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Reuters - South Korea's Hyundai Motor Co (005380.KS) on Saturday denied its interest in Chrysler's Jeep brand and other assets, adding it had no capacity for a new acquisition as it focused on completing construction of overseas plants.
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0 Comments Reuters - Sotheby's , the world's largest publicly traded auction house, posted a 55 percent rise in its quarterly loss, hammered by losses on auction guarantees, and lower private sales commissions and commission margins.
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Reuters - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the U.S. auto industry.
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Reuters - South Korea's Hyundai Motor Co (005380.KS) has had talks with Chrysler LLC owner Cerberus Capital Management about a potential acquisition of the U.S. automaker's Jeep brand and possibly other assets, people with knowledge of the talks said on Friday.
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