The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
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September 2011

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Sunday, September 11, 2011

Ford Names William Helman to Board of Directors

Ford Names William Helman to Board of Directors

Ford Motor Company announced today the election of William W. Helman IV to the company's Board of Directors, effective immediately. Helman, 53, is a partner with Greylock Partners, where he has served since 1984. In his role at Greylock, Helman focuses on enterprise software, consumer internet, healthcare and biotechno ... Continue reading

GM Financial Announces $900 Million Senior Subordinate Asset-Backed Securitization

GM Financial Announces $900 Million Senior Subordinate Asset-Backed Securitization

GENERAL MOTORS FINANCIAL COMPANY INC. announced the pricing of a $900 million offering of automobile receivables-backed securities through lead managers J.P. Morgan, Credit Suisse and Deutsche Bank Securities. Co-managers are Barclays Capital, Morgan Stanley, RBS and Wells Fargo Securities. GM Financial uses net procee ... Continue reading

Hertz Extends Exchange Offer to Acquire Dollar Thrifty

Hertz Extends Exchange Offer to Acquire Dollar Thrifty

Hertz Global Holdings, Inc. ("Hertz") today announced that it has extended the expiration date of its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group, Inc. ("Dollar Thrifty") for $57.60 in cash and 0.8546 shares of Hertz common stock. The exchange offer and withdrawal rights are now schedul ... Continue reading

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