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Mitsubishi Motors officially announces end of production in US; seeking buyer for plant

2015-07-27 10:55:40| Green Car Congress

Tags: end production plant seeking

 

Foreign buyer to fuel DVG's east coast drive

2015-07-12 19:45:36| Auto Dealers - Topix.net

The drums are beating around one of WA's biggest private businesses, with talk of an imminent corporate deal fuelling speculation about the future of family-owned car retailer DVG Automotive Group. DVG has declined to comment but the rumour mill suggests management is working on a partial sell-down of the business to an offshore buyer.

Tags: drive east foreign coast

 
 

Wilmar International seen sole buyer of ICE raw sugar contract -traders

2015-07-01 06:35:24| Sugar Industry News

Wilmar International Ltd has bought about 460,900 tonnes of raw sugar against the July contract on ICE Futures U.S. that expired on Tuesday, U.S. traders said.

Tags: international contract ice raw

 

Magna International Inc a - highly probable' buyer of some Granite REIT assets, analyst says

2015-06-14 01:11:52| Automakers - Topix.net

Granite, which owns 30 million square feet of industrial properties in North America and Europe, counts Magna as its largest tenant with about 82 per cent of its annualized lease payments coming from the auto-parts manufacturer. Granite Real Estate Investment Trust is considering a sale of its assets, and Magna International Inc. is a "highly probable" buyer of its special-purpose facilities, according to Desjardins analyst Michael Markidis.

Tags: international highly says buyer

 

Fraudulent Luxury Car Buyer Sentenced to Prison

2015-06-12 02:04:34| Auto Dealers - Topix.net

A Hyattsville man will spend 61 months in prison for using fake identities to buy Cadillacs and BMWs from Silver Spring, Bowie dealers. A Hyattsville man was sentenced Wednesday by a federal judge to spend 61 months in prison for using stolen identities in an attempt to buy nearly $1 million worth of BMWs and other luxury cars.

Tags: car buyer prison luxury

 

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