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Legendary investor Carl Icahn's aggressive expansion into the automotive segment continued in the Detroit area market this week.
Carl Icahn's Icahn Automotive Group LLC said it has acquired 19 service centers and an auto parts distribution business. It's the latest in several related acquisitions made by Icahn in recent years.
Carl Icahn imagines the next two decades or so of transportation the way a lot of experts do: Americans will ditch personal cars. He sees the migration playing into his hands.
Carl Icahn's Federal-Mogul is considering a sale of its Fel-Pro engine parts business, seeking about $1.5 billion if it pursues a deal, people familiar with the matter told Bloomberg.
As investor concern spreads about the plunging prices of used cars in the U.S., one company and its top investor are enduring the biggest beating: Hertz and Carl Icahn.
Federal-Mogul Holdings LLC on Thursday named Bradley Norton as the new co-CEO and CEO of the diversified auto parts supplier's motor parts division.
Decision time at GM; Untapped gold mine for dealers?; VW to sell old, new Tiguans; Icahn buying Precision Tune stores; Tesla insurance-rate hike; Toyota backs flying car venture.
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