By on July 21, 2016

BYD

As the saying goes, if you can’t sign a supply agreement with ’em, buy a part of ’em.

That’s clearly not a saying, but that’s what Samsung Electronics Company just did with Chinese electric automaker BYD, handing over $440 million deal for a 1.9 percent stake in the company. According to Bloomberg, a Samsung subsidiary was turned down by China as an approved supplier of batteries to the automaker, so the electronics giant tried another door. (Read More…)

By on February 13, 2014

dongfeng-peugeot-citroen

PSA Peugeot Citroen, Dongfeng and the French government have reached an outline deal to raise $5.5 billion in capital through a planned share sale in a last-ditch effort by PSA to remain alive after General Motors walked out of a similar deal over the Iranian market last year.

(Read More…)

Recent Comments

  • Lou_BC: True. Polaris quads did have an issue with catching fire. My neighbour’s shed burned down and if it...
  • MitchConner: Tool Guy (great username by the way — as it fits), Nikola already conceded they fraudulently represented...
  • Inside Looking Out: I always liked the bold futuristic style of end of 1950s American cars given that I saw them only...
  • Pinkharlem: We have a beautiful 1981 Corona Hatchback that belonged to my father. My mother has been trying to sell...
  • Lou_BC: “The same people who recognize the greed will stay away” Agreed. I’d like to buy a new...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber