http://www.worldcarfans.com/category/corporatefinancial http://content.worldcarfans.co/templates/0/6/images/feedlogo.gif http://www.worldcarfans.com/category/corporatefinancial http://www.worldcarfans.com/113061758926/fisker-lost-35000-on-each-karma---report Fisker's future remains in doubt but new details are starting to emerge about what brought the eco-friendly startup to the edge of bankruptcy.]]> Tue, 18 Jun 2013 00:00:00 GMT http://www.worldcarfans.com/113061758926/fisker-lost-35000-on-each-karma---report http://www.worldcarfans.com/113061158699/judge-dismisses-spyker-lawsuit-against-gm A U.S. federal judge has dismissed Spyker's $3 (€2.2 / £1.9) billion lawsuit against General Motors for interfering with Saab's affairs.]]> Tue, 11 Jun 2013 22:00:00 GMT http://www.worldcarfans.com/113061158699/judge-dismisses-spyker-lawsuit-against-gm http://www.worldcarfans.com/113060458424/ex-porsche-cfo-convicted-of-fraud-related-to-failed-vw Ex-Porsche CFO Holger Haerter has reportedly been convicted of fraud stemming from Porsche's failed takeover of Volkswagen.]]> Tue, 04 Jun 2013 22:40:00 GMT http://www.worldcarfans.com/113060458424/ex-porsche-cfo-convicted-of-fraud-related-to-failed-vw http://www.worldcarfans.com/113052257951/vl-automotive--wanxiang-team-up-for-fisker-bid---report Fisker's future has looked pretty bleak ever since partnership talks with Dongfeng and Geely broke down in March. However, a new report is indicating VL Automotive and the Wanxiang Group have submitted an offer to buy the company.]]> Thu, 23 May 2013 00:20:00 GMT http://www.worldcarfans.com/113052257951/vl-automotive--wanxiang-team-up-for-fisker-bid---report http://www.worldcarfans.com/113052157903/us-european-auto-trade-deal-in-the-works-could-result Automakers have expressed their support for a free trade deal between the United States and European Union that could significantly reduce costs on both sides of the Atlantic.]]> Wed, 22 May 2013 00:40:00 GMT http://www.worldcarfans.com/113052157903/us-european-auto-trade-deal-in-the-works-could-result http://www.worldcarfans.com/113050157207/aston-martin--investindustrial-officially-tie-the-knot Aston Martin has successfully completed their previously announced partnership with Investindustrial. According to the terms of the deal, Aston Martin will receive a £150 ($223.7 / €177.1) million investment from Investindustrial.]]> Thu, 02 May 2013 00:00:00 GMT http://www.worldcarfans.com/113050157207/aston-martin--investindustrial-officially-tie-the-knot http://www.worldcarfans.com/113050157203/coda-files-for-bankruptcy-plans-to-restructure-and-end California-based Coda has filed for a voluntary Chapter 11 bankruptcy. The company will use the bankruptcy to restructure and focus on energy storage systems]]> Wed, 01 May 2013 22:00:00 GMT http://www.worldcarfans.com/113050157203/coda-files-for-bankruptcy-plans-to-restructure-and-end http://www.worldcarfans.com/113040756221/fisker-sued-because-workers-did-not-receive-advance-notice Just a few hours after Fisker announced a major layoff, a new problem occurred as the company is now facing a federal lawsuit.]]> Sun, 07 Apr 2013 20:40:00 GMT http://www.worldcarfans.com/113040756221/fisker-sued-because-workers-did-not-receive-advance-notice http://www.worldcarfans.com/113040556170/general-motors-confirms-investing-332m-to-make-more-efficient General Motors has disclosed plans about investing 332M USD for developing more fuel-efficient engines and transmissions.]]> Fri, 05 Apr 2013 21:40:00 GMT http://www.worldcarfans.com/113040556170/general-motors-confirms-investing-332m-to-make-more-efficient http://www.worldcarfans.com/113040556191/mass-layoffs-underway-at-fisker---report Fisker is inching closer to collapse as the company has reportedly begun mass layoffs which include eliminating their whole PR team.]]