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Latest Automotive industry Stories

2014-09-22 08:20:33

BEIJING, Sept. 22, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS, "Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that it will report its second quarter 2014 financial results on Monday, September 29, 2014, before the opening of the U.S. markets. Lentuo's management will host a conference call to discuss the results at 8:00 a.m. Eastern Daylight Time on Monday, September 29, 2014 (8:00 p.m. Beijing time...

2014-09-18 20:20:32

DUBLIN, September 18, 2014 /PRNewswire/ -- Dublin - Research and Markets ( http://www.researchandmarkets.com/research/znw96q/global_automotive) has announced the addition of the "Global Automotive Seat Industry 2014-2019: Trends, Profits and Forecast Analysis" [http://www.researchandmarkets.com/research/znw96q/global_automotive ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The global automotive seat industry is expected to...

2014-09-17 16:20:58

NEW YORK, Sept. 17, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of TRW Automotive Holdings Corp. ("TRW Automotive" or the "Company") (NYSE: TRW) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ZF Friedrichshafen AG. http://photos.prnewswire.com/prnvar/20120409/MM84375LOGO Click here to learn more about the investigation: http://zlk.9nl.com/trw-automotive-holdings-trw, or...

2014-09-16 08:21:10

BEIJING, Sept. 16, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today provided an update on its strategy to expand its sales and service network in the high-end car segment in China. Over the past decade, Lentuo has made the strengthening of its high-end brand portfolio one of its strategic priorities. Since the opening of its first Audi dealership, the Company has...

2014-09-15 20:20:28

NEW YORK, Sept. 15, 2014 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of TRW Automotive Holdings Corp. (NYSE: TRW) ("TRW Automotive") in connection with the sale of the Company to ZF Friedrichshafen AG. http://photos.prnewswire.com/prnvar/20140904/143045 Click here to learn about the case: http://docs.wongesq.com/TRW-Info-Request-Form-396. There is no cost or obligation to you. Under the terms of the transaction,...

2014-09-15 16:20:39

NEW YORK, Sept. 15, 2014 /PRNewswire/ -- The Law Office of James C. Kelly is investigating claims on behalf of investors of TRW Automotive Holdings Corp. ("TRW" or the "Company") (NYSE: TRW), concerning the proposed acquisition of TRW by ZF Friedrichshafen AG ("ZF"). Shareholders of TRW seeking more information about this acquisition are advised to contact James C. Kelly at 888.643.7517 or jkelly@jckellylaw.com. Under the terms of the definitive merger agreement, ZF will acquire all...

2014-09-15 12:21:22

MADISON, Ind., Sept. 15, 2014 /PRNewswire/ -- There are only three stops remaining on Direct Lift's 2014 tour of automotive events, and they include some of the industry's largest annual gatherings. This fall, representatives from North America's leading enthusiast vehicle lift brand will travel to Barrett-Jackson Las Vegas, the SEMA Show and the GoodGuys Autumn Get-Together to educate attendees about the right lifts for working on and storing their vehicles. Photo -...

2014-09-15 12:21:13

BOSTON, Sept. 15, 2014 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duty by the board of directors of TRW Automotive Holdings Corp. ("TRW" or the "Company") (NYSE: TRW) concerning the proposed acquisition of the Company by ZF Friedrichshafen AG ("ZF"). Under the terms of the proposed transaction, each share of TRW will be cashed out for a...

2014-09-15 12:21:02

FRIEDRICHSHAFEN, Germany and LIVONIA, Michigan, September 15, 2014 /PRNewswire/ -- - Combined Company With Pro Forma Sales of More Than EUR 30 Billion and 138,000 Employees - Complementary Portfolio of Acknowledged Products and Technologies Benefitting from Megatrends Such as Fuel Efficiency, Increased Safety Requirements and Autonomous Driving - Balanced Regional and Customer Portfolio in Both Volume and Premium...

2014-09-15 08:21:34

-- Acquisition Price Represents 16% Premium to TRW's Undisturbed Price and 15% Premium to Undisturbed All-Time High Price LIVONIA, Mich., Sept. 15, 2014 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW) today announced it has entered into a definitive agreement with ZF Friedrichshafen AG ("ZF") under which ZF will acquire all outstanding shares of TRW for US$105.60 per share in an all-cash transaction valued at approximately US$13.5 billion on an enterprise value basis....


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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