• Cosworth corporate logo

    Legendary manufacturer of Formula One engines, Britain-based Cosworth, has plans to go public in 2019 in New York. Reuters reported on Thursday that the company is looking to launch an initial public offering (IPO) after the first quarter of 2019. Today, Cosworth does much more than build engines. The British engineering company, which Ford owned until 2004, makes powertrain and electronics technology such as vehicle software and even sensors for self-driving cars. It also provides data analytics. Cosworth Chairman Kevin Kalkhoven told Reuters that the company currently has a backlog of $440...

  • Ferrari chief Luca Cordero di Montezemolo
    Ferrari Chief Luca di Montezemolo Rules Out IPO

    While investors around the globe are clamoring to buy a piece of Ferrari, those in control of the Italian sports car brand don’t appear willing to budge despite the company being valued at billions of dollars. Last April Sergio Marchionne, the boss of Ferrari’s parent company, Fiat...

  • 2012 Ferrari FF
    Fiat Boss Says Ferrari Worth $7.3 Billion, Targets 8,000 Sales Per Annum

    There were rumblings late last year that Fiat may sell off part of its stake in Ferrari to help raise cash to fund its merger with Chrysler, with the famous sports car manufacturer from Maranello at the time being valued at around $3.3 billion. Speaking recently to an investment group keen to see...

  • GM logo, with cash
    GM Officially Announces IPO: Plans To Raise Up To $13 Billion

    General Motors will begin public sale of 365 million shares of common stock at $26 to $29 per share as it commences its post-bankruptcy and reformation initial public offering (IPO). In addition to the common stock, GM also plans to issue 60 million shares of Series B preferred stock at $50 per...

  • First factory-built Fisker Karma live photos
    Fisker Considering Issuing IPO To Fund Six Car Lineup

    Production of the Fisker Karma plug-in hybrid luxury sedan has just kicked off at the Valmet plant in Finland, with the first car off the line being shown recently at the 2010 Paris Auto Show, but there’s already talk about several other models in the pipeline and possibly an IPO issue...

  • Chrysler-badged Lancia
    Marchionne: Fiat-Based Chryslers On Sale Before 2012, IPO Possible

    While it’s looking more and more likely that the first Alfa Romeos won’t go on sale in the U.S. until 2012, a new range of Chrysler models based on Fiat platforms could be on sale before then. Chrysler is planning to use Fiat’s compact car expertise to develop a range of new fuel efficient...

  • 2010 Tesla Roadster Sport

    Tesla has officially filed for an initial public offering of up to $100 million after being in the business of manufacturing electric vehicles for just on six years. The California-based automaker is hoping to cash in on a resurgence in the popular of electric vehicles, and together with its Department of Energy funding is now well-poised to start building and selling its second model, the Model S sedan. The only official word from Tesla is that the company has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its...

  • Tesla Model S Sedan
    Report: Tesla Motors Preparing To Go Public

    Tesla Motors could be preparing an IPO, according to

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