> Fri, 05 Apr 2013 21:00:00 GMT http://www.worldcarfans.com/113040556191/mass-layoffs-underway-at-fisker---report http://www.worldcarfans.com/113040256024/pininfarina-makes-its-first-profit-since-2004 Pininfarina announced recently that 2012 was the first profitable year since 2004.]]> Tue, 02 Apr 2013 17:00:00 GMT http://www.worldcarfans.com/113040256024/pininfarina-makes-its-first-profit-since-2004 http://www.worldcarfans.com/113031855300/nurburgring-is-officially-for-sale Following several years of financial problems, the entire Nürburgring racing park is officially on sale.]]> Mon, 18 Mar 2013 15:20:00 GMT http://www.worldcarfans.com/113031855300/nurburgring-is-officially-for-sale http://www.worldcarfans.com/113031455187/charles-morgan-kind-of-sort-of-replaced-as-managing-director Charles Morgan has apparently been replaced as Morgan's managing director, but he still contends he has control over the company.]]> Thu, 14 Mar 2013 21:20:00 GMT http://www.worldcarfans.com/113031455187/charles-morgan-kind-of-sort-of-replaced-as-managing-director http://www.worldcarfans.com/113031355118/peugeot--citroen-to-further-differentiate-upcoming-models In an effort to combat sagging sales, PSA Peugeot-Citroen is reportedly adopting a new strategy that will further differentiate their upcoming models.]]> Wed, 13 Mar 2013 22:50:00 GMT http://www.worldcarfans.com/113031355118/peugeot--citroen-to-further-differentiate-upcoming-models http://www.worldcarfans.com/113031355120/volvo-v60-might-come-to-the-us---report Volvo's U.S. lineup is starting to get a little thin, so the company is reportedly considering plans to offer the V60 in America.]]> Wed, 13 Mar 2013 21:50:00 GMT http://www.worldcarfans.com/113031355120/volvo-v60-might-come-to-the-us---report http://www.worldcarfans.com/113031355122/henrik-fisker-resigns-from-fisker-automotive---report Henrik Fisker has reportedly resigned from the company he founded over several major disagreements with executive management.]]> Wed, 13 Mar 2013 19:20:00 GMT http://www.worldcarfans.com/113031355122/henrik-fisker-resigns-from-fisker-automotive---report http://www.worldcarfans.com/113030154505/honda-investing-1-billion-into-acura---report Acura has always been an also-ran in the luxury segment, but Honda is finally getting serious about the perennial disappointment as the company has reportedly decided to invest $1 billion (€769 million) dollars into the brand.]]> Fri, 01 Mar 2013 23:20:00 GMT http://www.worldcarfans.com/113030154505/honda-investing-1-billion-into-acura---report http://www.worldcarfans.com/113022154160/dieter-zetsche-to-remain-daimler--ceo Daimler's Supervisory Board has unanimously voted to extend the contract of CEO Dr. Dieter Zetsche.]]> Thu, 21 Feb 2013 22:20:00 GMT http://www.worldcarfans.com/113022154160/dieter-zetsche-to-remain-daimler--ceo http://www.worldcarfans.com/113021853976/audi-forced-qoros-to-drop-the-gq3-moniker---report When Qoros announced plans to introduce the GQ3 at the Geneva Motor Show, Audi took notice and filed lawsuit to prevent the automaker from using the Q initial.]]> Mon, 18 Feb 2013 23:20:00 GMT http://www.worldcarfans.com/113021853976/audi-forced-qoros-to-drop-the-gq3-moniker---report http://www.worldcarfans.com/113021853971/ferrari-named-most-powerful-brand-of-2013 The self-proclaimed "brand valuation and marketing experts" at Brand Finance have named Ferrari as the most powerful brand of 2013.]]