Silver Lane Advises AFAM Capital in merger with Kovitz Investment Group

Silver Lane Advisors, a premier investment bank that specializes in the financial services industry, is pleased to have served as exclusive financial advisor to AFAM Capital in its merger with Kovitz Investment Group. Jeff Brand led Silver Lane's deal team. AFAM's roots trace back to 1977, when Al Frank launched "The Prudent Speculator"...

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Ten years on from the financial crisis, have we learned enough?

Graham Bishop, Investment Director at Heartwood Investment Management, the asset management arm of Handelsbanken in the UK Fear and greed typically characterise the beginning and end of economic cycles (the natural fluctuations between periods of growth and recession). But although the basic fundamentals defining the health and stability of financial...

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Japan heading for biggest M&A spree in the U.S.

Japan is on track this year for its biggest acquisition spree in the US as advisers tell chief executives to pounce on deals while Chinese companies are hampered by trade war tensions. The advice of bankers and lawyers to accelerate US-targeted deals has intensified over recent months in line with both the surge in trade war rhetoric and the perception...

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The 25th World Islamic Banking Conference

Held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, The Prime Minister of the Kingdom of Bahrain, and convened by leading financial intelligence platform Middle East Global Advisors in strategic partnership with the Central Bank of Bahrain, the World Islamic Banking Conference (WIBC) will take place on November 26th, 27th & 28th at...

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Will the M&A boom continue?

The global mergers and acquisitions (M&A) market is enjoying a boom – of that there can be little doubt. In the first half of this year global M&A deals reached a record $2.5trn (£1.9trn) in value, according to Thompson Reuters, a rise of 65 per cent on a year earlier. Much of this has been underpinned by the generous use of debt but also a lot...

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Automation

Kia K900 gets fine-tuning from Albert Biermann

Kia's next K900 is banking on the influence of German master tuner Albert Biermann.Read More

EU electrified car push is driven by rules, not market demand

Jaguar, Mercedes, Audi, Porsche and VW are among automakers electrifying their lineups in what looks like an enthusiastic move to the new technology.Read More

Nissan Altima orange is the new orange

Nicole Fonseca, a 39-year-old Detroiter who studied fashion design at Central Michigan University, was tasked with color and interior design on the redesigned 2019 Nissan Altima.Read More

GM restructures global strategy, EV executives

General Motors is restructuring the leadership of its global strategy and EV units as it begins to deploy at least 20 battery-electric and fuel-cell powered vehicles globally by 2023.Read More

New Ford F-150 ad takes subtle digs at redesigned Ram, Chevy pickups

Ford's latest F-150 commercial reinforces the automaker's leadership without calling out its redesigned rivals by name.Read More

AutoNews Now: GM execs take on new roles ahead of EV push

GM execs take on new roles ahead of EV push; Caddy's catch-up crossover; F-150 'big dog' in new ad; Report: KKR unit lines up financing for Magneti Marelli buy; From Edison to Elon?Read More

Amazon finds another way into the car dashboard with Echo Auto

Amazon's latest aftermarket product, Echo Auto, allows drivers to bring the power of Alexa with them on the road.Read More

Aston Martin pisa el acelerador en su plan de salir a bolsa

La compañía, famosa por fabricar coches deportivos conducidos por el agente secreto James Bond, dijo que pretendía salir en bolsa, en la que sería el primer estreno bursátil de un fabricante británico de autos en décadas.Read More

Opel to further scale back output at Ruesselsheim plant

Opel is planning to further scale back production at its Ruesselsheim plant in Germany to 35 from 42 vehicles per hour, having lowered the output to 42 vehicles only last month, a local newspaper group reported.Read More

Calsonic, backed by KKR, lines up $5.9 billion in financing for Magneti deal

Calsonic Kansei has lined up about 5 billion euros ($5.9 billion) in financing from Japanese banks to help fund its proposed acquisition of Fiat Chrysler's Magneti Marelli unit, Reuters reported.Read More

Lincoln's answer to Cadillac's Super Cruise technology

Lincoln's new lane-centring technology, when combined with adaptive cruise control, is a similar, more affordable version of Cadillac's Super Cruise -- and should be marketed as such.Read More

French minister optimistic over buyer for Ford's Blanquefort plant

French Economy minister Bruno Le Maire said that talks with Belgian transmissions supplier Punch Powerglide over the purchase of Ford's Blanquefort gearbox plant in southwestern France should be concluded next month.Read More

First Shift: Storm leaves 20,000 ruined cars

Storm leaves 20,000 ruined cars; Rains costly for Mazda; Exec who helped keep Ford afloat retiring; Latest Tesla defection; Auto plants still hiring humans; Burt Reynolds car auction.Read More

Tesla reaches lithium deal with Chinese supplier

China's top producer of lithium, a metal used in EV batteries, said it reached a deal with Tesla to supply the automaker, highlighting the push for supply pacts.Read More

Tesla's management exodus continues with purchasing chief's departure

Tesla's purchasing chief is leaving the company, according to people familiar with the matter, as CEO Elon Musk struggles to contain an exodus of senior executives.Read More

Tesla Semi

Musk has revealed plans for an electric semitruck offering a 300-mile range for $150,000 or a 500-mile range for $180,000. STAGE: New in 2020Read More

Summer rains in Japan cost Mazda 44,000 units, $249 million

Mazda said it lost 44,000 units of production, including some output of vehicles bound for the U.S., because of interruption from heavy rain this summer. The disruption will cost Mazda $249 million.Read More

Opel to further scale back output at Ruesselsheim plant, report says

Opel is planning to further scale back production at its Ruesselsheim plant in Germany to 35 from 42 vehicles per hour, having lowered the output to 42 vehicles only last month, a local newspaper group reported.Read More

PSA urges France to revive incentives for plug-in hybrids

PSA is pressing the French government to revive sales incentives on plug-in hybrid vehicles. France currently offers a 6,000-euro ($7,000) subsidy on EVs, but an earlier 1,000-euro plug-in hybrid subsidy was scrapped last year.Read More

GM suspends work on Chevrolet Niva replacement

GM has suspended work on a planned replacement of its last remaining Russian-built vehicle, the Chevrolet Niva SUV. The Niva is built by Russia's AvtoVAZ.Read More