with quite a bit of a result. The company has already raised $226 million by selling shares above its forecast price range, according to the Securities and Exchange Commission filing. Tesla sold a total of 13.3...
As announced yesterday, GM will soon have a bank's support in their attempt at getting the public listing they have been seeking for quite some time. The announcement of a choice being made came even sooner then expected as today the U.S. Treasury made public the name of the bank chosen for the task at hand. According to The Detroit...
Chrysler, one of the two companies that make up Detroit's Big Three who took the bailout money is not in the same rush GM is to get results. While GM's CEO Ed Whitacre Jr. is in the center spot of public attention due to his plan to obtain a possible IPO by the end of this year, Chrysler's CEO Sergio...
