The Truth About Cars » stocks http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sun, 01 May 2016 16:00:56 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 Sausage Fight! Decadent Daimler Shareholders Tangle in Bratwurst Brouhaha http://www.thetruthaboutcars.com/2016/04/sausage-fight-decadent-daimler-shareholders-tangle-bratwurst-brouhaha/ http://www.thetruthaboutcars.com/2016/04/sausage-fight-decadent-daimler-shareholders-tangle-bratwurst-brouhaha/#comments Thu, 07 Apr 2016 12:30:41 +0000 http://www.thetruthaboutcars.com/?p=1319970 Sometimes, stereotypes exist for a reason. Things got heated yesterday at a Daimler AG shareholders meeting in Germany, where a fight broke out over lengthy, plump sausages, Bloomberg has reported. This, despite the fact the lucky shareholders were told they’d be receiving the biggest dividend in the company’s history — 3.25 euros ($3.70) per share. You’d […]

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Sometimes, stereotypes exist for a reason. Things got heated yesterday at a Daimler AG shareholders meeting in Germany, where a fight broke out over lengthy, plump sausages, Bloomberg has reported. This, despite the fact the lucky shareholders were told they’d be receiving the biggest dividend in the company’s history — 3.25 euros ($3.70) per share. You’d […]

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Volkswagen Investors Want an Expensive Pound of Flesh http://www.thetruthaboutcars.com/2016/03/volkswagen-investors-want-expensive-pound-flesh/ http://www.thetruthaboutcars.com/2016/03/volkswagen-investors-want-expensive-pound-flesh/#comments Tue, 15 Mar 2016 17:00:09 +0000 http://www.thetruthaboutcars.com/?p=1304297 The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker. As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is […]

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The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker. As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is […]

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Carl Icahn Wants It All http://www.thetruthaboutcars.com/2016/02/carl-icahn-wants/ http://www.thetruthaboutcars.com/2016/02/carl-icahn-wants/#comments Mon, 29 Feb 2016 19:00:02 +0000 http://www.thetruthaboutcars.com/?p=1292538 Billionaire businessman and activist investor Carl Icahn wants to snatch up the last bits of Federal-Mogul Holdings Corporation he doesn’t already own, Automotive News reports. The 80-year-old tycoon already owns an 82 percent share in the Southfield, Michigan-based global auto parts supplier, where he serves as chairman, but his recent offer of $7 a share […]

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Billionaire businessman and activist investor Carl Icahn wants to snatch up the last bits of Federal-Mogul Holdings Corporation he doesn’t already own, Automotive News reports. The 80-year-old tycoon already owns an 82 percent share in the Southfield, Michigan-based global auto parts supplier, where he serves as chairman, but his recent offer of $7 a share […]

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TTAC News Round-up: Investors Pump the Brakes, Daimler’s Dig, and Chapo’s Crapwagon http://www.thetruthaboutcars.com/2016/01/ttac-news-round-investors-pump-brakes-daimlers-dig-chapos-crapwagon/ http://www.thetruthaboutcars.com/2016/01/ttac-news-round-investors-pump-brakes-daimlers-dig-chapos-crapwagon/#comments Thu, 14 Jan 2016 18:09:07 +0000 http://www.thetruthaboutcars.com/?p=1266585 Investors aren’t necessarily drinking automakers’ Kool-Aid that 2016 will be full of beer and Skittles. That, the China-made Cadillac CT6 that’ll eventually get here, El Chapo’s cheapo getaway car and General Motors’ questions get down and dirty … after the break! Investors aren’t embracing automakers’ continued enthusiasm Even though automakers are boasting fatter bottom lines […]

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Investors aren’t necessarily drinking automakers’ Kool-Aid that 2016 will be full of beer and Skittles. That, the China-made Cadillac CT6 that’ll eventually get here, El Chapo’s cheapo getaway car and General Motors’ questions get down and dirty … after the break! Investors aren’t embracing automakers’ continued enthusiasm Even though automakers are boasting fatter bottom lines […]

