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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 ...
Reports are circulating that Porsche is trying to buy Volkswagen. Porsche took 30 percent ownership of VW in March. A takeover offer was made then but less than 1 percent of VW shareholders accepted the offer. I mean, come on! Talk about a clash of cultures.Porsche makes sports cars. VW does carbon ...
With all the speculation about the future of Chrysler and who might buy them, Ann Arbor News business columnist Rick Haglund has floated an interesting idea that I hadn't seen publicly uttered previously. How about Al Gore leading a takeover of the Auburn Hills group and turning it into the ...