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Fisker Automotive may receive a $350 million acquisition bid from China-based automaker Dongfeng Motor Corp., Bloomberg says, citing people familiar with the process. Dongfeng would buy about 85 percent of the California-based maker of the $100,000 Karma extended-range plug-in, the wire service ...
While some hipsters were bummed out by the idea of car rental giant Avis owning quirky car sharing innovator Zipcar, US regulators will probably approve the deal. That's what Reuters found out after conducting an informal poll of nine antitrust experts. While several of them feared loss of the ...
There must be a market out there for quarter-million-dollar all-electric Range Rovers, right? Green Automotive Co., which makes all-electric buses, will acquire U.K.-based Land Rover-conversion company Liberty Electric Cars for about $17 million in stock. GAC agreed to buy Liberty Electric for ...