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GM Reportedly Rejected A Merger Proposal From Fiat Chrysler In March
Tuesday, May 26, 2015 - 9:06am | 539According to a new report by the New York Times, General Motors Company (NYSE: GM) rejected a merger proposal from Fiat Chrysler Automobiles NV (NYSE: FCAU) CEO Sergio Marchionne back in March. Machionne reportedly emailed GM CEO Mary Barra to suggest the merger, but the proposal apparently...
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An ETF To Play On Strong Auto Sales Data
Wednesday, June 4, 2014 - 10:49am | 443Automobile manufacturers just released their May sales results, and initial readings show strong demand for domestic vehicles. Chrysler Group reported a 17 percent jump in May, General Motors (NYSE: GM) posted growth of 13 percent in total sales, and even Ford (NYSE: F) managed to eke out a...