By on February 29, 2016

Carl Icahn caricature (Image: Insider Monkey/Flickr)

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 could net him full ownership.

(Read More…)

By on January 7, 2015

GM Ventures Sees Potential in Fuel Saving Technology

General Motors has played with cylinder deactivation technology since the days of Carter, sometimes successful, sometimes with more disastrous results.

With Tula Technology’s Dynamic Skip Fire, GM is banking on the former.

(Read More…)

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