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Suzuki Will Spend $3.9 Billion to Buy Itself Back from Volkswagen http://www.thetruthaboutcars.com/2015/09/suzuki-will-spend-3-9-billion-to-buy-itself-back-from-volkswagen/ http://www.thetruthaboutcars.com/2015/09/suzuki-will-spend-3-9-billion-to-buy-itself-back-from-volkswagen/#comments Wed, 16 Sep 2015 17:00:26 +0000 http://www.thetruthaboutcars.com/?p=1174266 Suzuki, while at Frankfurt showing off its new Baleno hatchback and next-generation Vitara, is dealing with a financial problem of sorts. In order to buy itself back from Volkswagen, the Japanese automaker will have to shell out 471.74 billion yen — or $3.9 billion USD. Suzuki plans to purchase as many of those shares back as possible […]

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Suzuki, while at Frankfurt showing off its new Baleno hatchback and next-generation Vitara, is dealing with a financial problem of sorts. In order to buy itself back from Volkswagen, the Japanese automaker will have to shell out 471.74 billion yen — or $3.9 billion USD. Suzuki plans to purchase as many of those shares back as possible […]

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Elon Musk’s $500 Million Moonshot, and it’s Not About Cars http://www.thetruthaboutcars.com/2015/08/elon-musks-500-million-moonshot-not-cars/ http://www.thetruthaboutcars.com/2015/08/elon-musks-500-million-moonshot-not-cars/#comments Thu, 13 Aug 2015 16:03:57 +0000 http://www.thetruthaboutcars.com/?p=1141258 Tesla filed Thursday to sell nearly $500 million in shares of its company to raise capital and cover investments the electric carmaker plans to make in the future. According to the filing with the U.S. Securities and Exchange Commission, the proceeds will go toward the company’s planned investments in the Model 3, Supercharger network and […]

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Tesla filed Thursday to sell nearly $500 million in shares of its company to raise capital and cover investments the electric carmaker plans to make in the future. According to the filing with the U.S. Securities and Exchange Commission, the proceeds will go toward the company’s planned investments in the Model 3, Supercharger network and […]

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General Motors to Divest Remaining Ownership of Ally Financial http://www.thetruthaboutcars.com/2013/12/general-motors-to-divest-remaining-ownership-of-ally-financial/ http://www.thetruthaboutcars.com/2013/12/general-motors-to-divest-remaining-ownership-of-ally-financial/#comments Thu, 05 Dec 2013 12:53:39 +0000 http://www.thetruthaboutcars.com/?p=671586 Ally Financial, the bank holding company formerly known as GMAC, is still a major part of the United States federal government investment portfolio in the five years since it was bailed out at the start of the Great Recession. Yet, it may be able to soon divest its ownership in part due to General Motors […]

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Ally Financial, the bank holding company formerly known as GMAC, is still a major part of the United States federal government investment portfolio in the five years since it was bailed out at the start of the Great Recession. Yet, it may be able to soon divest its ownership in part due to General Motors […]

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BMW Pulls Ahead With Investors http://www.thetruthaboutcars.com/2012/12/bmw-pulls-ahead-with-investors/ http://www.thetruthaboutcars.com/2012/12/bmw-pulls-ahead-with-investors/#comments Tue, 18 Dec 2012 17:02:45 +0000 http://www.thetruthaboutcars.com/?p=470581 The S-Class Mercedes has been the default choice for the global taste-and-wealth set for a very long time, probably since the demise of the Elwood Engel Continental. The 7-Series BMW, by contrast, has always been a slightly embarrassing purchase, the choice of the man cut out from the classy club by birth, ignorance, or a […]

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The S-Class Mercedes has been the default choice for the global taste-and-wealth set for a very long time, probably since the demise of the Elwood Engel Continental. The 7-Series BMW, by contrast, has always been a slightly embarrassing purchase, the choice of the man cut out from the classy club by birth, ignorance, or a […]

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