RECENT NEWS
Agrimoney.com  Jun 18  Comment 
The Australian group accepts a bid for its Futuris car parts unit, but rejects as too low an offer from rival RuralCo for its farm services operations
The Hindu Business Line  Jun 15  Comment 
CIE Automotive SA of Spain will buy a majority stake in the Mahindra group’s combined auto component business. In a deal announced today, the Mahindra group will, in turn, become t...
Reuters  Jun 15  Comment 
Spain's CIE Automotive SA will buy a majority stake in the combined auto component unit of India's diversified Mahindra Group for about $116 million to get access to new markets and supply networks.
Japan Today  Jun 4  Comment 
Toyota Tsusho Corp (TTC) will purchase 4.9% of shares in PT Astra Otoparts from its parent company, PT Astra International. The amount of shares that TTC acquires will be 886 billion Indonesian rupiah, or 9.3 billion Japanese yen. In Indonesian...
JCN Network  May 30  Comment 
Toyota Tsusho Corporation (TTC) will purchase 4.9% of shares in PT Astra Otoparts Tbk (AOP) from its parent company, PT Astra International Tbk or AI. TTC acquires the shares in AOP through book-building bid which was implemented by AI.
Finance Asia  May 30  Comment 
The secondary share sale in the Indonesian car parts maker attracts robust demand, with Japan’s Toyota Tsusho taking about one-third of the deal. The stock jumps after the transaction.     
Forbes  May 27  Comment 
The next time you settle into the seat of a 2013 Ford Fusion, think about this: you're sitting on about 40 recycled plastic bottles.
BBC News  May 23  Comment 
Profits at the car parts and bicycle retailer Halfords have fallen by almost 25%, after what the company described as a "demanding" trading environment.
Clusterstock  May 22  Comment 
A Chinese auto parts maker and a group led by former General Motors executive Bob Lutz have reportedly made a $20 million offer to buy Fisker, the electric car company that has collapsed in recent months. Reuters reported the bid, citing "people...
Reuters  May 21  Comment 
AutoZone Inc , the largest U.S. auto parts retailer, reported a better-than-expected quarterly profit as U.S. customers undertook car repairs after a prolonged winter.




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