> Mon, 18 Feb 2013 19:50:00 GMT http://www.worldcarfans.com/113021853971/ferrari-named-most-powerful-brand-of-2013 http://www.worldcarfans.com/113021553905/-dongfeng-motor-corp-looking-to-takeover-fisker---report According to a recent report, the Dongfeng Motor Corp has offered Fisker $350 (€261) million for an 85 percent stake in the company.]]> Fri, 15 Feb 2013 23:20:00 GMT http://www.worldcarfans.com/113021553905/-dongfeng-motor-corp-looking-to-takeover-fisker---report http://www.worldcarfans.com/113021253708/next-gen-fiat-500-to-be-built-exclusively-in-poland---report Fiat could decide to concentrate all next-gen 500 production in Poland, according to various sources.]]> Tue, 12 Feb 2013 18:20:00 GMT http://www.worldcarfans.com/113021253708/next-gen-fiat-500-to-be-built-exclusively-in-poland---report http://www.worldcarfans.com/113021153695/psa-peugeot-citroen-bailout-approved-by-european-union The European Union has granted temporary approval to France's request to provide PSA Peugeot Citroen with up to €1.2 ($1.6) billion in loans for a term of up to 36 months.]]> Mon, 11 Feb 2013 23:40:00 GMT http://www.worldcarfans.com/113021153695/psa-peugeot-citroen-bailout-approved-by-european-union http://www.worldcarfans.com/113020453399/nissan-to-build-volkswagen-golf-rival-in-spain Nissan has announced plans to invest more than €130 ($175 / £111) million into their production facility in Barcelona, Spain. The money will be used to assemble a new passenger car at the plant.]]> Tue, 05 Feb 2013 00:20:00 GMT http://www.worldcarfans.com/113020453399/nissan-to-build-volkswagen-golf-rival-in-spain http://www.worldcarfans.com/113020153336/wanxiang-offers-to-help-fisker-tie-up-possible Fisker hasn't built a Karma in over six months and the company's financial status is reportedly dire. However, China's Wanxiang Group has offered to assist the company with a possible strategic alliance.]]> Fri, 01 Feb 2013 23:40:00 GMT http://www.worldcarfans.com/113020153336/wanxiang-offers-to-help-fisker-tie-up-possible http://www.worldcarfans.com/113012853153/toyota-is-now-officially-the-worlds-largest-car-manufacturer Toyota managed to outsell GM and VW Group last year, regaining the global auto sales crown.]]> Mon, 28 Jan 2013 17:30:00 GMT http://www.worldcarfans.com/113012853153/toyota-is-now-officially-the-worlds-largest-car-manufacturer http://www.worldcarfans.com/113012453038/corvette-stingray-available-only-at-top-chevrolet-dealers The new Corvette will be sold at first only at top Chevy dealers, according to a recent report.]]> Thu, 24 Jan 2013 21:10:00 GMT http://www.worldcarfans.com/113012453038/corvette-stingray-available-only-at-top-chevrolet-dealers http://www.worldcarfans.com/113012453058/future-opel--vauxhall-mpvs-to-use-psa-platforms General Motors and PSA Peugeot Citroën have released new details about their partnership agreement.]]> Thu, 24 Jan 2013 20:40:00 GMT http://www.worldcarfans.com/113012453058/future-opel--vauxhall-mpvs-to-use-psa-platforms http://www.worldcarfans.com/113012152923/renault-appoints-an-alpine-advisory-board-includes-racers The revival of the Alpine brand is inching closer as Renault has appointed a new Advisory Board. This isn't ground breaking news, but its members aren't the typical set accountants and penny-pinchers.]]> Mon, 21 Jan 2013 20:40:00 GMT http://www.worldcarfans.com/113012152923/renault-appoints-an-alpine-advisory-board-includes-racers http://www.worldcarfans.com/113010852366/saab-to-setup-shop-in-qingdao-china Saab's parent company, National Electric Vehicles Sweden (NEVS), has entered into a long term partnership with the Chinese city of Qingdao.]]> Tue, 08 Jan 2013 23:10:00 GMT http://www.worldcarfans.com/113010852366/saab-to-setup-shop-in-qingdao-china