Automotive Industry
Industry: Email Alert RSS FeedMatra, builder of Renault's Avantime, is for sale.
Automotive News Europe, April, 2002 by De Saint-Seine, Sylviane
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Matra Automobile, the French coachbuilder that developed Europe's first full-size minivan, the Renault Espace, is looking for a buyer.
Matra's owner, conglomerate Lagard?re SCA, has asked the French investment bank Natexis to sell the company by the summer. Matra needs a cash-rich buyer.
"Matra's management is willing to take a stake, but this won't be enough," said Bernard Labet, Matra's deputy managing director.
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Matra's position within Lagard?re's portfolio - which ranges from media to defense contractors - has been in doubt since October 2000. That's when ...
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Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »