Mon, Jul 13th, 2009
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NEW YORK (AP) - With a $109,000-plus sports car as its only vehicle on the market, Tesla Motors would appear to a niche player on the auto scene. Yet parties including the U.S. government and a fund in Abu Dhabi are counting on the company's electric cars to one day go mainstream.
In June, the U.S. Department of Energy said it would lend Tesla $465 million to help it develop green car technology. Monday, Aabar Investments acquired part of the 10 percent stake in Tesla that Germany's Daimler AG paid $50 million for in May.
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NYU Planning Huge Campus In Abu Dhabi
Jul 14th, 2009 - The Huffington Post
About every other Friday for most of the past year, John Sexton, the president of New York University, would duck away from his offices above Washington Square to teach a small seminar class on the American separation of church and state...
Eddie Bauer buyer to keep stores open
Jul 14th, 2009 - UPI.com
SAN FRANCISCO, July 18 (UPI) -- Most of the 370 outlets of bankrupt U.S. outdoor clothing retailer Eddie Bauer will remain open, its new buyer says.Golden Gate Capital Friday won a bankruptcy auction for the Bellevue...
RHJ bids $388 million for Opel stake: document
Jul 14th, 2009 - Reuters
BERLIN (Reuters) - Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors' Opel business in a last-ditch effort to beat out rival suitors. RHJ's non-binding offer document...
UPDATE 1 - Sinotruk shares soar after MAN investment
Jul 14th, 2009 - Reuters
HONG KONG, July 16 (Reuters) - Shares in Sinotruk (3808.HK)roared to life following a three-week suspension on Thursday,after Europe's third-largest heavy truckmaker MAN SE (MANG.
Bank of America to offer financing for Roadsters
Jul 14th, 2009 - BusinessWeek
Tesla Motors said Tuesday that Bank of America will provide financing for purchases of its all-electric Roadster sports car. Tesla said it expects the financing option to make the Roadster affordable for a larger number of people. For example...
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- 2010 Chevy Camaro, Nissan...An investment firm in Abu Dhabi just bought $2.65 billion of Daimler stock. China is planning to produce and sell 10 million vehicles this year. Nissan is rethinking its diesel plans. All that and more, plus an up-close look at the new Chevy Camaro ...
- ItaliaspeedTV - Ferrari...Ferrari World Abu Dhabi, set to open in 2010, is the worlds first Ferrari theme park and largest attraction of its kind. Ferrari is hoping that it will be an intense multi-sensory experience and a must-visit for enthusiasts, fans and families ...
Related stories from Digg:
Daimler Sells Some of Tesla
Daimler sold nearly half of its stake in Tesla Motors to an investment firm in Abu Dhabi, a move the two companies say will allow them to leverage their investment in Tesla to develop greener automobiles.(Autos)
ampratherMon, Jul 13th, 200936 Diggs, 3 CommentsAbu Dhabi Firm Acquires 9.1% in Daimler AG
In today’s harsh times, it’s not only American car makers which are bleeding and in need of cash infusion. Germany’s Daimler AG, the parent company of Mercedes-Benz, has received $2.7 billion from Abu Dhabi based Aabar Investments PJSC which has received 9.1% stake in the firm in return. (Autos)
cha1205Tue, Mar 24th, 20091 Diggs, 0 CommentsWSJ.com - Abu Dhabi Firm Buys 9.1% of Daimler
Daimler said an Abu Dhabi investment firm will pay $2.65 billion for a 9.1% stake, making it the auto maker's biggest shareholder.(Business & Finance)TrumpCircleMon, Mar 23rd, 20091 Diggs, 0 Comments
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